Bank of America
Overview
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. We are committed to an inclusive workplace, supporting teammates’ wellness, recognizing performance, and making an impact in the communities we serve. This role is focused on managing, monitoring, and documenting credit risk for a portfolio of clients, with opportunities to learn, grow, and make an impact.
Responsibilities
Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury. Exercises Delegated Approval Authority to make approval decisions for the business including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actions. Acts as a senior coverage team resource supporting ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses while identifying opportunities to responsibly grow the loan portfolio. Leads new credit originations in coordination with Relationship Managers, Risk, Syndications, Treasury, and other product partners. Negotiates and structures legal documentation related to loans and derivatives. Establishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client’s credit life cycle. Trains, coaches, and mentors Credit Analysts and Associates.
Qualifications
Required Qualifications:
7+ years’ experience in asset based and/or commercial lending. Experience in monitoring the credit health of asset based or commercial lending clients. Strong knowledge and comprehension of loan and collateral documentation. Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers. Ability to develop an independent viewpoint and present a business case to support conclusions. Excellent relationship management skills, experience working in a team environment, and ability to influence diverse constituencies toward consensus. Coaching and mentoring skills. Strong Microsoft Office skills.
Desired Qualifications:
Bachelor’s Degree in Accounting and/or Finance. 10+ years’ experience in asset based and/or commercial lending.
Skills
Analytical Thinking Credit and Risk Assessment Financial Analysis Loan Structuring Underwriting Attention to Detail Business Acumen Financial Forecasting and Modeling Research Analysis Written Communications Collaboration Critical Thinking Portfolio Analysis
Work Details
Shift: 1st shift (United States of America) Hours per week: 40
Seniorities & Employment
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Banking
Location: Dallas, TX
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At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. We are committed to an inclusive workplace, supporting teammates’ wellness, recognizing performance, and making an impact in the communities we serve. This role is focused on managing, monitoring, and documenting credit risk for a portfolio of clients, with opportunities to learn, grow, and make an impact.
Responsibilities
Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury. Exercises Delegated Approval Authority to make approval decisions for the business including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actions. Acts as a senior coverage team resource supporting ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses while identifying opportunities to responsibly grow the loan portfolio. Leads new credit originations in coordination with Relationship Managers, Risk, Syndications, Treasury, and other product partners. Negotiates and structures legal documentation related to loans and derivatives. Establishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client’s credit life cycle. Trains, coaches, and mentors Credit Analysts and Associates.
Qualifications
Required Qualifications:
7+ years’ experience in asset based and/or commercial lending. Experience in monitoring the credit health of asset based or commercial lending clients. Strong knowledge and comprehension of loan and collateral documentation. Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers. Ability to develop an independent viewpoint and present a business case to support conclusions. Excellent relationship management skills, experience working in a team environment, and ability to influence diverse constituencies toward consensus. Coaching and mentoring skills. Strong Microsoft Office skills.
Desired Qualifications:
Bachelor’s Degree in Accounting and/or Finance. 10+ years’ experience in asset based and/or commercial lending.
Skills
Analytical Thinking Credit and Risk Assessment Financial Analysis Loan Structuring Underwriting Attention to Detail Business Acumen Financial Forecasting and Modeling Research Analysis Written Communications Collaboration Critical Thinking Portfolio Analysis
Work Details
Shift: 1st shift (United States of America) Hours per week: 40
Seniorities & Employment
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Banking
Location: Dallas, TX
#J-18808-Ljbffr