Wholesale Credit Admin Associate II- Global Markets Credit

4 weeks ago

Chicago, United States Bank of America Corporation Full time

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Job Description:

This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.

Responsibilities:

* Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations
* Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation
* Identifies and resolves data quality issues
* Identifies opportunities to improve operational efficiency
* Understands policy and procedures and ensures compliance

Skills:

* Data Collection and Entry
* Record Keeping
* Attention to Detail
* Oral Communications
* Written Communications
* Collaboration
* Customer and Client Focus
* Planning
* Prioritization

Required Qualifications:

* Credit Guidelines & Lending Procedures
* Portfolio monitoring
* Underwriting systems
* Credit Documentation verification
* Commercial Lending & Commercial Products
* Time Management
* Organization
* Influencing

Desired Qualifications:

* Institutional banking experience and knowledge of trading products
* Good communication skills, both written and oral - ability to be concise and with attention to accuracy and detail; ability to influence business partners and stakeholders
* Good interpersonal skills and team player with a proactive attitude and ability to think independently and laterally
* Able to quickly absorb and follow credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.
* Strong work organizational skills with an ability to work under pressure to ensure commitment deadlines are met. Ability and willingness to work as part of a team is essential
* Strong technical skills including Word, Excel, PowerPoint

Minimum Education Requirement: College graduate preferred or equivalent and/or track record of relevant experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

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