GCIB GMC Analyst-General Industries
2 weeks ago
**Job Title:** GCIB GMC Analyst-General Industries
**Job Summary:**
We are seeking a highly skilled GCIB GMC Analyst-General Industries to join our team at Bank of America. As a GCIB GMC Analyst-General Industries, you will be responsible for analyzing and interpreting client credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities.
Key Responsibilities:
- Analyzing qualitative and quantitative data such as client financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite.
- Completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.
- Conducting qualitative and quantitative analysis on company, industry, and macroeconomic factors to support credit decisions for large corporate clients.
- Assisting in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures.
- Evaluating transaction and relationship risk-adjusted profitability to facilitate the allocation of capital.
- Building projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings.
- Identifying and monitoring client and industry risk trends.
- Developing enterprise valuations.
- Discussing the merits of financing transactions from a credit risk and relationship perspective.
- Reviewing legal documentation related to loans and derivatives.
- Writing credit memorandums to summarize your analysis and conclusions.
Requirements:
- Understanding of basic finance and accounting concepts.
- Proficient business writing and verbal communication skills.
- Effective time management skills with ability to balance multiple competing priorities.
- Proficiency in Microsoft Excel.
Preferred Qualifications:
- Bachelor's Degree with emphasis in finance, accounting or economics.
- 1+ years of experience in corporate banking and credit preferred.
Skills:
- Analytical Thinking.
- Financial Analysis.
- Financial Forecasting and Modeling.
- Profitability Analysis.
- Research Analysis.
- Attention to Detail.
- Business Acumen.
- Credit and Risk Assessment.
- Underwriting.
- Written Communications.
- Collaboration.
- Critical Thinking.
- Portfolio Analysis.
- Prioritization.
- Technical Documentation.
Work Environment:
Bank of America is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse.
Benefits:
Bank of America offers a comprehensive benefits package, including competitive pay, health insurance, retirement savings, and paid time off.
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