Senior Leasing Risk Analyst

2 weeks ago


Chicago, Illinois, United States Bank of America Full time

Senior Leasing Risk Analyst

Location: Multiple locations across the United States

Position Overview:

At Bank of America, our mission is to enhance financial well-being through meaningful connections. We prioritize Responsible Growth, ensuring that we serve our clients, colleagues, communities, and shareholders effectively every day.

We are committed to fostering a diverse and inclusive workplace, valuing a wide array of backgrounds and experiences. Our investment in our team members and their families includes competitive benefits that support their overall well-being.

Bank of America champions collaboration while also providing flexibility tailored to various roles within our organization.

As a Senior Leasing Risk Analyst, you will be responsible for assessing obligor and facility risk ratings through comprehensive reviews of client financial statements, compliance with covenants, legal documentation related to loans and leases, and monitoring relevant news and alerts. You will collaborate closely with Risk Management Officers, Marketing Officers, Legal teams, and Credit Underwriting Officers. In cases where a banking relationship exists, you will evaluate the actions and risk ratings assigned by the bank's credit team to understand their impact on leasing exposure.

Key Responsibilities:

  • Conduct ongoing evaluations of client financial statements and compliance with covenants.
  • Engage effectively with internal partners and clients.
  • Manage a portfolio primarily consisting of troubled assets.
  • Address ad-hoc credit-related inquiries from clients, including negotiating waivers and amendments.
  • Prepare quarterly SER reports and conduct periodic credit reviews.
  • Provide training and mentorship to junior associates and oversee various leasing processes.
  • Balance multiple priorities while ensuring compliance with policies and deadlines.
  • Proactively identify and address potential credit issues early in the process.

Required Qualifications:

  • Minimum of 5 years of experience in commercial banking, leasing, or finance.
  • Strong background in commercial credit or leasing underwriting and portfolio management.
  • In-depth knowledge of credit and secured equipment financing.
  • Experience in reviewing and negotiating legal documents.

Desired Qualifications:

  • Bachelor's degree in finance or accounting.
  • Experience with high-risk criticized/classified exposures.
  • Familiarity with lease finance and high net worth underwriting.
  • Prior experience in corporate aircraft finance.
  • Proficiency in financial statement analysis tools.

Skills:

  • Financial Analysis
  • Loan Structuring
  • Research and Risk Management
  • Underwriting and Account Management
  • Analytical and Critical Thinking
  • Coaching and Collaboration
  • Customer Focus

Shift: 1st shift (United States of America)

Hours Per Week: 40

Bank of America is an equal opportunity employer, committed to creating a diverse and inclusive environment. We consider qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.



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