Senior Commercial Lending Specialist
5 days ago
Estimated annual salary: $120,000
">About UsAt Bank of America, we strive to be a great place to work for our teammates and deliver exceptional services to our clients. Our purpose is to help make financial lives better through the power of every connection.
">Job OverviewThis role involves leading the commercial credit process within the Enterprise Credit organization. You will collaborate with Client Management teams and internal partners to drive efficient credit delivery experiences for select Business Banking and Middle Market clients and prospects.
">Key Responsibilities- ">
- Collaborate directly with Client Management teams and internal partners to drive an efficient credit delivery experience.">
- Obtain lending authority to utilize through the underwriting and approval process.">
- Maintain relationships with the client management team and work directly with clients from deal structuring through final credit approval, legal document negotiations, and closing as necessary.">
- Negotiate with the client on credit terms, perform full underwriting analysis, and prepare deal justification.">
- Ensure data quality of credit-related client and deal information.">
- Participate in Regional and Market meetings to communicate credit delivery best practices and results.">
To excel in this role, you should have:
">- ">
- 2+ years of commercial credit experience.">
- Client-facing experience with the ability to consult and navigate client requests.">
- Strong analytical skills and attention to detail.">
- Effective communication skills in both written and oral presentations.">
- The ability to effectively partner with peers and other business units across the enterprise.">
- Demonstrate a sense of urgency with decision making and execution.">
- Skill in using Microsoft Office (Excel, PowerPoint, Word, etc.).">
- A Bachelor's degree in Finance, Accounting, or Economics majors preferred.">
- Prior commercial loan underwriting experience.">
- Proficiency in Loan Structuring, Underwriting, Collaboration, Decision Making, Written Communications, Interpret Relevant Laws, Rules, and Regulations, Credit Documentation Requirements, Active Listening, Analytical Thinking, Attention to Detail, Issue Management, Risk Management, Negotiation, Oral Communications, and Prioritization.">
At Bank of America, we value diversity and inclusion. We believe in being a workplace free from discrimination and harassment and fostering an environment where everyone feels valued, respected, and empowered to contribute their best work. If you share our commitment to these values, we encourage you to apply.
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