Leasing Credit Officer

3 days ago


Chicago, Illinois, United States Bank of America Full time
Job Title: Leasing Credit Sr Officer/Leasing Credit Officer II

Job Summary:

At Bank of America, we are committed to helping our clients achieve their financial goals through innovative solutions. As a Leasing Credit Sr Officer/Leasing Credit Officer II, you will play a critical role in assessing credit risk and providing expert knowledge of business finance to our clients.

Key Responsibilities:

  • Evaluate new end-user credit opportunities, including identification and assessment of risks and mitigating factors.
  • Partner with client-facing teammates to consult on sales opportunities and provide product expertise and consultation necessary to deliver the best possible solution to the client.
  • Underwrite new transactions, analyze credit risk, negotiate and close deals, while adhering to internal policy, procedures and regulatory requirements.
  • Structure the terms of a lease/loan with respect to various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral).
  • Manage the credit process for a portfolio of clients, including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.

Requirements:

  • 7+ years experience in commercial banking related role for Leasing Credit Sr Officer, 5+ years experience in commercial banking related role for Leasing Credit Officer II.
  • Proficient credit and risk analysis skills.
  • Strong presentation, structuring and financial statement analysis skills of complex transactions.
  • Proficient Microsoft Office skills.

Preferred Qualifications:

  • Undergraduate degree in finance or accounting; MBA preferred.
  • Proven ability to analyze, interpret and negotiate third party documentation.
  • Proven ability to identify trends and emerging risks in underwriting and client selection.

Skills:

  • Financial Analysis
  • Loan Structuring
  • Research Analysis
  • Risk Management
  • Underwriting
  • Account Management
  • Credit Documentation Requirements
  • Credit and Risk Assessment
  • Decision Making
  • Issue Management
  • Analytical Thinking
  • Coaching
  • Collaboration
  • Critical Thinking
  • Customer and Client Focus
  • Problem Solving
  • Organized, Multi-task
  • Teamwork

Pay and Benefits:

This role is eligible for an annual discretionary plan and offers a competitive salary range of $81,900.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set. Benefits include industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.



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