Commercial Banking Associate

1 week ago


Baltimore, Maryland, United States Bank of America Full time
Job Title: Commercial Associate-Global Commercial Banking-Healthcare, Education, Not-for-Profit Group

At Bank of America, we are committed to helping our clients achieve their financial goals through our expertise in commercial banking. We are seeking a talented Commercial Associate to join our Global Commercial Banking team, focusing on the Healthcare, Education, and Not-for-Profit sectors.

Job Summary:

The Commercial Associate will play a key role in supporting our client teams in delivering financial services and consultative advice to our clients in the Healthcare, Education, and Not-for-Profit sectors. This role will involve working closely with Relationship Managers and other banking partners to analyze market and industry data, develop innovative strategies, and provide support throughout the transaction process.

Key Responsibilities:
  • Support the analysis of market and industry data to uncover insights for client meetings, pitch books, and relationship reviews
  • Collaborate with Market Executives, Relationship Managers, and team members to prepare client presentations and support client deals
  • Observe and/or support the credit approval process to gain knowledge of credit products and provide clients with exposure to the bank's credit products
  • Support the coordination of clients and partners throughout the transaction process
  • Deliver new business analytics and monitor client activities to identify and expand relationships and maintain business opportunities
Requirements:
  • Bachelor's Degree in Accounting, Finance, or related area (or equivalent experience)
  • Minimum 3-5 years of previous business experience
  • Demonstrates initiative and self-motivation
  • Possesses strong interpersonal and analytical skills
  • Possesses understanding of corporate financial statements
  • Demonstrates strong critical thinking and decision-making skills
Preferred:
  • Completion of Commercial Credit Training Program
  • Desire to work with Healthcare, Higher Education, and Not-for-Profit Institutions to develop new business relationships and grow the business with existing clients
What We Offer:

At Bank of America, we offer a competitive salary, benefits package, and opportunities for professional growth and development. We are committed to creating a diverse and inclusive workplace where our teammates can thrive and make a meaningful impact.



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