Commercial Associate – Global Commercial Banking – Middle Market Banking

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us

Job Description

Great opportunity to join our Global Commercial Banking Team The Bank of America Middle Market segment is seeking a Commercial Associate to join our Pittsburgh Team. The Middle Market segment of the Commercial Bank serves public and private companies with annual revenues of $50 million to $2 billion, primarily in the U.S. and Canada, as well as their international subsidiaries. Our client relationship teammates, located in the U.S. and around the globe, partner across our company to provide a wide range of financial services, integrated working capital management and treasury solutions, and underwriting and advisory services.

This job supports client coverage teams by qualifying prospects, exploring opportunities with existing clients, preparing industry analyses, and developing innovative strategies to help us grow wallet and market share. Key responsibilities include working closely with various banking partners to create client/prospect presentations, providing support throughout the course of the transaction and strengthening client relationships. Job expectations include leveraging data to tell stories and sharing valuable insights from economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.  Successful CAs grow into Relationship Managers or other client-facing associates over ~4-5 years. 

 Responsibilities:

• Supports the analysis of financial statements, market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
• Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
• Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products
• Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
• Supports the coordination of clients/prospects and partners from product and deal teams (FX & Rates, Investment Banking, International) throughout the course of a transaction
• Supports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunities

Required Qualifications:

• Minimum 3 years of previous business experience
• Demonstrates initiative/self-motivation
• Possesses strong interpersonal skills
• Possesses strong analytical and financial modeling skills
• Understanding of corporate financial statements
• Demonstrates strong critical thinking skills
• Demonstrates the ability to independently make decisions

Desired Qualifications:

• Bachelor's Degree in Accounting, Finance, or related area
• Formal Commercial Credit Training preferred but not required

Skills:

• Financial Analysis
• Market Analysis
• Client Management
• Capital Structure Analysis
• Negotiating and Influencing
• Relationship Building
• Pipeline Management
• Client Solutions Advisory
• Referral Identification
• Data and Trend Analysis
• Risk Management
• Business Development
• Data Visualization
• Continuous Improvement
• Project Management

Shift:

Hours Per Week: