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Merchant Services Sr. Commercial Credit Officer

New York, New York;

Job Description:

Overview:

Member of the Merchant Services Underwriting Team supporting Merchant clients.

  • Applies credit underwriting experience to the new Merchant Services team at Bank of America
  • GBAM role will support Merchant Services clients with annual revenue of $5MM+
  • Seeking Credit and Risk management resource to review and manage high (>$20MM) MCRE GBAM Merchant Services relationships.
  • Partners with Client Manager (CM), Treasury Solutions Officer (TSO), and other product partners to assess client needs, design integrated solutions and deliver the bank to clients and prospects.
  • Responsible for direct client engagement
  • Seeking placement of this role in NYC, Charlotte, Phoenix  - open to discuss relocation opportunities

Assigned as a market or industry level resource, the Credit Products Officer (CPO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions. Guidelines for assignment of CPOs include specific criteria and is made at the discretion of the Credit Products Manager (CPM) in consultation with the Market Executive (ME). The role also serves as Line/Credit approver in conjunction with Risk management based on credit approval grid and drives the internal credit approval process, loan documentation and closing. Involvement with monitoring activities/approvals is also part of the responsibilities. The CPO maintains knowledge of Bank products including Investment Banking and Treasury Management where applicable that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. The role is balanced between analysis/underwriting of clients and prospects and their industries, design and execution of credit solutions, and the active management of asset quality. Client facing, the CPO collaborates with the Client Manager (CM), Treasury Solutions Officer (TSO), and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects. The CPO reports to the Credit Products Manager (CPM) and will be aligned to multiple Portfolio Management Officers (PMO), serving as a mentor/coach. Role will entail direct client engagement.

Required and Desired skills include:

  • Seeking highly skilled Credit and Risk management resource to review and manage high (>$20MM) MCRE GBAM Merchant Services relationships.
  • Qualifications include a BS/BA degree or equivalent experience
  • 7+ years of demonstrated experience in financial analysis, structuring, underwriting and portfolio management
  • Demonstrated communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
  • Will are open to discuss relocation opportunities to place in desired cities

Click the Apply now link to speak with TA consultant about your interest.

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Overview:

Member of the Merchant Services Underwriting Team supporting Merchant clients.

  • Applies credit underwriting experience to the new Merchant Services team at Bank of America
  • GBAM role will support Merchant Services clients with annual revenue of $5MM+
  • Seeking Credit and Risk management resource to review and manage high (>$20MM) MCRE GBAM Merchant Services relationships.
  • Partners with Client Manager (CM), Treasury Solutions Officer (TSO), and other product partners to assess client needs, design integrated solutions and deliver the bank to clients and prospects.
  • Responsible for direct client engagement
  • Seeking placement of this role in NYC, Charlotte, Phoenix  - open to discuss relocation opportunities

Assigned as a market or industry level resource, the Credit Products Officer (CPO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions. Guidelines for assignment of CPOs include specific criteria and is made at the discretion of the Credit Products Manager (CPM) in consultation with the Market Executive (ME). The role also serves as Line/Credit approver in conjunction with Risk management based on credit approval grid and drives the internal credit approval process, loan documentation and closing. Involvement with monitoring activities/approvals is also part of the responsibilities. The CPO maintains knowledge of Bank products including Investment Banking and Treasury Management where applicable that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. The role is balanced between analysis/underwriting of clients and prospects and their industries, design and execution of credit solutions, and the active management of asset quality. Client facing, the CPO collaborates with the Client Manager (CM), Treasury Solutions Officer (TSO), and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects. The CPO reports to the Credit Products Manager (CPM) and will be aligned to multiple Portfolio Management Officers (PMO), serving as a mentor/coach. Role will entail direct client engagement.

Required and Desired skills include:

  • Seeking highly skilled Credit and Risk management resource to review and manage high (>$20MM) MCRE GBAM Merchant Services relationships.
  • Qualifications include a BS/BA degree or equivalent experience
  • 7+ years of demonstrated experience in financial analysis, structuring, underwriting and portfolio management
  • Demonstrated communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
  • Will are open to discuss relocation opportunities to place in desired cities

Click the Apply now link to speak with TA consultant about your interest.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21001424

Band: H4

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jill Cox

Referral Bonus:

0