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Commercial Credit Officer

Los Angeles;

Job Description:

Bank of America's Healthcare Education and Not For Profit (HENFP) banking group is seeking a Credit Officer.  HENFP is part of the Commercial Bank and supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional and social service organizations. This position will be based in Los Angeles or San Diego, California.

The Commercial Credit Officer (CCO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions for commercial banking clients.  Products include lines of credit, term loans, real estate loans, and syndicated loans.  The CCO manages all of the ancillary credit exposure to clients. The CCO maintains knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. This role reports to the Commercial Credit Manager or Executive and will be aligned to an Underwriting Team that supports the market. This role will specifically support activity in Southern California , serving a broad ranges of clients with annual revenue ranging from $50MM to $2BN+.

Responsibilities:

Perform analysis of clients and prospects and their industries

Design and execution of credit solutions, and the active management of asset quality

Collaborates with the Relationship Manager (RM), 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

Serve 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    

Required Skills:

BS/BA degree desired and 10+ years of solid commercial banking experience

Experience in financial analysis, structuring, underwriting and portfolio management

Analytical/technical skills, including financial accounting, modeling and loan structuring

Strong communication skills; ability to communicate vertically, horizontally, and externally

Industry knowledge across multiple sectors 

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Bank of America's Healthcare Education and Not For Profit (HENFP) banking group is seeking a Credit Officer.  HENFP is part of the Commercial Bank and supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional and social service organizations. This position will be based in Los Angeles or San Diego, California.

The Commercial Credit Officer (CCO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions for commercial banking clients.  Products include lines of credit, term loans, real estate loans, and syndicated loans.  The CCO manages all of the ancillary credit exposure to clients. The CCO maintains knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. This role reports to the Commercial Credit Manager or Executive and will be aligned to an Underwriting Team that supports the market. This role will specifically support activity in Southern California , serving a broad ranges of clients with annual revenue ranging from $50MM to $2BN+.

Responsibilities:

Perform analysis of clients and prospects and their industries

Design and execution of credit solutions, and the active management of asset quality

Collaborates with the Relationship Manager (RM), 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

Serve 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    

Required Skills:

BS/BA degree desired and 10+ years of solid commercial banking experience

Experience in financial analysis, structuring, underwriting and portfolio management

Analytical/technical skills, including financial accounting, modeling and loan structuring

Strong communication skills; ability to communicate vertically, horizontally, and externally

Industry knowledge across multiple sectors 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22036452

Band: H4

Manages People: No

Travel: Yes, 25% of the time

Manager:

Talent Acquisition Contact:

Anthony Picano

Referral Bonus:

0