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Renewable Energy Finance - Credit Officer

New York, New York;

Job Description:

Business Overview:

Bank of America Global Leasing is the largest U.S. equipment financing company, serving over 59,000 clients worldwide. We have $71 billion in total assets, and have a significant global presence, with nearly 1,000 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.

*Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A.

Essential Functions:

Responsible for helping clients achieve their overall strategy through the innovative use of various funding alternatives; possess and share with the client and other members of the client team expert knowledge of business finance and the products and services associated therewith. Interact regularly with clients in an effort to proactively understand their goals, their current performance, and their needs. The Sr Credit Officer uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with senior Risk Management Officers and Product Delivery Managers. Also accountable for the documentation of transactions as a principal member of the transaction team.  One of the client team members responsible for interacting with financing product specialists for Renewable Energy Finance, including pricing, technical, legal and insurance specialists. Provide guidance and support to Leasing Credit Officers I and II.    

This position is posted as a Sr Credit Officer position, but is flexible to be filled as a Credit Officer position based on the skill set/experience of the candidate.

Preferred Education:

Undergraduate or graduate degree in engineering, finance or accounting; MBA preferred

Preferred Prior Work Experience: 

8-10 years experience in commercial banking or finance industry with significant credit experience.  Experience must include project-oriented energy financings including tax equity.  Renewable energy experiences a plus. 

Preferred/Desired Skills:

  • Extensive experience in the analysis and structuring of highly complex transactions, including project-oriented energy financings.

  • Strong credit and risk analysis skills

  • Must be able to analyze, interpret and negotiate third party documentation

  • Renewable and thermal energy, underwriting experience a plus

  • Customer service

  • Problem solving

  • Basic financial modeling

  • Clear and articulate oral and written communication skills

  • Computer skills

  • Organization

  • Teamwork

  • Results oriented, is able to accomplish objectives in a specified timeframe

  • 20% Travel

  • Preferred locations – New York, Providence, Hunt Valley, Boston

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Monday-Friday

Referral Bonus Amount:

0

Job Description:

Business Overview:

Bank of America Global Leasing is the largest U.S. equipment financing company, serving over 59,000 clients worldwide. We have $71 billion in total assets, and have a significant global presence, with nearly 1,000 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.

*Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A.

Essential Functions:

Responsible for helping clients achieve their overall strategy through the innovative use of various funding alternatives; possess and share with the client and other members of the client team expert knowledge of business finance and the products and services associated therewith. Interact regularly with clients in an effort to proactively understand their goals, their current performance, and their needs. The Sr Credit Officer uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with senior Risk Management Officers and Product Delivery Managers. Also accountable for the documentation of transactions as a principal member of the transaction team.  One of the client team members responsible for interacting with financing product specialists for Renewable Energy Finance, including pricing, technical, legal and insurance specialists. Provide guidance and support to Leasing Credit Officers I and II.    

This position is posted as a Sr Credit Officer position, but is flexible to be filled as a Credit Officer position based on the skill set/experience of the candidate.

Preferred Education:

Undergraduate or graduate degree in engineering, finance or accounting; MBA preferred

Preferred Prior Work Experience: 

8-10 years experience in commercial banking or finance industry with significant credit experience.  Experience must include project-oriented energy financings including tax equity.  Renewable energy experiences a plus. 

Preferred/Desired Skills:

  • Extensive experience in the analysis and structuring of highly complex transactions, including project-oriented energy financings.

  • Strong credit and risk analysis skills

  • Must be able to analyze, interpret and negotiate third party documentation

  • Renewable and thermal energy, underwriting experience a plus

  • Customer service

  • Problem solving

  • Basic financial modeling

  • Clear and articulate oral and written communication skills

  • Computer skills

  • Organization

  • Teamwork

  • Results oriented, is able to accomplish objectives in a specified timeframe

  • 20% Travel

  • Preferred locations – New York, Providence, Hunt Valley, Boston

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22091221

Band: H5

Manages People: No

Travel: Yes, 20% of the time

Manager:

Talent Acquisition Contact:

Jason Olomon

Referral Bonus:

0

New York City pay and benefits information

New York City pay range:

$89,000 - $157,000 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, 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.