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Lending Reporting Associate

New York, New York

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

GMC Overview
Global Markets Credit (GMC) is responsible for ensuring a comprehensive and consistent credit underwriting and monitoring process for Global Markets lending and trading activities.  GMC partners directly with the Global Markets front line unit for client selection, underwriting, and monitoring activities to drive revenue growth while maintaining appropriate risk disciplines.  GMC also coordinates engagement with key control partners, including Global Risk, Finance, Credit Review, and Audit in accordance with our Risk Framework.

The GMC Portfolio Management Team is responsible for reporting, data analysis, and portfolio management of the GMC lending and trading portfolios.  The Lending Reporting Analyst will be responsible for the creation, maintenance and improvements of reports and the analysis and presentation of data under the aggregate GMC scope. 

Job Description
As a Lending Reporting Associate, you will be integral in delivering credit risk reporting, data analysis, portfolio reviews, and presentations on the Global Markets Credit (GMC) lending portfolio.  The Associate will contribute to a robust monitoring environment through analysis and written updates to management.  You will work closely with colleagues in the Global Markets business, Risk, GMC Credit Officers, and other Portfolio Managers.  The experience level of individuals in this role typically ranges from three to five years and requires a demonstrated aptitude with data, reporting and written communications.  Associated role title includes Associate Portfolio Manager.


Responsibilities:
•    Deliver routine reporting and presentations on an accurate and timely basis to contribute to a robust and efficient monitoring environment
•    Analyze portfolios to determine key drivers and conduct further investigation as needed 
•    Write effective summaries and presentations to complement reporting and data
•    Liaise closely with credit officers and other stakeholders to adapt or provide reporting, data analysis and data solutions
•    Produce ad hoc reporting and presentations to address business needs and risk environment
•    Support data integrity by identifying, escalating, and remediating data issues
•    Demonstrate a strong control environment by incorporating checks and creating and maintaining process documentation
•    Coordinate and contribute to presentations in response to regulatory and senior management requests
•    Support enterprise initiatives and partner with applicable stakeholders across the firm on emerging topics

Required Qualifications:
•    At least three years of direct reporting experience; direct experience with reporting on a lending portfolio a plus
•    Strong organizational, oral and written communication skills and attention to detail
•    Critical thinking skills to evaluate and investigate information
•    Ability to work with GMC teammates and other partners in a fast-paced environment and with a quick turnaround time
•    Ability to join the dots across a myriad of systems and data to design efficient reporting and processes
•    Proficiency in Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications
•    Proficiency in SQL, Alteryx, and/or Python is a plus.
•    Personal drive, and a sense of urgency and responsiveness with a willingness to grow, learn, and take on increasing levels of responsibility
•    Desire to improve and streamline processes, along with the ability to troubleshoot independently


 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24006500

Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$72,500 - $163,000 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, access to paid time off, 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.

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036