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Sr. Leasing Sales Support Associate

Providence, Rhode Island;

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!

Job Description:

Associate at this level is responsible for establishing and maintaining strategic relationships with the designated Originations team in support of the line of business.  This includes ongoing interaction with clients and business partners to support achievement of team goals, client retention and satisfaction, risk mitigation and revenue growth.    

  • Performs client/prospect/industry sector research
  • Drafts proposal letters and term sheets
  • Develops pitch books
  • Provides systems support to designated Originations team
  • General liaison with clients/bankers
  • Processes awarded deals through internal system and monitors to ensure expeditious underwriting, documentation and funding of transactions. 
  • Acts in the capacity of a program manager for the processing of periodic funding under master lease lines or tranche funding’s.
  • Partners with internal team members to assist with Know Your Customer onboarding.

Required Skills: "Must" have these skills to be minimally qualified

  • Minimum of 5+ years of experience in the financial services industry with responsibility for processing and closing equipment financing transactions.  Experience in leasing and secured lending products/solutions preferred. 
  • Broad knowledge of leasing and secured lending products/solutions
  • General knowledge in tax accounting, GAAP accounting, asset valuation and commercial/tax/bankruptcy law
  • Strong analytical and financial analysis skills
  • Strong communication skills
  • Results oriented -- ability to accomplish objectives within a specified timeframe
  • Strong attention to detail
  • Works effectively, both as a team member and independently
  • Proficiency with MS Office software applications
  • Exhibits professional maturity, strong interpersonal skills and client focus
  • Bachelor's degree or equivalent work experience

Skills:

  • Account Management
  • Analytical Thinking
  • Client Management
  • Customer and Client Focus
  • Relationship Building
  • Collaboration
  • Oral Communications
  • Presentation Skills
  • Problem Solving
  • Research
  • Adaptability
  • Attention to Detail
  • Networking
  • Prioritization
  • Written Communications

Minimum Education Requirement: Null

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-24010841

Manages People: No

Travel: Yes, 5% of the time

California pay and benefits information

California pay range:

$70,000 - $114,000 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.

Rhode Island pay and benefits information

Rhode Island pay range:

$70,000 - $114,000 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.