Associate/ Analyst, GCIB Credit

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:

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Responsibilities:

• To provide analytical and other support for senior team members, and confidently lead and interact with origination (Corporate Banking, Investment Banking, Global Markets, Global Transaction Services, etc.), risk and other support functions to support balanced portfolio growth
• To analyze customer financial strength, business strategy, market factors, regulatory environment to prepare credit memos and support portfolio management of various Corporate (spanning across a range of industries).
• To monitor the financial performance, industry trend and news flow associated with existing and new relationship
• To develop familiarity with various legal documents – trading documentations, loan agreement, and etc.
• To develop an understanding of internal policy, procedures and regulatory requirements and to ensure full compliance in all respects
• To maintain close working dialogue with business partners and analyze opportunities / risks thoroughly, and to provide the most appropriate financial solutions to clients and the bank.
• To develop product knowledge - a wide range of credit products including loans, derivatives, trade finance, cash management and treasury products
• To be capable of well managing various requests and transaction executions, including internal and external review, credit approval and audit

Qualifications and skills:

• Master or Bachelor’s degree in Business Administration, Economics or related disciplines
• Minimum 1 years of experience in Corporate or Investment Bank with a credit, research, corporate banking or other analytical/ underwriting capability, preferably in a multi-national bank or large financial institution
• Basic knowledge in capital market transactions as well as banking products
• An ability to work under pressure to tight deadlines and to plan and prioritize appropriately
• High personal standards of quality and a willingness to take responsibility for accurate and timely completion of task
• Strong written and verbal communication skills
• Pro-active & positive nature, problem solving skills, and results-oriented approach