Wholesale Credit Admin Associate II/III - Global Markets 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 supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.

Handles more complex opportunities and takes a greater leadership role in supporting the clients' needs. Provides coaching to less experienced associates when dealing with day-to-day support activities. Employees that achieve success in this role often demonstrate the following attributes: attention to detail, self-motivation and learning agility.

Responsibilities:

Coordinates pre and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations

Responsible for monitoring requirements by creating / clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation

Identifies and resolves data quality issues

Identifies opportunities to improve operational efficiency

Understands policy and procedures and ensures compliance

Leads or participates in special projects

Coach and develop junior associate

This role can be filled as Wholesale Credit Admin Associate II or III.

Required Skills:

• Data Collection and Entry
•  Record Keeping
• Attention to Detail
•  Oral Communications
• Written Communications
• Collaboration
• Customer and Client Focus
• Planning
• Prioritization
• Credit Guidelines & Lending Procedures
• Portfolio monitoring
• Underwriting systems
• Credit Documentation verification
• Commercial Lending & Commercial Products
• Time Management
• Organization
• Collaborating
• Influencing

Desired Skills:

• College graduate or equivalent and/or track record of relevant experience

•  Institutional banking experience and knowledge of lending products
• Good communication skills, both written and oral - ability to be concise and with attention to accuracy and detail; ability to influence business partners and stakeholders
• Good interpersonal skills and team player with a proactive attitude and ability to think independently and laterally
• Able to quickly absorb and follow credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.
• Strong work organizational skills with an ability to work under pressure to ensure commitment deadlines are met. Ability and willingness to work as part of a team is essential
• Strong technical skills including Word, Excel, PowerPoint

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$25.50 - $48.60 hourly pay, 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.