FAM Specialist

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.  We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. 

Being a Great Place to Work is core to how we drive Responsible Growth.  This includes our commitment to being inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. 

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.  Join us!

Job Description:
Financial Analysis & Monitoring (FAM) Specialist is responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio.

Responsibilities:

• Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviews
• Responsible for preparation of IFARS and FARS as assigned.
• Provides additional credit support to underwriting teams as requested
• Responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio 

Skills:

• Attention to Detail
• Financial Accounting
• Financial Analysis
• Oral Communications
• Prioritization
• Problem Solving
• Written Communications
• Analytical Thinking
• Collaboration
• Critical Thinking
• Data Management
• Underwriting

Required Qualifications:

• 2 + years of commercial banking, private banking, leasing or finance industry
• Strong Written and Verbal Communication skills
• Well organized and able to work independently, manage multiple assignments, and meet deadlines
• Strong Leadership and Teamwork and ability to work with others
• PC Proficiency including Excel, Word, Outlook and other applications

Desired Qualifications:

• Bachelor’s Degree in, Business Administration, Finance, Accounting, or Economics or equivalent experience

• 2 + years of commercial or private banking underwriting, credit analysis or finance industry

• Working knowledge of financial balance statements and tax returns

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: