Business Banking Credit Portfolio Officer II / III
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We drive Responsible Growth and deliver for our clients, teammates, communities, and shareholders every day. We foster an inclusive workplace where every teammate has the opportunity to succeed, build a career, and contribute to our shared success. Our culture supports physical, emotional, and financial wellness through affordable, competitive, and flexible benefits. We value diverse perspectives shaped by military service, community college education, and varied work and life experiences, which strengthen our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development, with clear in-office expectations and flexibility based on role-specific responsibilities and business needs.
About the role
The Business Banking Credit Portfolio Officer supports credit underwriting and monitoring for new and existing clients. Responsibilities include completing credit analysis, evaluating risks, and writing financial analysis using various tools and systems. The role involves analyzing financials, projections, industry data, covenant compliance, collateral, and policy requirements to ensure alignment with the bank’s risk appetite. This role reports to the Commercial Credit Manager that supports the market.
Responsibilities
- Analyze client financial information, identify and mitigate potential risks, ensure compliance with regulatory requirements, and evaluate collateral to determine credit worthiness.
- Complete monitoring activities via analysis of clients’ financial performance and collateral evaluation to ensure appropriate requirements are met.
- Listen in to client meetings to develop a deeper understanding of the client's business, management team, and past and future performance.
- Review completed client requests to ensure compliance with policy and procedures.
- Understand how credit data is used internally and provided to regulatory partners.
- Assist with periodic portfolio reviews.
- Support the credit monitoring process for existing clients.
- Prepare credit analysis to facilitate the decisioning of a client's credit worthiness.
Skills
- Relationship Building
- Financial Analysis
- Credit Documentation
- Underwriting
- Analytical Thinking
- Loan Structuring
- Active Listening
- Attention to Detail
- Collaboration
- Written Communication
- Issue Management
- Organization
- Data and Trend Analysis
- Research
Requirements
- 2+ years of solid Commercial Banking experience.
- Experience in financial analysis, structuring, underwriting, and portfolio management.
- Analytical/technical skills, including financial accounting, modeling, and loan structuring.
- Strong communication skills; ability to communicate vertically, horizontally, and externally.
- Industry knowledge across multiple sectors.
Qualifications
- High School Diploma / GED / Secondary School or equivalent.
Schedule
1st shift (United States of America), 40 hours per week.