Business Banking Credit Portfolio Officer II / III

About the role

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. This role supports credit underwriting and monitoring for new and existing clients, reporting to the Commercial Credit Manager.

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 and support the credit monitoring process for existing clients.
• Prepare credit analysis to facilitate the decisioning of a client's credit worthiness.

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

• Minimum education requirement: High School Diploma / GED / Secondary School or equivalent.

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

Schedule

1st shift (United States of America), 40 hours per week.