Commercial Associate - Global Commercial Bank - Transformative Technology
Bank of America · New York, NY · Yesterday
ManagementFull-time
About the role
Great opportunity to join our Global Commercial Banking Team! The Bank of America Middle Market segment is seeking a Commercial Associate to join our NYC GCB Middle Market team. The Global Commercial Bank serves public and private companies with annual revenues of $50 million to $2 billion, primarily in the U.S. and Canada, as well as their international subsidiaries. Commercial Associates will develop foundational skills in financial analysis, client relationship support, and commercial banking operations.
Responsibilities
- Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
- Collaborates with Market Executives, Relationship Managers, and team members across the bank to help prepare client presentations and support client deals
- Observes and supports the credit approval and treasury solutions processes to build knowledge of products, services, and related approval and packaging requirements
- Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
- Supports the delivery of new business analytics, monitors client activities, and performs portfolio optimization to identify and expand client relationships while maintaining and enhancing business opportunities
- Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
- Observes with domestic and international teammates including Investment Banking, Foreign Exchange, and Wealth Management, and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services to design and deliver financial solutions
Required Qualifications
- Minimum of two years of professional or business experience
- Applies analytical thinking and financial modeling skills
- Demonstrates strong critical thinking and the ability to work independently
- Displays excellent written and verbal communication skills
- Possesses proficiency in Microsoft Office (Excel, PowerPoint, Word, Outlook)
- Maintains strong attention to detail and organizational skills
- Has strong interpersonal skills with the ability to work collaboratively in a team environment
- Understands and interprets corporate financial statements
Desired Qualifications
- Previously held an internship or entry-level role in financial services
- Bachelor’s degree in accounting, finance or related field
Skills
- Continuous Improvement
- Data Visualization
- Relationship Building
- Client Management
- Data and Trend Analysis
- Financial Analysis
- Project Management
- Referral Identification
- Business Development
- Client Solutions Advisory
- Market Analysis
- Pipeline Management
- Risk Management
Minimum Education Requirement
Bachelor’s degree in related field or equivalent work experience
Schedule
1st shift (United States of America), 40 hours per week