Jobs · OTHR · New York

Credit Support Associate II/III- Global Markets Credit

Bank of America · New York, NY · 3 wk ago
OTHRFull-time

About the role

Support Credit Officers in underwriting, monitoring, and managing credit portfolios. Serve as a key liaison between credit teams, operations, and Global Market business partners. Handle complex transactions and provide support to other associates to mitigate risks.

Responsibilities

  • Manage end-to-end credit processes including underwriting, monitoring, and documentation
  • Cook up pre- and post-closing activities, including due diligence and approval documentation
  • Serve as a point person for client onboarding by reviewing client prospectuses to identify risk objectives and ensure alignment with credit policies
  • Monitor compliance with credit agreements; maintain tickers and collect financials
  • Identify and resolve data quality issues; suggest process improvements
  • Ensure adherence to policies and procedures
  • Lead or contribute to special projects
  • Coach and support other team members

Requirements

  • Experience in institutional banking and Global Markets (2-5 years)
  • Knowledge of trading documentation and agreements (ISDA, MSFTA, Repo, etc.)
  • Understanding new business, including reviewing prospectuses and documentation to identify risk objectives and ensure compliance with internal policies
  • Ability to manage and analyze large data sets, using tools like Excel or BI platforms to identify trends, inconsistencies, and opportunities for process improvement. Proficiency in Microsoft Office (Word, Excel, PowerPoint)
  • Familiarity with credit and risk systems, and ability to navigate data across multiple platforms to support underwriting and monitoring activities
  • Strong attention to detail and organizational skills
  • Effective written and verbal communication
  • Able to prioritize and manage time effectively
  • Collaborative mindset with customer focus

Qualifications

  • Bachelor’s degree or equivalent experience
  • Understanding of trade exposure flows, including how transactions impact credit and market risk profiles
  • Knowledge of market risk concepts, such as interest rate risk, FX exposure, and counterparty risk, with ability to assess their relevance to client portfolios
  • Strong interpersonal and influencing skills
  • Ability to learn quickly and work independently
  • Copilot prompting to build efficiencies in reviewing client documentation

Skills

  • Attention to Detail
  • Data Collection and Entry
  • Record Keeping
  • Oral Communications
  • Written Communications
  • Collaboration
  • Customer and Client Focus
  • Planning
  • Prioritization
  • Pay

    Commensurate with experience

    Schedule

    1st shift (United States of America)

    Hours Per Week: 40

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