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Bank of America GCIB Credit Officer in New York, New York

GCIB Credit Officer

New York, New York

Job Description:

The Credit Officer effectively executes broad credit risk management responsibilities within Wholesale Credit. Primary responsibilities include:

Primary account responsibility for a complex portfolio of Large Corporate Clients in General Industries.

  • Structure complex transactions and negotiate complex credit documentation to mitigate risk appropriately.

  • Solid communication and presentation skills; team player with a positive attitude.

  • Develop and maintain a deep understanding of the industry and an assigned portfolio of clients to assess risk solutions that balance risk and return.

  • Develop and maintain a deep understanding of the Global Banking & Markets product spectrum.

  • Develop and maintain strategic partnerships with Corporate Banking, Investment Banking,

  • Global Markets and Treasury Management.

  • Independently develop high quality credit analysis with a focus on business rationale, key risks, sources of repayment, projections and returns & profitability

  • Independently assess, diligence and make justifiable credit recommendations.

  • Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the clients’ credit life cycle.

  • Participate in strategic projects to support business goals.

  • Informal management responsibility for Analysts and Associates on the team.

  • Responsible for driving portfolio asset quality and speed to market

Required Skills:

  • 7 - 10 years’ experience in commercial and / or corporate lending environment, with understanding of loans, trading & treasury products

  • Able to soundly manage the portfolio and justify rationale for recommended transactions.

  • Must have ability to manage the most complex transactions, possess strong credit skills and transaction experience, and demonstrate the ability to work with senior officers, business partners, and clients.

  • Must be able to independently lead diligence efforts, make approval recommendations, negotiate loan documentation and execute timely closings

  • Requires effective communication style and ability to manage multiple priorities - must be a team player​

Job Band:

H4

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Credit Officer effectively executes broad credit risk management responsibilities within Wholesale Credit. Primary responsibilities include:

Primary account responsibility for a complex portfolio of Large Corporate Clients in General Industries.

  • Structure complex transactions and negotiate complex credit documentation to mitigate risk appropriately.

  • Solid communication and presentation skills; team player with a positive attitude.

  • Develop and maintain a deep understanding of the industry and an assigned portfolio of clients to assess risk solutions that balance risk and return.

  • Develop and maintain a deep understanding of the Global Banking & Markets product spectrum.

  • Develop and maintain strategic partnerships with Corporate Banking, Investment Banking,

  • Global Markets and Treasury Management.

  • Independently develop high quality credit analysis with a focus on business rationale, key risks, sources of repayment, projections and returns & profitability

  • Independently assess, diligence and make justifiable credit recommendations.

  • Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the clients’ credit life cycle.

  • Participate in strategic projects to support business goals.

  • Informal management responsibility for Analysts and Associates on the team.

  • Responsible for driving portfolio asset quality and speed to market

Required Skills:

  • 7 - 10 years’ experience in commercial and / or corporate lending environment, with understanding of loans, trading & treasury products

  • Able to soundly manage the portfolio and justify rationale for recommended transactions.

  • Must have ability to manage the most complex transactions, possess strong credit skills and transaction experience, and demonstrate the ability to work with senior officers, business partners, and clients.

  • Must be able to independently lead diligence efforts, make approval recommendations, negotiate loan documentation and execute timely closings

  • Requires effective communication style and ability to manage multiple priorities - must be a team player​

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-21057763

Band: H4

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Sandy Cojocaru

Referral Bonus:

0

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .

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