Wholesale Credit Admin Associate II/III - Global Markets Credit

Wholesale Credit Admin Associate II/III - Global Markets Credit

05 Aug 2024
New York, New york city 00000 New york city USA

Wholesale Credit Admin Associate II/III - Global Markets Credit

Wholesale Credit Admin Associate II/III - Global Markets CreditNew York, New York;Dallas, Texas; Chicago, Illinois; Charlotte, North CarolinaJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description:This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.Handles more complex opportunities and takes a greater leadership role in supporting the clients' needs. Provides coaching to less experienced associates when dealing with day-to-day support activities. Employees that achieve success in this role often demonstrate the following attributes: attention to detail, self-motivation and learning agility.Responsibilities:Coordinates pre and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operationsResponsible for monitoring requirements by creating / clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentationIdentifies and resolves data quality issuesIdentifies opportunities to improve operational efficiencyUnderstands policy and procedures and ensures complianceLeads or participates in special projectsCoach and develop junior associateThis role can be filled as Wholesale Credit Admin Associate II or III.Required Skills:

Data Collection and Entry

Record Keeping

Attention to Detail

Oral Communications

Written Communications

Collaboration

Customer and Client Focus

Planning

Prioritization

Credit Guidelines & Lending Procedures

Portfolio monitoring

Underwriting systems

Credit Documentation verification

Commercial Lending & Commercial Products

Time Management

Organization

Collaborating

Influencing

Desired Skills:

College graduate or equivalent and/or track record of relevant experience

Institutional banking experience and knowledge of lending products

Good communication skills, both written and oral - ability to be concise and with attention to accuracy and detail; ability to influence business partners and stakeholders

Good interpersonal skills and team player with a proactive attitude and ability to think independently and laterally

Able to quickly absorb and follow credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.

Strong work organizational skills with an ability to work under pressure to ensure commitment deadlines are met. Ability and willingness to work as part of a team is essential

Strong technical skills including Word, Excel, PowerPoint

Shift:1st shift (United States of America)Hours Per Week:40Bank 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/OFCCPEEOSupplementFinalJRFQA508c.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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