Job 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:
Financial Analysis & Monitoring (FAM) Specialist is responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio.
Responsibilities:
Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviewsResponsible for preparation of IFARS and FARS as assigned.Provides additional credit support to underwriting teams as requestedResponsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolioSkills:
Attention to DetailFinancial AccountingFinancial AnalysisOral CommunicationsPrioritizationProblem SolvingWritten CommunicationsAnalytical ThinkingCollaborationCritical ThinkingData ManagementUnderwritingRequired Qualifications:
2 + years of commercial banking, private banking, leasing or finance industryStrong Written and Verbal Communication skillsWell organized and able to work independently, manage multiple assignments, produce accurate work and meet deadlinesStrong Leadership and Teamwork and ability to work with othersPC Proficiency including Excel, Word, Outlook and other applicationsDesired Qualifications:
Bachelor’s Degree in, Business Administration, Finance, Accounting, or Economics or equivalent experience2 + years of commercial or private banking underwriting, credit analysis or finance industryWorking knowledge of financial balance statements and tax returnsMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)Hours Per Week:
40