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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description: 

The AB Sr Credit Officer manages a portfolio of asset-based structured loans in the retail industry. The AB Sr Credit Officer is responsible for actively monitoring financial and collateral trends and recommending appropriate action. Responsibilities also include reviewing requests for loan modifications, analyzing financial performance, negotiating terms, drafting proposals, reviewing and negotiating loan documents and preparing recommendations for approval.

The AB Sr. Credit Officer is an active member of the client team and interfaces directly with the client and participates in building the client relationship. Generally capable of handling the most sensitive accounts. The AB Sr. Credit Officer is responsible for handling both strong credits as well as distressed/turnaround credits including managing accounts through a bankruptcy process.

Responsibilities: 

Manages a portfolio of asset-based structured loans in the retail industry.Actively monitors financial and collateral trends and recommend appropriate action.Review requests for loan modificationsAnalyze financial performance, negotiating terms, drafting proposals, reviewing, negotiating loan documents and preparing recommendations for approval.Participates in building client relationships.Handle both strong credits as well as distressed/turnaround credits including managing accounts through a bankruptcy process.

Required Qualifications: 

Must have 10+ years of Asset Based loan credit and portfolio management experience for the Sr. AB Credit Officer position. Must have 5+ years of Asset Based loan credit and portfolio management experience for the AB Credit Officer position.Must have the ability to independently manage a complex portfolio of corporate and middle market banking clients.Must have experience managing agented syndicated accounts.Must have experience reviewing and negotiating loan documentation.

Desired Qualification:

Bachelor’s Degree

Skills:

Attention to DetailClient ManagementDecision MakingUnderwritingCredit Documentation RequirementsCritical ThinkingPortfolio ManagementProblem SolvingWritten CommunicationsFinancial AnalysisNegotiation

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40