San Francisco, California
18 hours ago
Wholesale Credit Admin Associate II - Global Corporate and Investment Banking

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:
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.

Responsibilities:

Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operationsMonitors requirements by creating and 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 complianceSupport and assist Credit Officers daily in the management of their portfolios, including the review of global credit facilities.Creation of credit approval documents for new, renewed and amended loan, trading and GTS facilities, and their processing through the bank systems of record.Review approved credit approval documents to ensure compliance with bank policy and procedures.Identify and resolve facility data discrepancies.Respond to inquiries from credit officers and other business partners. Investigate and resolve incoming queries relating to the portfolio.Monitor and resolve facility document exceptions.Create, maintain, and monitor credit and financial events and manage exceptions. Maintain accurate document records.

Required Qualifications:

5+ years' of Institutional banking experience and knowledge of lending productsPC literate and systems oriented with proficiency in all Microsoft applicationsStrong organization and communication skills

Desired Qualifications:

Bachelor's DegreeCommunicate effectively across various lines of business and levels. Ability to adapt to a changing environment and responsibilitiesQuickly learns and understand processes, systems, and productsFunctions under pressure to meet deadlines, proficient at multi-tasking and managing competing prioritiesAbility to escalate when neededCan independently analyze complex issues, identify, and execute practical solutionsProactively shares information/ideas and consistently identifies best practicesAbility to work as part of a diverse team and display reliability, flexibility, and open/ constructive communication in a courteous and professional mannerCan influence others and build relationshipsAptitude to take on additional ad hoc initiatives outside of normal day to day activities

Skills:

Attention to DetailData Collection and EntryRecord KeepingOral CommunicationsWritten CommunicationsCollaborationCustomer and Client FocusPlanningPrioritization

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

Shift:

1st shift (United States of America)

Hours Per Week: 

40

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