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Bank of America
San Francisco, California, United States
(on-site)
Posted
20 hours ago
Bank of America
San Francisco, California, United States
(on-site)
Job Function
Financial Services
Credit Support Associate II/III- Commercial Credit
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Credit Support Associate II/III- Commercial Credit
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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 supporting 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, handling more complex opportunities and may provide coaching to associates when dealing with day-to-day support activities.
Required Skills:
- Strong, professional communication skills and client-facing presence
- Organizational and time management skills
- Attention to detail and able to execute in a fast paced environment
- Proven self-motivator with the ability to effectively prioritize work
- Ability to coordinate with multiple points of contact (internal and external)
- Experience with analysis or support function within Commercial Credit
Desired Skills:
- BA/BS degree preferred
- Project management experience
- Paralegal skills (i.e. understand legal language and experience with legal docs)
- Prior loan closing experience (or similar)
- Business background/degree OR understanding of credit
Responsibilities:
- Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations
- Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation
- Identifies and resolves data quality issues
- Identifies opportunities to improve operational efficiency
- Understands policy and procedures and ensures compliance
- Leads or participates in special projects
Skills:
- Attention to Detail
- Data Collection and Entry
- Record Keeping
- Collaboration
- Customer and Client Focus
- Oral Communications
- Prioritization
- Written Communications
- Planning
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - WA - Seattle - 401 Union St - Rainier Square (WA1510), US - WA - Spokane - 601 W Riverside Ave - Spokane Financial Center (WA2141)
Pay and benefits information
Pay range
$25.00 - $46.27 hourly pay, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Job ID: 82703932
Investing in our teammates’ wellness and long-term career growth.
Bank of America has always been the bank of opportunity for our shareholders, our clients and customers, our communities and our teammates.
We’re committed to connecting our nation’s military to the training, education and resources that put them on the path to financial stability. We employ thousands of veterans and military spouses. Building on that, since 2014 we have hired more than 10,000 service members. We also finance and partner with organizatio...
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