Bank of America
Leasing Credit Sr Officer/Leasing Credit Officer II
Bank of America, Providence, Rhode Island, us, 02912
Leasing Credit Sr Officer/Leasing Credit Officer IIJob 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.
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 Responsibilities:
Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors.
Partners with client-facing teammates to consult on sales opportunities and provide the product expertise necessary to deliver the best possible solution to the client.
Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures, and regulatory requirements.
Structures the terms of a lease/loan with respect to various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral).
Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.
Required Qualifications:
7+ years experience in commercial banking related role for Leasing Credit Sr Officer, 5+ years experience in commercial banking related role for Leasing Credit Officer II.
Must have proficient credit and risk analysis skills.
Must have strong presentation, structuring, and financial statement analysis skills of complex transactions.
Proficient Microsoft Office skills.
Desired Qualifications:
Undergraduate degree in finance or accounting; MBA preferred.
Proven ability to analyze, interpret, and negotiate third-party documentation.
Proven ability to identify trends and emerging risks in underwriting and client selection.
Skills:
Financial Analysis
Loan Structuring
Research Analysis
Risk Management
Underwriting
Account Management
Credit Documentation Requirements
Credit and Risk Assessment
Decision Making
Issue Management
Analytical Thinking
Coaching
Collaboration
Critical Thinking
Customer and Client Focus
Problem Solving
Organized, Multi-task
Teamwork
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details:
Pay range $81,900.00 - $200,000.00 annualized salary, offers to be determined based on experience, education, and skill set. This role is eligible to participate in the annual discretionary plan.
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.
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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.
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 Responsibilities:
Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors.
Partners with client-facing teammates to consult on sales opportunities and provide the product expertise necessary to deliver the best possible solution to the client.
Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures, and regulatory requirements.
Structures the terms of a lease/loan with respect to various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral).
Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.
Required Qualifications:
7+ years experience in commercial banking related role for Leasing Credit Sr Officer, 5+ years experience in commercial banking related role for Leasing Credit Officer II.
Must have proficient credit and risk analysis skills.
Must have strong presentation, structuring, and financial statement analysis skills of complex transactions.
Proficient Microsoft Office skills.
Desired Qualifications:
Undergraduate degree in finance or accounting; MBA preferred.
Proven ability to analyze, interpret, and negotiate third-party documentation.
Proven ability to identify trends and emerging risks in underwriting and client selection.
Skills:
Financial Analysis
Loan Structuring
Research Analysis
Risk Management
Underwriting
Account Management
Credit Documentation Requirements
Credit and Risk Assessment
Decision Making
Issue Management
Analytical Thinking
Coaching
Collaboration
Critical Thinking
Customer and Client Focus
Problem Solving
Organized, Multi-task
Teamwork
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details:
Pay range $81,900.00 - $200,000.00 annualized salary, offers to be determined based on experience, education, and skill set. This role is eligible to participate in the annual discretionary plan.
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.
#J-18808-Ljbffr