Operations Consultant
Bank of America
full-time
Posted on:
Location Type: Hybrid
Location: Plano • North Carolina • Texas • United States
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About the role
- Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products.
- Advises on the design, development, and implementation of complex products, systems, and services in an operations environment using discretionary judgment.
- Advises on projects and directs activities of a team related to special initiatives.
- Advises as a technical expert in assigned area, providing an understanding of the business unit's operations processes and implications on other groups within the operations function.
- Consults on present-state, develops alternative future-state approaches, and facilitates implementations by creating a clear and coherent approach to guide effective program/initiative setup, execution, and control.
- Identifies and recommends responsibilities and accountabilities for key programs/projects.
- Responsible for consultative activities for Syndicated and Corporate Lending fulfillment activities including: acts as a subject matter expert, frequently consulted on the execution of complex loan structuring arrangements.
- Develops and delivers training for new hires; provides up-training and serves as a proficiency coach to operations team.
- Daily quality review process for syndicated loan booking (pre- and post-closing).
- Ensures risk and controls are followed as documented in procedures.
- Exercises discretion and professional judgment in determining appropriate loan structuring having significant client, regulatory, and reputation implications and risk.
Requirements
- High level of proficiency with Microsoft suite of applications and loan accounting platforms and systems (LoanIQ, CreditCenter, etc.)
- Deep working knowledge of commercial lending, experience with complex credit agreements and structures, including syndications
- Applies critical thinking to analyze, identify and deal with legal, business, reputation, and operational risk
- Finance, accounting or math background or applicable experience
- Strong ability to influence, negotiate and lead diverse groups to achieve desired results, especially in dealing with escalations
- Highly organized self-starter, attentive to detail with strong time management skills and ability to balance competing priorities
- Demonstrated proficiency in Microsoft Office (Word, Excel, PowerPoint).
Benefits
- Health insurance
- 401(k) matching
- Flexible working hours
- Paid time off
- Remote work options
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
commercial lendingcomplex credit agreementssyndicationsloan structuringrisk managementcritical thinkingfinanceaccountingmathematics
Soft Skills
influencenegotiationleadershiporganizationattention to detailtime managementability to balance priorities