Credit Officer II – Dealer Financial Services
Bank of America
full-time
Posted on:
Location Type: Office
Location: Boston • Connecticut • Massachusetts • United States
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Salary
💰 $99,000 - $225,000 per year
About the role
- This job is responsible for managing, monitoring, and documenting credit risk for a portfolio of clients.
- Key responsibilities include monitoring changes in credit profiles, compliance with credit agreements as well as structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum.
- Job expectations may include assessing risk solutions which adhere to the bank's risk appetite and risk strategies and coaching and leading team members.
- Oversaw and assessed the credit worthiness of borrowers based on due diligence findings.
- Acts as a senior coverage team resource supporting ongoing credit matters and asset quality.
- Leads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partners.
Requirements
- Minimum of 7 years commercial credit underwriting and analysis with a commercial bank or OEM captive finance organization.
- Strong knowledge and comprehension of loan and collateral documentation
- Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers
- Confidence and ability to develop an independent viewpoint and present a business case to support conclusions
- Excellent relationship management skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus
- Coaching and mentoring skills
- Strong Microsoft Office Skills
Benefits
- 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.
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
credit risk managementcredit underwritingrisk analysisfinancial analysisloan documentationcollateral documentationdue diligencecredit worthiness assessmentrisk solutions assessmentfinancing solutions structuring
Soft Skills
relationship managementteam collaborationinfluencing skillscoachingmentoringindependent viewpoint developmentpresentation skillsconsensus buildingcommunication skillsleadership