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. 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.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
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Job Description:
This job is responsible for delivering analytical research and developing innovative strategies to support client/prospects' needs. Key responsibilities include working closely with various banking partners to help create client/prospect presentations and providing support throughout the course of the transaction. Job expectations include leveraging data to help tell stories, uncovering valuable insights such as economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.
Global Commercial Banking is the Middle Market segment of Bank of America. It serves public and private companies with annual revenues of $50 million to $2 billion. Commercial Associates will sharpen their business development skills and develop a high level of proficiency in the financial services/products that Bank of America delivers to our Commercial clients.
Responsibilities:
- Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
- Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
- Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products
- Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
- Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
- Supports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunities
Required Qualifications:
- Minimum 3 years of previous business experience
- Demonstrates initiative/self-motivation
- Possesses strong interpersonal skills
- Possesses strong analytical and financial modeling skills
- Understanding of corporate financial statements
- Demonstrates strong critical thinking skills
- Demonstrates the ability to independently make decisions
Desired Qualifications:
- Bachelor's Degree in Accounting, Finance, or related area
- Formal Commercial Credit Training
Skills:
- Relationship Building
- Data Visualization
- Continuous Improvement
- Project Management
- Client Management
- Referral Identification
- Financial Analysis
- Data and Trend Analysis
- Risk Management
- Market Analysis
- Business Development
- Client Solutions Advisory
- Pipeline Management
*Position may be hired as a Commercial Associate I, II, or III depending upon experience
Shift:
1st shift (United States of America)
Hours Per Week:
40