Credit Officer II

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description

The Enterprise Credit group is seeking a Credit Officer to join our Canada team and be based in Calgary or Vancouver.

Assigned as a market or industry level resource, the Credit Officer (CO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated credit capital solutions.

This role serves as Line/Credit approver in conjunction with Risk management based on credit approval grid and drives the internal credit approval process, loan documentation and closing. This role reports to the Commercial Credit Manager (CCM) and will be aligned to 1-3 Credit Underwriters (CU), for whom they will serv as a mentor/coach.

Responsibilities

• Provide expert level guidance and advice to assigned prospects and clients on credit products and capital structure in collaboration with subject matter experts in various different groups including Relationship Management, Investment Banking, Leveraged Finance, etc.
• Underwriting and structuring of complex credit transactions with minimal oversight
• Delivering financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements
• Involvement with monitoring activities/approvals
• Maintaining knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leveraging product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect
• Responsible for reviewing & negotiating loan documentation
• Balancing analysis of clients and prospects and their industries, design and execution of credit solutions, and the active management of asset quality
• Client facing, the CO collaborates with the Client Manager (CM), Treasury Solutions Officer (TSO), and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects

• BS/BA degree
• Post graduate degree preferred (CPA, CFA, MBA, etc.)
• 12+ years of solid experience in financial analysis, structuring, underwriting and portfolio management.
• Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring
• Responsible for reviewing & negotiating loan documentation
• Candidates must have National Accounts Commercial Banking or Corporate Banking credit experience
• Excellent organization skills and ability to prioritize workload from diverse sources
• Able to manage multiple projects simultaneously while meeting associated deadlines
• Ability to clearly and convincingly articulate complex ideas and concepts
• Ability to learn and adapt in a fast-paced, changing environment
• Proficiency in MS PowerPoint, MS Excel and MS Word with experience in presentations writing and client analysis