Financial Analysis & Monitoring (FAM) Specialist

Job Description:

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.

• Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviews
• Also responsible for preparation of IFARs and FARs as assigned. Provides additional credit support to underwriting teams as requested
• Responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio
• Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns, to ensure the timely follow-up of loan monitoring activities and annual exposure reviews

• Attention to Detail
• Financial Accounting
• Financial Analysis
• Oral Communications
• Prioritization
• Problem Solving
• Written Communications
• Analytical Thinking
• Collaboration
• Critical Thinking
• Data Management
• Underwriting

• Strong Written and Verbal Communication skills
• Well organized and able to work independently, manage multiple assignments, and meet deadlines
• Strong Leadership and Teamwork and ability to work with others
• PC Proficiency including Excel, Word, Outlook and other applications

• Bachelor's Degree in Business Administration, Finance, Accounting, or Economics
• 2 to 3 years of Commercial or Private Banking Underwriting, credit analysis or equivalent
• Working knowledge of financial balance sheets