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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
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Job Description:
This job is responsible for assisting in the delivery of integrated credit solutions to clients as well as on-going portfolio management. Job expectations include providing on-going monitoring of client portfolios, ensuring accurate and timely analysis of financial statements, assignment of risk ratings, and required client reviews. Support the end-to-end credit management process for the Leasing portfolio, partnering with Credit Underwriters and Portfolio Management officers to provide on-going monitoring of Leasing portfolios. Ensure adherence to Credit Policy, process, procedures and regulatory guidelines. Focus on compliance with Credit monitoring metrics.
Responsibilities:
- Data verification of new deals on source systems
- Monitoring credit compliance and past-due exceptions; ensuring data integrity; and sourcing of financial statements and covenant compliance certificates
- Proactively ensures timely follow-up of credit monitoring activities to facilitate a sound credit portfolio
Required Qualifications:
- 1+ years' experience within the finance/banking industry
- Computer proficiency including Excel, Word, Outlook and other applications
- Ability to accomplish objectives in a specified timeframe
- Exhibit professional maturity
- Works effectively, both as a team member and independently
Desired Qualifications:
- Undergraduate and or business degree
Skills:
- Adaptability
- Attention to Detail
- Data Collection and Entry
- Prioritization
- Recording/Organizing Information
- Analytical Thinking
- Critical Thinking
- Issue Management
- Oral Communications
- Problem Solving
- Collaboration
- Credit and Risk Assessment
- Decision Making
- Innovative Thinking
- Written Communications
- Multitasking
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - RI - Providence - 1 Financial Plaza (RI1537)
Pay and benefits information
Pay range
$65,900.00 - $98,800.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. 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.
Benefits
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.