Credit Officer - Global Corporate & Investment Banking - General Industries - Bank of America : Job Details

Join to apply for the Credit Officer - Global Corporate & Investment Banking - General Industries role at Bank of AmericaJoin to apply for the Credit Officer - Global Corporate & Investment Banking - General Industries role at Bank of AmericaGet AI-powered advice on this job and more exclusive features.This range is provided by Bank of America. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.Base pay range $120,400.00/yr - $258,700.00/yrJob 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.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description: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.Credit Officers manage a portfolio of large corporate clients and are responsible for structuring, underwriting, negotiating and monitoring financing solutions for their clients associated with syndicated loans, M&A bridge financings, hedging, leasing, and treasury management products. The Global Corporate & Investment Banking Industrials portfolio consists of US multinational companies in sectors such as Aerospace & Defense, Airlines, Automotive, Building Products, Chemicals, Construction & Engineering, Commercial Services, Machinery, Packaging and Transportation in addition to diversified conglomerates. Credits in the portfolio are principally underwritten on a cash flow basis with a mix of investment grade and non-investment grade transactions.Responsibilities:Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and TreasuryExercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actionsActs as a senior coverage team resource supporting ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses while identifying opportunities to responsibly growing the loan portfolioLeads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partnersNegotiates and structures legal documentation related to loans and derivativesEstablishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client's credit life cycleTrains, coaches, and mentors Credit Analysts and AssociatesInterfaces with internal control partners and external regulatorsRequired Qualifications :6+ years' experience in commercial and/or corporate banking creditRobust understanding of corporate finance and accounting conceptsMust have strong negotiating and presentation skillsMust have proficient Microsoft Suite skillsMust have the ability to work with multiple business partners and display excellent relationship management skillsDesired Qualifications :BA Degree with concentration in Finance, Accounting or EconomicsSkills:Analytical ThinkingCredit and Risk AssessmentFinancial AnalysisLoan StructuringUnderwritingAttention to DetailBusiness AcumenFinancial Forecasting and ModelingResearch AnalysisWritten CommunicationsBusiness DevelopmentCollaborationCritical ThinkingPortfolio AnalysisStakeholder ManagementShift:1st shift (United States of America)Hours Per Week:40Seniority level Seniority level Mid-Senior levelEmployment type Employment type Full-timeJob function Job function Finance and SalesIndustries BankingReferrals increase your chances of interviewing at Bank of America by 2xGet notified about new Credit Officer jobs in New York, NY .Englewood Cliffs, NJ $60,000 - $70,000 1 week agoInvestment Banking Analyst/Associate | Equity-Linked Capital Markets New York, NY $110,000 - $225,000 1 week agoInvestment Banking Analyst, Equity Capital Markets New York City Metropolitan Area $110,000 - $125,000 2 weeks agoNew York, NY $120,000 - $135,000 1 week agoNew York City Metropolitan Area 2 weeks agoNew York, NY$130,000.00-$160,000.003 weeks agoInvestment Banking Analyst (ILS Focused) New York, NY$90,000.00-$100,000.001 day agoGlobal Banking & Markets, Counterparty Risk, Analyst - New York New York, NY$125,000.00-$175,000.004 weeks agoNew York, NY$50,000.00-$115,000.004 weeks agoNew York City Metropolitan Area$70,000.00-$100,000.004 days agoEmerging Markets Equity Analyst - New York New York, NY$95,000.00-$125,000.001 week agoInvestment Banking Analyst/Associate | Private Capital Advisory (GP, Real Assets) New York, NY$125,000.00-$200,000.002 weeks agoNew York, NY$143,000.00-$185,000.001 day agoNew York, NY$95,000.00-$105,000.004 weeks agoInvestment & Corporate Banking – Leveraged Finance, Analyst New York, NY$110,000.00-$130,000.002 weeks agoJersey City, NJ$55,000.00-$80,000.002 weeks agoInvestment Banking Analyst, Private Capital Markets (Equity) New York, NY$110,000.00-$125,000.001 week agoNew York City Metropolitan Area $70,000 - $90,000 2 weeks agoNew York, NY $100,000 - $140,000 1 week agoCredit/Loan Trading Trade Support Analyst New York, NY $120,000 - $145,000 1 week agoNew York City Metropolitan Area 3 weeks agoNew York, NY $164,390 - $193,400 1 week agoWe're unlocking community knowledge in a new way. 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