Commercial Credit - Wholesale Credit Admin Associate II/III

Scottsdale, AZ, United States

Commercial Credit - Wholesale Credit Admin Associate II/III

Seattle, Washington;New York, New York; Scottsdale, Arizona; San Francisco, California; Atlanta, Georgia; Dallas, Texas; Boston, Massachusetts; Charlotte, North Carolina; Washington, District of Columbia; Chicago, Illinois; Los Angeles, California; Baltimore, Maryland

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.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.

The Wholesale Credit Administrative group is looking for a Wholesale Credit Admin Assoc (WCAA) to work with the HENFP team supporting the Client Managers and the Credit Product Officers and Underwriters and their respective portfolio of clients.

The Healthcare, Education, Non For Profit (HENFP) team is a team market focusing on providing credit to Institutional Clients nationwide. Our client coverage model and close partnership with other lines of business, such as Global Banking and Markets, Global Wealth and Investments Management, enable our commercial client teams to seamlessly deliver all of the bank’s capabilities as integrated solutions

Responsibilities:

• Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations

• Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other

documents per the terms of the credit agreement or other documentation

• Identifies and resolves data quality issues

• Identifies opportunities to improve operational efficiency

• Understands policy and procedures and ensures compliance

Responsible for supporting the end-to-end credit management process, partnering with Client Managers and Credit Product Officers

Acts as a primary liaison with clients, client teams, credit services, and other business partners

Facilitate the timely collection of client financial information

Proactively focuses on client satisfaction throughout the credit management process

Ensures timely follow-up of loan monitoring activity to facilitate a sound credit portfolio

Responsibilities also include monitoring credit compliance, resolving documentation, collateral, past due exceptions, and ensuring data integrity

Skills:

• Data Collection and Entry

• Record Keeping

• Attention to Detail

• Oral Communications

• Written Communications

• Collaboration

• Customer and Client Focus

• Planning

• Prioritization

Required Skills:

Strong, professional communication skills

Organizational and time management skills

Attention to detail and able to execute in a fast paced environment

Proven self-motivator with the ability to effectively prioritize work

Ability to coordinate with multiple points of contact (internal and external)

Prior loan closing experience or portfolio management & loan servicing experience

Minimum Education Requirement: Bachelors degree preferred

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .