Credit Analyst managing underwriting and credit activities for commercial clients at Bank of America. Analyzing financial statements and ensuring compliance across a portfolio of subsidiary clients.
Responsibilities
Analyzes financial statements and summarizes existing client's performance via periodic risk profile reviews
Partners with credit and client teams both within Centralized and Regional Credit Lines of Business
Manages risk through accurate financial spreading, risk rating, and covenant test calculations
Expands expertise by reviewing policy and procedure thoroughly and actively participating in continuing education sessions
Collaborates with peers to manage optimal workflow
Identifies and escalates process breakdowns
Independently administer a portfolio of subsidiary clients, facilitating credit solutions tailored to their needs
Prepare, review, and coordinate loan agreements and uncommitted facility letters
Oversee all monitoring and maintenance activities for assigned accounts, ensuring compliance and performance
Serve as a direct liaison with internal teams (including subsidiary banking) and external clients
Drive credit transactions to completion efficiently and within required timelines
Ensure data accuracy, completeness, and timeliness across all key systems and documentation
Complete Trade Operations Datasheets and MOFs; manage auto-extension of Letters of Credit
Strategic contributor to the growth of the Enterprise Credit Subsidiary Lending business
Requirements
Minimum of 3 + yrs loan closing experience or portfolio management & loan servicing experience within corporate banking
Bachelor’s degree or equivalent and/or track record of relevant experience
Proven background in Credit or Operations, with knowledge of Corporate Banking products and services
Experience interpreting loan agreements and related financial documentation
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