Community Lending Officer - Frankford Midway jobs at Bank Of America in United States, Dallas

This job is responsible for managing the end-to-end consumer mortgage referral requests primarily for Low to Moderate Income (LMI) clients in underserved markets. Key responsibilities include connecting with internal and external centers of influence (i.e. financial center partners, realtors, etc.) to originate mortgage transactions, identifying relationship deepening opportunities with clients, and facilitating the loan process from application to close. Job expectations include providing home buyer education via workshops and contacting with clients and partners virtually or in-person.
This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities:

• Originates loans from multiple internal and external referral sources
• Understands the local Affordable Housing Market, Housing Assistance Programs, and experience, providing thoughtful lending solutions and guidance to Low to Moderate Income and First Time Homebuyers
• Achieves production goals as defined by the business
• Maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunities
• Provides exceptional customer service including maintaining thorough knowledge of lending programs, policies, procedures, and regulatory requirements
• Conducts monthly Home Buyer Workshops and Business Development meetings

Skills:

• Client Management
• Customer and Client Focus
• Loan Structuring
• Oral Communications
• Referral Management
• Credit Documentation Requirements
• Learning Delivery
• Presentation Skills
• Prospecting
• Written Communications
• Active Listening
• Business Development
• Credit and Risk Assessment
• Data Collection and Entry
• Pipeline Management

High School Diploma / GED / Secondary School or equivalent

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.

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 Treasury
• Exercises 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 actions
• Acts 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 portfolio
• Leads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partners
• Negotiates and structures legal documentation related to loans and derivatives
• Establishes appropriate internal risk ratings for clients and implements accurate adjustments throughout the client's credit life cycle
• Trains, coaches, and mentors Credit Analysts and Associates

Required Qualifications:

• 7+ years’ of experience in asset based and/or commercial lending
• Experience in monitoring the credit health of asset based or commercial lending clients.
• Strong knowledge and comprehension of loan and collateral documentation
• Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers
• Confidence and ability to develop an independent viewpoint and present a business case to support conclusions
• Excellent relationship management skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus
• Coaching and mentoring skills
• Strong Microsoft Office Skills

Desired Qualifications:

• Bachelor's Degree in Accounting and/or Finance
• 10+ years’ of experience in asset based and/or commercial lending

Skills:

• Analytical Thinking
• Credit and Risk Assessment
• Financial Analysis
• Loan Structuring
• Underwriting
• Attention to Detail
• Business Acumen
• Financial Forecasting and Modeling
• Research Analysis
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis

This job is responsible for serving as the primary credit relationship contact and maintaining ongoing relationships with credit clients. Key responsibilities include working with clients to design and execute credit solutions, leading new credit originations in collaboration with client management, credit risk, and syndications, and advising the Commercial Real Estate Banking portfolio group on any post closing credit actions as needed. Job expectations may include driving operational excellence and influencing leaders, peers, and client.

Responsibilities:

• Manages the underwriting of secured and unsecured transactions to Commercial Real Estate clients, including real estate secured construction and term debt, tax credit equity investments, unsecured corporate revolvers, bridge financing, commercial agency warehouse lines, and subscription lines
• Oversees the requisite due diligence once a credit opportunity is mandated, preparing the approval request documents, receiving final loan approval on a timely basis, and participating in the loan closing process
• Leads new credit originations and structures loans in collaboration with the relationship coverage team, products partners, Risk, Syndications, and Treasury
• Manages the end-to-end process for loan modifications and extensions on existing loans including structuring, due diligence, gaining approval, and closing
• Assists and advises the Commercial Real Estate Banking portfolio group on any post closing actions, as needed

Required Qualifications:

• 10+ years of Commercial Credit related experience
• Must have Commercial Real Estate Credit Experience
• Working knowledge of CRE loan documents

Desired Qualifications:

• 10+ years of experience in Commercial Real Estate Underwriting
• Experienced with client negotiation, legal document negotiation, loan closings
• Bachelor's Degree

Skills:

• Credit and Risk Assessment
• Customer and Client Focus
• Loan Structuring
• Oral Communications
• Written Communications
• Analytical Thinking
• Legal Structures and Legal Forms
• Presentation Skills
• Prioritization
• Relationship Building
• Attention to Detail
• Collaboration
• Strategic Thinking
• Underwriting

Job Responsibilities:

Key responsibilities include actively managing and pursuing treasury revenue streams along with increasing product penetration across an assigned complex portfolio; and partnering closely with client-facing teammates to consult on sales opportunities; as well as providing product expertise to deliver the best possible solution that meets the objectives of the client/prospect.

• Drives responsible revenue and balance sheet growth, profitability improvement, client calling and planning, portfolio development, pricing strategy, proposal responses, and leading client facing treasury presentations

• Partners with bankers and product specialists across the enterprise to develop customized treasury solutions by identifying solutions based on client-focused cost/benefit analysis and bank-focused profitability analysis

• In partnership with Private Bank, leads pricing and negotiation discussions with the client for treasury management products to optimize relationship profitability and YoY growth

• Fosters digital adoption by driving mobile, and digital and real time payments adoption and manages strategic dialogues around key client centric issues — leveraging best practices, peer benchmarking, industry data analytics and solutioning positioning

• Leads, coaches and develops Treasury Sales Analysts (TSA) and more junior Treasury Sales Officers (TSO) and Treasury Sales Client Officers (TSCO) in day-to-day support of client deliverables

• Maintains a strong client focus, treasury industry expertise, client subsector expertise and broad understanding of bank structure

Job requirements:

• Minimum 10+ years of Treasury/Cash Management Sales

• Bachelor’s degree or equivalent work experience

• Strong knowledge of treasury management products and services

• Proven ability to foster strong partnerships within the core team and the ability to build sincere rapport with client contacts

• Experience selling to Private Bank clients is a plus

• Excellent verbal/ written communication and presentation skills

• Proven negotiation and active listening skills

• Excellent critical/strategic thinking and problem resolution skills

• Successfully demonstrates creative thinking while adhering to guidelines

• Proactively engages all internal partners for sales opportunities

• Effectively manages risk while balancing the needs of the client, the team, and the bank

• Strong business/financial acumen

• Successfully maneuvers throughout the enterprise

• Able to effectively work as an individual contributor as well as a close team member in a fast- paced environment

• Intellectually curious and motivated to continuously improve processes

Job Description:

Job Description:

The Portfolio Management Officer (“PMO”) will be responsible for underwriting new credit requests and monitoring credit exposure for existing Bank of America Business Capital (“BABC”) clients. BABC provides asset-based loans to clients in the Global Commercial Bank and Global Corporate and Investment Bank, partnering closely with the relationship management teams, product partners and capital markets teams. Facilities range from twenty million to over three billion in size and are typically secured with a first lien on all assets.

The PMO will be expected to monitor financial trends to proactively identify macro issues and opportunities within industries. They should deliver clear and concise analysis to facilitate decision making, while also ensuring adherence to BofA’s internal credit policies, guidelines and applicable regulatory requirements. Over time, they would have the opportunity to transition into a senior role, managing a portfolio of BABC clients.

Job Responsibilities:

• Financial Statement Analysis
• Collateral Analysis
• Preparation of credit approval write-ups
• Preparation of term sheets and client presentations

Required Qualifications:

• 2+ yrs experience in Asset Based Lending, Commercial or Corporate credit or relationship management, leveraged finance, loan syndications, orrestructuring/workout
• Strong credit, financial analysis and modeling skills
• Proficient in Word, Excel, and PowerPoint

Desired Qualifications:

• Bachelor's degree in Accounting and/or Finance
• Completion of a formal bank credit training program

Skills:

• Analytical Thinking
• Attention to Detail
• Collaboration
• Credit Documentation Requirements
• Underwriting
• Collateral Management
• Decision Making
• Financial Analysis
• Prioritization
• Problem Solving
• Business Acumen
• Loan Structuring
• Negotiation
• Portfolio Management

Prospecting & Lead Generation:

• Identify potential commercial clients through market research, industry networks, referrals, and events.

• Develop and execute a strategic prospecting plan to build and maintain a robust pipeline of new business opportunities.

Client Acquisition:

• Initiate contact and engage with decision-makers, presenting tailored banking solutions that meet client needs.

• Conduct thorough needs assessments and deliver compelling proposals to secure new client relationships.

• Stay ahead of market needs by providing insights on market trends and tailored financial strategies

Market Expertise:

• Stay informed about market trends, competitor offerings, and industry developments to position the bank as a leader in commercial banking.

• Leverage market intelligence to identify untapped opportunities and optimize outreach strategies.

Relationship Building:

• Collaborate with internal teams (RMs, Treasury, Payments, Product, Credit, etc.) to deliver seamless onboarding experiences for new clients.

• Represent the bank at community and industry events, enhancing brand visibility and credibility.

• Monitor client satisfaction and resolve issues promptly, ensuring long-term loyalty.

Performance Metrics:

• Achieve and exceed monthly, quarterly, and annual new business development goals through robust scorecard measurement.

• Maintain accurate and up-to-date records of prospecting activity, pipeline status, and closed deals in CRM tools.

Qualifications & Skills:

• Bachelor’s degree in Business, Finance, or a related field (preferred)

• 5+ years of proven success in a corporate/commercial banking environment or similar sales role, with a focus on new client acquisition

• Strong understanding of commercial banking products and services, including credit, treasury, and cash management

• Proficient in CRM platforms and prospecting tools

• Exceptional communication, negotiation, and presentation skills

• Entrepreneurial and driven to achieve ambitious goals

• Ability to build trust and credibility with clients and internal stakeholders

Other Requirements:

• Willingness to travel as required for prospect meetings and industry events

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the .

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Job Description:

Job Description:

The Commercial Credit Officer (CCO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions for commercial banking clients.Products include lines of credit, term loans, real estate loans, and syndicated loans.The CO manages all of the ancillary credit exposure to clients. The CO maintains knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. This role reports to the Commercial Credit Manager or Executive and will be aligned to an Underwriting Team that supports the market.

Responsibilities:

• Manages the credit process for a portfolio of clients

• Negotiates credit documentation

• Leads the credit and risk approval processes

• Builds relationships with existing and prospective clients

• Mentors and supports associates

• Provides capital structure solutions

Skills:

• Client Solutions Advisory

• Financial Analysis

• Loan Structuring

• Risk Management

• Underwriting

• Account Management

• Credit Documentation Requirements

• Credit and Risk Assessment
• Decision Making
• Issue Management
• Analytical Thinking
• Coaching
• Collaboration
• Critical Thinking
• Customer and Client Focus

Required Qualifications:

• 10+ years of solid Commercial Banking experience

• Experience in financial analysis, structuring, underwriting and portfolio management

• Analytical/technical skills, including financial accounting, modeling and loan structuring

• Strong communication skills; ability to communicate vertically, horizontally, and externally

• Industry knowledge across multiple sectors

Minimum Education Requirement:BA/BS Degree Desired