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Bank Of America Commercial Associate - Global Banking United States, Illinois, Chicago 377383386
Job Summary:
Primary responsibilities of the Commercial Associate (CA) are focused around working with Relationship Managers and their client teams to help deliver the financial services/products and consultative advice that Bank of America delivers to our Commercial Banking clients.
This job is responsible for delivering analytical research and developing innovative strategies to support client/prospects' needs. Key responsibilities include working closely with various banking partners to help create client/prospect presentations and providing support throughout the course of the transaction.
The CA role is a developmental role for future client-facing associates, specifically RelationshipManagers. Positionmay be hired as a Commercial Associate I, II, or III dependent uponexperience. Thisposition will be located in Chicago, IL.
Responsibilities:
Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products
Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
Supports the delivery of new business analytics and monitors client activities as directed to aid withidentifying/expandingrelationships and maintaining and/or enhancing business opportunities
• Relationship Building
• Data Visualization
• Continuous Improvement
• Project Management
• Client Management
• Referral Identification
• Financial Analysis
• Data and Trend Analysis
• Risk Management
• Market Analysis
• Business Development
• Client Solutions Advisory
• Pipeline Management
Requirements:
Bachelor’s degree in Accounting, Finance, or related field or comparable relevant work experience
Completion of Commercial Credit Training Program preferred
Minimum 3-5 years of previous business experience
Demonstratesinitiative/self-motivation
Possesses strong interpersonal skills
Possesses strong analytical and financial modeling skills
Possesses understanding of corporate financial statements
Demonstrates strong critical thinking
Demonstrates the ability to independently make decisions
Knowledge and proficiency of internal/external programs such as Navigator, GUS, Cape, Pitch book, Fact set, SalesForce, etc
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