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Bank Of America Wholesale Credit Admin Associate II/III - Global Markets United States, New York, New York 3184710
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Job Description:
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.
Handles more complex opportunities and takes a greater leadership role in supporting the clients' needs. Provides coaching to less experienced associates when dealing with day-to-day support activities. Employees that achieve success in this role often demonstrate the following attributes: attention to detail, self-motivation and learning agility.
Responsibilities:
Coordinates pre and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations
Responsible for monitoring requirements by creating / 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
Leads or participates in special projects
Coach and develop junior associate
This role can be filled as Wholesale Credit Admin Associate II or III.
Required Skills:
- Data Collection and Entry
- Record Keeping
- Attention to Detail
- Oral Communications
- Written Communications
- Collaboration
- Customer and Client Focus
- Planning
- Prioritization
- Credit Guidelines & Lending Procedures
- Portfolio monitoring
- Underwriting systems
- Credit Documentation verification
- Commercial Lending & Commercial Products
- Time Management
- Organization
- Collaborating
- Influencing
Desired Skills:
- College graduate or equivalent and/or track record of relevant experience
- Institutional banking experience and knowledge of lending products
- Good communication skills, both written and oral - ability to be concise and with attention to accuracy and detail; ability to influence business partners and stakeholders
- Good interpersonal skills and team player with a proactive attitude and ability to think independently and laterally
- Able to quickly absorb and follow credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.
- Strong work organizational skills with an ability to work under pressure to ensure commitment deadlines are met. Ability and willingness to work as part of a team is essential
- Strong technical skills including Word, Excel, PowerPoint
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