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Bank Of America Commercial Associate-Global Banking-Healthcare United States, Maryland, Baltimore 385802258
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Job Summary:
The Healthcare, Education & Not For Profit group supports the financial needs of a variety of 501(c) not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional, and social service organizations. Primary responsibilities of the Commercial Associate (CA) are focused on 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 HENFP clients. The CA role is a developmental role for future client-facing associates, specifically Relationship Managers.
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. Job expectations include leveraging data to help tell stories, uncovering valuable insights such as economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.
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
Skills:
Financial Analysis
Financial Modeling
Prospecting
Business Development
Relationship Building
Referral Identification
Critical Thinking
Problem Solving
Risk Management
Market Analysis
Data and Trend Analysis
Data Visualization
Continuous Improvement
Client Management
Project Management
Requirements:
Bachelor’s Degree in Accounting, Finance, or related area (or equivalent experience)
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, Pitchbook, Factset, SalesForce, etc
Preferred:
Completion of Commercial Credit Training Program
Desire to work with Healthcare, Higher Education, and Not for Profit Institutions to develop new business relationships and grow the business with existing clients
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