Bank Of America Team Developer 

United States, North Carolina, Charlotte 

452934920

Process Overview

The team supports the Small Business Spreading client segment. The process involves financial due diligence by analyzing and reclassifying financial statements of new and existing Lines of Credit & Term Loan for corporate borrowers in accordance with the bank’s credit risk policy for determining the borrower credit worthiness & debt service capacity. The process requires retrieval of financial statements/other related credit documents from the Bank’s document storage system and conduct enhanced due diligence for loan decisioning.

Responsibilities

• Ensure high level of compliance with key performance indicators – quality and timeliness for the process, among others
• Ensure timely follow up & closure identified issues with the Line Of Business (LOB) partners
• Working with various stakeholders to understand and resolve queries, escalations, and process enhancements
• Identify continuous improvement opportunities within the process to drive operational efficiencies
• Assist in creation of MIS reports and tracking various KPIs & KRIs of the team
• Monitor and track the quality metrics and work towards continuous improvement, standardization, optimization

Requirements

• Education - Graduation (Commerce)/ Post Graduation/ MBA in Finance

• Certifications, If Any - Commercial Lending, Financial Analysis & Report Writing

• Experience Range - 3 to 5 years of work experience

Foundational skills

• Strong analytical and numerical abilities
• Good oral/written communication skills
• Strong knowledge and understanding of financial statements
• Knowledge of accounting standards (US GAAP)

Desired skills

• Knowledge of IFRS/GAAP accounting standards
• Working knowledge of MS Power Point and Excel
• Demonstrate ability to work in a high-pressure environment
• Takes initiative and challenges existing processes and procedures in a proactive manner
• Strong team player
• Ability to analyze issues independently and derive solutions

Work Timings

• 7:30 AM - 2:30 AM: Rotational

Mumbai