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Bank Of America Assistant Vice President/ President Credit Support 
India, Maharashtra, Vasai-Virar 
490492408

09.08.2024

Job Description:

The Team

  • ECA team is based in APAC, EMEA and US
  • Multicultural with multiple nationalities represented.
  • Supportive and nurturing environment, employee satisfaction is a top priority.
  • APAC team of 15 is part of a global team of over 100 people – role will provide opportunities to connect with global team members.
  • Prescribed and on the job training plus opportunities to further banking knowledge for career development.
  • Striving for operating consistency and efficiency are key goals of all.

Job Description:

  • ECA is a front-line unit and part of Global Banking & Markets (GBAM)
  • Support GBAM credit risk underwriters
  • Ownership and autonomy over a portfolio of Corporate/FI clients from a credit administration perspective
  • Ownership of key metric deliverables related to credit facilities and data quality
  • Responsibility for delivering to deadlines.
  • Work closely with credit and operational business partners.
  • Learn about clients, industries, and risk management.
  • Help simplify and improve our processes.
  • Opportunity to grow.
  • Great place to work.

Responsibilities:

  • Support and assist Credit Officers on daily basis in the management of their portfolios, including the review of global credit facilities.
  • Creation of credit approval documents for new, renewed and amended loan, trading and GTS facilities, and the processing of these through the bank systems of record.
  • Review approved credit approval documents to ensure compliance with bank policy and procedures.
  • Identify and resolve facility data discrepancies.
  • Respond to enquiries from credit officers and other business partners. Investigate and resolve incoming queries relating to the portfolio.
  • Monitor and resolve facility document exceptions.
  • Create, maintain, and monitor credit and financial events and manage exceptions.
  • Maintain accurate document records.
  • Help simplify and improve our processes.
  • Develop and participate in strategic initiatives for efficiency opportunities with senior-level management across the organization and team members.
  • Review procedures and technology for efficiencies.

Competencies we look for:

  • Strong communication skills, both written/oral, ability to communicate effectively across various lines of business and levels.
  • Demonstrate decision-making, analytical, technical, and leadership skills.
  • Ability to adapt to a changing environment and responsibilities.
  • Quickly learns and understand processes, systems, and products.
  • Functions under pressure to meet deadlines, proficient at multi-tasking and managing competing priorities.
  • Ability to escalate when needed.
  • Can independently analyse complex issues, identify, and execute practical solutions.
  • Proactively shares information/ideas and consistently identifies best practices.
  • Ability to work as part of a diverse team and display reliability, flexibility, and open/ constructive communication in a courteous and professional manner.
  • Can influence others and build relationships.
  • Aptitude to take on additional ad hoc initiatives outside of normal day to day activities.

Skills we look for:

  • University graduate or equivalent and/or track record of relevant experience.
  • Institutional banking experience. Knowledge of credit products an added advantage.
  • PC literate and systems oriented with proficiency in all Microsoft applications.