Bank Of America Leasing Credit Officer II 

United States, Illinois, Chicago 

774388609

Job Responsibilities:

• The Leasing Credit Officer II (“LCO”) will determine appropriate obligor and facility risk ratings through ongoing review of client financial statements, covenant compliance, monitoring of news articles and other early warning alerts, as well as through interaction with Risk Management Officers, Marketing Officers, SAG Officers, Legal, Equipment Management Officers and Credit Underwriting Officers. When a Bank relationship exists, the LCO is expected to interact effectively with Bank partners. When required, the LCO will contact the client directly.
• The LCO will handle ad-hoc credit-related customer service request for clients, including negotiating waivers and amendments to existing leases or loans.
• The LCO will be required to prepare annual status reviews, quarterly SER reports and other periodic credit reviews. Responsibilities may also include the training and mentoring of more junior associates, as well as ownership of various Leasing processes.
• The LCO must simultaneously manage multiple account demands and priorities while maintaining organization and prioritizing work in order to adhere to deadlines and compliance with credit policy.
• The LCO will identify, anticipate and proactively address potential credit problems early in the process.

Required Qualifications:

• 5+ years experience as a credit officer in the commercial banking, leasing, or finance industry
• Proficient commercial credit or leasing underwriting or portfolio management experience
• Proficient credit and secured equipment finance knowledge
• Experience reviewing and negotiating legal documents.

Desired Qualifications:

• Prior Lease Finance Experience
• Prior experience in High Net Worth Underwriting
• Prior experience in Corporate Aircraft Finance
• Proficient in Moody's CreditLens - Financial Statement Spreading
• BA Degree in Finance, Accounting or related field

Skills:

• Financial Analysis
• Loan Structuring
• Research Analysis
• Risk Management
• Underwriting
• Coaching
• Credit Documentation Requirements
• Credit and Risk Assessment
• Decision Making
• Issue Management
• Account Management
• Analytical Thinking
• Collaboration
• Critical Thinking
• Customer and Client Focus