Enterprise Credit Treasury Lending Analyst
Company: Disability Solutions
Location: Norfolk
Posted on: October 5, 2024
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Job Description:
Job Description:At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day. One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being. Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization. Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Job Description:This job is responsible for
analyzing, underwriting, and approving credit solutions for new and
existing commercial and small business clients. Key
responsibilities include exercising approval authority using
discretion that is in line with business (or product) guidelines
and risk tolerance and negotiating with the client team on credit
terms, performing full underwriting analysis, and preparing deal
justification. Job expectations include serving as the point of
contact for driving commercial and small business credit solutions
for the client.The Enterprise Credit Treasury Lending team (ECTL)
is responsible for underwriting Treasury and Card facilities for
Treasury/Card only clients in Middle Market, Business Banking,
HENFP, HTSR, CREB, DFS, and GWIM. The ECTL Analyst (Analyst) is
responsible for tasks related to the commercial treasury credit
process. The Analyst role is the first point of engagement for the
client team for new and increase treasury credit requests and is
responsible for ensuring timely and consistent execution of the
commercial credit process for new/increase requests and renewals.
Responsibilities include initial new/increase request review,
determining if the request is appropriate for handling by ECTL,
confirmation that appropriate financial statements have been
submitted for a request, entering new, increase, and renewals into
Credit Center or GUS underwriting platforms, assigning deals to
Approval Officers, handling a queue of renewals ensuring that all
documentation is in place for assignment to an Approval Officer,
engaging with the client team on new/increase requests, responding
to inquiries via the ECTL team mailbox, , and other items related
to the end to end credit process.Responsibilities:--- Analyzes,
underwrites, and approves credit solutions for existing and new
clients and approves credit requests in accordance with the
applicable credit approval grid--- Conducts analysis including
financial spreads, risk rating scorecards, industry assessment, and
cash flow--- Ensures underwriting complies with bank credit policy
and procedures--- Partners with client facing and internal
colleagues to structure transactions and align on the best solution
for the client--- Ensures data quality of credit related client and
deal informationRequired Skills:--- Three years experience in the
financial services industry, specifically related to commercial
banking--- Ability to review financial statements to determine
audit quality and relation to borrower--- Strong, professional
communication skills and client team presence--- Organizational and
time management skills--- Exceptional sense of urgency--- Delivery
of world class client experience; customer service focus---
Attention to detail and able to execute in a fast paced
environment--- Responsive to client team needs--- Proven
self-motivator with the ability to effectively prioritize work---
Ability to coordinate with multiple points of contact (internal and
external)Desired Skills:--- BA/BS degree; Business degree
preferred--- Project management experience--- Prior credit
administration experience (or similar)--- Understanding of
commercial credit--- Proficiency in technology, including Microsoft
applicationsSkills:--- Credit and Risk Assessment--- Financial
Analysis--- Credit Documentation Requirements--- Underwriting---
Customer and Client Focus--- Recording/Organizing Information---
Collateral Management--- Attention to Detail--- Business Acumen---
Decision Making--- Collaboration--- Data Management--- Oral
Communications--- Prioritization--- Written CommunicationsMinimum
Education Requirement:High School Diploma / GED / Secondary School
or equivalent Shift:1st shift (United States of America)Hours Per
Week: 40Pay Transparency detailsUS - NY - Elma - 611 Jamison Rd -
(NY7507), US - RI - Providence - 1 Financial Plaza (RI1537)Pay and
benefits informationPay range$69,100.00 - $107,000.00 annualized
salary, offers to be determined based on experience, education and
skill set.Discretionary incentive eligibleThis role is eligible to
participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company.BenefitsThis role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Disability Solutions, Hampton , Enterprise Credit Treasury Lending Analyst, Professions , Norfolk, Virginia
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