• Job Description

  Req#: 24022479

  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:
  Applies knowledge and expertise of risk/regulatory programs, industry practices, and the business unit to one or more functions within the business group. Independently conducts assigned responsibilities within the context of the business unit enterprise-wide regulatory/operational risk program.

  The Community Development Financial Institution (CDFI) Specialist is a member of the CDFI Lending & Investing team, whose mission is to expand access to capital to finance affordable housing, small businesses and organizations providing health care, education, and social services in lower income neighborhoods and to historically underserved communities across the US.

  Responsibilities:

  • Support Relationship Managers in client marketing, client meetings and transaction proposals
  • Financial analysis, loan/investment underwriting and transaction recommendations
  • Portfolio management, including team presentations of client and credit trends
  • Industry research

  Skills and Qualifications:

  • Bachelor’s degree or equivalent/ relevant working experience
  • Minimum of 1 year experience in the field or related industry, such as financial analysis, loan/investment underwriting and portfolio management
  • Analytical Thinking
  • Business Analytics
  • Interpret Relevant Laws, Rules, and Regulations
  • Risk Management
  • Data and Trend Analysis
  • Process Management
  • Project Management
  • Reporting
  • Written Communications
  • Collaboration
  • Data Governance
  • Issue Management
  • Market Analysis
  • Policies, Procedures, and Guidelines

  Desired Qualification:

  • Bachelor’s degree in Economics, Accounting or Finance
  • 2 years of experience in the field or related industry, such as financial analysis, loan/investment underwriting and portfolio management
  • Successful completion of Bank of America MAP program

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

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