Bank of America

Commercial Associate - Global Commercial Bank - Middle Market


PayCompetitive
LocationIndianapolis/Indiana
Employment typeFull-Time

What's your preference?

Apply with job updates
  • Job Description

      Req#: 25028776

      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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

      Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

      Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

      At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

      Job Description:

      Global Commercial Banking is the Middle Market segment of Bank of America – serving public and private companies with annual revenues of $50 million to $2 billion. Commercial Associates are talented junior teammates who will build their business development skills and develop a high level of proficiency in the financial services solutions and capabilities that Bank of America delivers to our Commercial clients.

      This job supports client coverage teams by qualifying prospects, exploring opportunities with existing clients, preparing industry analyses, and developing innovative strategies to help us grow wallet and market share. Key responsibilities include working closely with various banking partners to create client/prospect presentations, providing support throughout the course of the transaction and strengthening client relationships. Job expectations include leveraging data to tell stories and sharing valuable insights from economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions. Successful CAs grow into Relationship Managers or other client-facing associates over ~4-5 years.

      Responsibilities:

      • Supports the analysis of financial statements, market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews

      • Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals

      • Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products

      • Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes

      • Supports the coordination of clients/prospects and partners from product and deal teams (FX & Rates, Investment Banking, International) throughout the course of a transaction

      • Supports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunities

      Required Qualifications:

      • Minimum 3 years of previous business experience

      • Demonstrates initiative/self-motivation

      • Possesses strong interpersonal skills

      • Possesses strong analytical and financial modeling skills

      • Understanding of corporate financial statements

      • Demonstrates strong critical thinking skills

      • Demonstrates the ability to independently make decisions

      Desired Qualifications:

      • Bachelor’s Degree in Accounting, Finance, or related area

      • Formal Commercial Credit Training preferred but not required

      Skills:

      • Financial Analysis

      • Market Analysis

      • Client Management

      • Capital Structure Analysis

      • Negotiating and Influencing

      • Relationship Building

      • Pipeline Management

      • Client Solutions Advisory

      • Referral Identification

      • Data and Trend Analysis

      • Risk Management

      • Business Development

      • Data Visualization

      • Continuous Improvement

      • Project Management

      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.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at accessibility@talentify.io or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report. NYC applicants may request an alternative process or accommodation at aedt@talentify.io or 407-000-0000.