Bank of America
Commercial Associate - Global Commercial Banking
This job is now closed
Job Description
- Req#: 24002978
Minimum of 3-5 years of previous business experience
Credit skills/backround preferred
Demonstrates initiative/self-motivation
Possesses strong interpersonal skills
Possesses strong analytical and modeling skills
Possesses understanding of corporate financial statements is a must
Demonstrates strong critical thinking
Demonstrates the ability to independently make decisions
Demonstrates sales aptitude and ability to foster client relationships
Bachelor’s Degree in Accounting, Finance or related area required
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:Participates as an integral member of the core Client Team, working with commercial clients. Develops, participates and/or presents client/client team presentations (economic updates, markets forecasts, industry updates, industry valuations), pitch books and relationship reviews. Participates in the credit approval process in order to gain exposure to Credit products and the decision/approval process. Participates in treasury solutions packaging in order to gain exposure to Treasury products/services and their related approval/support processes. Coordinates with product partners, deal team members and clients throughout the course of a transaction. Delivers financial, industry, and economic analyses and other activities to facilitate decision making with comprehensive and in-depth company and industry research. Responsible for new business analytics to support the client teams, focusing on enhancing existing relationships, and identifying opportunities for up-tiering. Monitors Plus One activities across multiple portfolios in order to identify opportunities for expanding client relationships. Work efforts must be thorough and focused, exhibiting strong oral and written communication skills. Able to work with minimal supervision on assigned tasks, and is able to connect analytical work to the client needs and strategic objectives. Qualifies early in role and develops later in role.
The Commercial Associate’s work efforts must be thorough, focused and organized, exhibiting strong oral and written communication skills. Able to work with minimal supervision on assigned tasks, and is able to connect analytical work to client needs and strategic objectives.
Responsibilities:
• Supports the analysis of 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 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 opportunitiesQualifications:
Minimum Education Requirement:
*Position may be hired as a Commercial Associate I, II, or III dependent upon experience
This job will be open and accepting applications for a minimum of seven days from the date it was posted.
Shift:
1st shift (United States of America)Hours Per Week:
40About 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.