Bank of America

Commercial Credit Officer Healthcare, Education, Not for Profit - New York


PayCompetitive
LocationNew York/New York
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 23015436

      Job Description:

      Bank of America's Healthcare Education and Not For Profit (HENFP) banking group is seeking a Commercial Credit Officer. HENFP is part of the Commercial Bank and supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional and social service organizations.

      The Commercial Credit Officer (CCO) is a client facing, highly skilled professional, providing expert level advisory guidance in structuring the most complex, integrated debt capital solutions. The CCO maintains knowledge of other BofAML products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. This role reports to the Commercial Credit Manager and will be aligned to an Underwriting Team that supports the New York and Long Island markets.

      Responsibilities:

      • Perform analysis of clients and prospects
      • Structuring and execution of sophisticated credit solutions, and the active management of asset quality
      • Negotiate and coordinate with clients and other banks on complex syndicated transactions
      • Collaborates with the Relationship Manager (RM), Treasury Solutions Officer (TSO), and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects
      • Serve as Line/Credit approver in conjunction with Risk management based on credit approval grid and drives the internal credit approval process, loan documentation and closing
      • Provides ongoing coaching and support to other Credit team members

      Qualifications:

      • BS/BA degree preferred and 10+ years of solid commercial banking experience
      • Experience in financial analysis, structuring, underwriting and portfolio management
      • Analytical/technical skills, including financial accounting, modeling and loan structuring
      • Outstanding verbal and written communication skills; ability to negotiate and communicate vertically, horizontally, and externally

      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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