Leasing Credit Sr Officer

New York, New York;Chicago, Illinois; Hunt Valley, Maryland

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.

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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:

Responsible for delivery of integrated credit solutions to US State and Local governmental entities, including public higher education. Partner closely with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client.

This job is responsible for the delivery of integrated credit solutions to US State and Local governmental entities within Banc of America Public Capital Corporation. Key responsibilities include underwriting and negotiating new transactions, partnering with client-facing teammates to consult on sales opportunities, and providing the product expertise to deliver effective client solutions.Partner closely with client-facing teammates to provide the product expertise and consultation necessary to deliver the best possible solution to the client.

Proactively partners with client teams to plan key credit relationship strategy focusing on balance of risk and reward. Directly accountable for managing credit quality and the approval process through interaction with Risk Management Officers.

Responsibilities:

• Pre-screen new transactions for existing and new clients to determine credit worthiness and appropriate credit product solutions.

• Analyzing US State and Local governmental entities’ financial statements.

• Responsible for underwriting credit approval memoranda for mandated transactions, incorporating thorough credit analysis and due diligence.

• Participates in ongoing documentation negotiations as required.

Required Qualifications:

• 10+ years’ experience in commercial banking, finance or credit ratings industries with significant credit experience.

• Experience in the analysis and structuring of complex transactions

• Strong credit and risk analysis skills

• Strong presentation, structuring and financial statement analysis skills

• Proven ability to analyze, interpret and negotiate third party documentation

• Proven ability to identify trends and emerging risks in underwriting and client selection

• Proficient Microsoft Office skills

Desired Qualifications:

• Municipal Lending Experience

• Undergraduate degree in finance, accounting or related field preferred.

Skills:

• Risk Management

• Financial Analysis

• Research Analysis

• Loan Structuring

• Underwriting

• Credit and Risk Assessment

• Issue Management

• Credit Documentation Requirements

• Coaching

• Decision Making

• Analytical Thinking

• Collaboration

• Critical Thinking

• Customer and Client Focus’

• Leasing Structuring

• Public Finance Credit Experience

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - MD - Hunt Valley - 11333 MCCORMICK RD - HUNT VALLEY II (MD5032), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$120,400.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This 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.

Benefits

This 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.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.