Commercial Associate - Global Commercial Banking - Transformative Healthcare (New York/Boston)
About The Position
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impacting the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! The Bank of America Transformative Healthcare Group is seeking a Commercial Associate to join our team. The Transformative Healthcare Group focuses on the middle‑market healthcare industry, providing traditional banking, capital raising, and advisory services to public and private healthcare companies with annual revenues generally ranging from $50 million to $2 billion. This group is a specialized team within the Global Commercial Bank. The Transformative Healthcare Group maintains a leadership position within the industry, manages numerous syndicated and capital markets‑agented transactions, and works closely with Global Investment Banking. The team brings deep industry expertise and a comprehensive suite of solutions to support the complex financial needs of healthcare services and life sciences companies. Our client relationship teammates, located in the U.S. and around the globe, partner across our company to provide a wide range of financial services, integrated working capital management and treasury solutions, and underwriting and advisory services. Commercial Associates will develop foundational skills in financial analysis, client relationship support, and commercial banking operations that Bank of America delivers to our Commercial Banking clients.
Requirements
- Minimum of two years of professional or business experience
- Applies analytical thinking and financial modeling skills
- Demonstrates strong critical thinking and the ability to work independently
- Displays excellent written and verbal communication skills
- Possesses proficiency in Microsoft Office (Excel, PowerPoint, Word, Outlook)
- Maintains strong attention to detail and organizational skills
- Has strong interpersonal skills with the ability to work collaboratively in a team environment
- Understands and interprets corporate financial statements
Nice To Haves
- Previously held an internship or entry-level role in financial services
- Bachelor’s degree in accounting, finance or related field
- Continuous Improvement
- Data Visualization
- Relationship Building
- Client Management
- Data and Trend Analysis
- Financial Analysis
- Project Management
- Referral Identification
- Business Development
- Client Solutions Advisory
- Market Analysis
- Pipeline Management
- Risk Management
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 team members across the bank to help prepare client presentations and support client deals
- Observes and supports the credit approval and treasury solutions processes to build knowledge of products, services, and related approval and packaging requirements
- 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, monitors client activities, and performs portfolio optimization to identify and expand client relationships while maintaining and enhancing business opportunities
- Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
- Observes with domestic and international teammates including Investment Banking, Foreign Exchange, and Wealth Management, and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services to design and deliver financial solutions
Benefits
- Access to paid time off
- Resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
