Commercial Associate - Global Commercial Banking - Transformative Healthcare (New York/Boston)

Bank of America•Boston, NY

23h•Onsite

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