Commercial Associate – Global Commercial Banking – Middle Market Banking (New York)

Bank of AmericaNew York, NY
$85,000 - $125,000Onsite

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 impact 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 Middle Market segment is seeking a Commercial Associate to join our Metro, NY team. The Global Commercial Bank serves public and private companies with annual revenues of $50 million to $2 billion, primarily in the U.S. and Canada, as well as their international subsidiaries. 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

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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