Commercial Credit Officer II- Healthcare, Education, and Not for Profit

Bank of America • Washington, DC

1d • Onsite

About The Position

At Bank of America, the common purpose is to help make financial lives better through the power of every connection, driving Responsible Growth and delivering for clients, teammates, communities, and shareholders. Being a Great Place to Work is central to Responsible Growth, encompassing an inclusive workplace, talent development, support for teammates’ physical, emotional, and financial wellness, performance recognition, and community impact. Bank of America is committed to an in-office culture with specific attendance requirements, allowing for appropriate flexibility based on role-specific considerations. This job is responsible for managing clients and related credit products, partnering closely with relationship management, sales/trading, treasury management, operations, and risk teams to support client relationships. Key responsibilities include underwriting, monitoring, managing operational needs, and/or client requests. Job expectations include credit-focused client management responsibilities, independent thought leadership, strong leadership skills, the ability to provide feedback to less experienced teammates, and potentially managing a team. Bank of America's Healthcare Education and Not For Profit (HENFP) banking group is seeking a Credit Officer II. HENFP, part of the Commercial Bank, supports the financial needs of various 501c3 not-for-profit clients, including healthcare, private universities, colleges, K-12 schools, cultural, professional, and social service organizations. The Credit Officer II (CO II) is a highly skilled resource, providing expert-level advisory guidance in complex, integrated debt capital solutions for commercial banking clients. Products include lines of credit, term loans, real estate loans, and syndicated loans. The CO II manages all ancillary credit exposure to clients and maintains knowledge of other BofA products, such as Investment Banking and Treasury Management, that have credit exposure, leveraging product expertise to deliver optimal strategic solutions for clients or prospects.

Requirements

• 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
• Strong communication skills; ability to communicate vertically, horizontally, and externally
• Industry knowledge across multiple sectors
• BA/BS Degree
• Client Solutions Advisory
• Customer and Client Focus
• Capital Structure Consultant
• Account Management
• Decision Making
• Issue Management
• Coaching
• Collaboration
• Critical Thinking

Responsibilities

• Provides capital structure solutions
• Builds relationships with existing and prospective clients
• Manages the credit process for a portfolio of clients
• Negotiates credit documentation
• Leads the credit and risk approval processes
• Mentors and supports associates

Benefits

• Industry-leading benefits
• Access to paid time off
• Annual discretionary award based on 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees