Credit Support Associate II-Global Markets Credit
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!
Requirements
- 2+ years of experience in institutional banking or Global Markets
- Knowledge of key industry documentation, such as ISDA, MSFTA, Repo Agreements, MRA, and Credit Agreements.
- Ability to review prospectuses and transaction documents to identify risk elements and ensure policy compliance.
- Strong analytical skills with experience managing large datasets using Excel or BI platforms.
- Proficiency in Microsoft Word, Excel, PowerPoint; familiarity with credit and risk systems.
- Ability to navigate and interpret data across multiple platforms to support underwriting and monitoring.
Nice To Haves
- Understanding of trade exposure flows and how transactions impact credit and market risk profiles.
- Knowledge of market risk concepts including interest rate risk, FX exposure, and counterparty risk.
- Experience supporting client onboarding and reviewing prospectuses to identify risk and ensure policy compliance.
- Strong interpersonal and influencing skills.
- Ability to learn quickly, operate independently, and adapt in a fast‑paced environment.
- Hedge fund and asset‑manager
- SPVs and other structured entities
Responsibilities
- Support Credit Officers with underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded product transactions.
- Review credit agreements and related documentation (such as ISDA, MSFTA, Repo Agreements, MRA); extract key terms, covenants, and required deliverables.
- Prepare and/or support interim monitoring documents, including review of financial covenants.
- Maintain and clear system ticklers; source required financial statements, NAV statements, and other client materials.
- Monitor compliance with credit agreements and internal risk policies.
- Coordinate pre and post-closing activities, including due diligence, documentation review, and preparation of approval packages.
- Review client prospectuses and transaction documentation to identify risk objectives and ensure alignment with credit policies.
- Interact with Operations and internal partners to ensure accurate booking and lifecycle management of transactions.
- Identify and resolve data quality issues across multiple risk and credit systems (e.g., hierarchy setup, liquidity classifications, NAICS codes, country of risk).
- Analyze and manage large data sets to identify trends, inconsistencies, and opportunities for process improvements.
- Leverage Microsoft 365 Copilot to improve efficiency in reviewing client documentation and performing analytical tasks.
- Serve as a key liaison between Credit Officers, Operations, and business partners across Global Markets.
Benefits
- Access to paid time off
- Resources and support to our employees
- Discretionary incentive eligible
- Annual discretionary award based on individual performance, business line performance, and company success.
- Industry-leading benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
