Credit Support Associate II/III- Global Markets Credit

Bank of America • New York, NY

7d • $30 - $50 • Onsite

About The Position

Support Credit Officers in underwriting, monitoring, and managing credit portfolios. Serve as a key liaison between credit teams, operations, and Global Market business partners. Handle complex transactions and provide support to other associates to mitigate risks. This role can be filled as a II or III at the manager's discretion.

Requirements

• Experience in institutional banking and Global Markets (2-5 years)
• Knowledge of trading documentation and agreements (ISDA, MSFTA, Repo, etc.)
• Understanding new business, including reviewing prospectuses and documentation to identify risk objectives and ensure compliance with internal policies
• Ability to manage and analyze large data sets, using tools like Excel or BI platforms to identify trends, inconsistencies, and opportunities for process improvement.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint)
• Familiarity with credit and risk systems, and ability to navigate data across multiple platforms to support underwriting and monitoring activities
• Strong attention to detail and organizational skills
• Effective written and verbal communication
• Ability to prioritize and manage time effectively
• Collaborative mindset with customer focus
• High School Diploma / GED / Secondary School or equivalent

Nice To Haves

• Understanding of trade exposure flows, including how transactions impact credit and market risk profiles
• Knowledge of market risk concepts, such as interest rate risk, FX exposure, and counterparty risk, with ability to assess their relevance to client portfolios
• Strong interpersonal and influencing skills
• Ability to learn quickly and work independently
• Copilot prompting to build efficiencies in reviewing client documentation
• Bachelor’s degree or equivalent experience

Responsibilities

• Manage end-to-end credit processes including underwriting, monitoring, and documentation
• Coordinate pre- and post-closing activities, including due diligence and approval documentation
• Support client onboarding by reviewing client prospectuses to identify risk objectives and ensure alignment with credit policies
• Monitor compliance with credit agreements; maintain ticklers and collect financials
• Identify and resolve data quality issues; suggest process improvements
• Ensure adherence to policies and procedures
• Lead or contribute to special projects
• Coach and support other team members

Benefits

• Access to paid time off
• Resources and support to our employees
• Discretionary incentive eligible
• Annual discretionary award based on individual performance, line of business performance, and overall company success.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED