Credit Support Associate II/III- Global Markets Credit
Bank of America•Chicago, NY
•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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
