Wholesale Credit Admin Associate II

Bank of America•Dallas, TX

3d•$25 - $41•Onsite

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.

Requirements

3+ yrs of commercial banking related experience
Credit Guidelines and lending procedures
Underwriting systems
Credit documentation verification
Commercial Lending and Commercial products
Proficiency in Microsoft applications

Nice To Haves

Institutional banking experience
Skills: Attention to Detail
Data Collection and Entry
Record Keeping
Oral Communications
Written Communications
Collaboration
Customer and Client Focus
Planning
Prioritization

Responsibilities

Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations
Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation
Identifies and resolves data quality issues
Identifies opportunities to improve operational efficiency
Understands policy and procedures and ensures compliance
Support and assist Credit Officers daily in the management of their portfolios, including the review of global credit facilities.
Creation of credit approval documents for new, renewed and amended loans.
Review approved credit approval documents to ensure compliance with bank policy and procedures.
Respond to inquiries from credit officers and other business partners.
Investigate and resolve incoming queries relating to the portfolio.
Monitor and resolve facility document exceptions.
Create, maintain, and monitor credit and financial events and manage exceptions.

Benefits

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their 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.
This role is currently benefits eligible.
We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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