Credit Officer I/II-Technology, Media, Telecom & Gaming

Job Description:

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 managing clients and related credit products, partnering closely with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. 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 may also manage a team.

Responsibilities:

Partners with relationship management and product partners to assess clients’ credit needs and create solutions

Leads loan structure conversations and negotiates loan documentation with clients and internal/external legal partners

Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications

Leads ongoing monitoring efforts for a portfolio of clients in compliance with regulations, policy and procedure

Drives the growth of funded loans and revenue while mitigating risks, maintaining asset quality and adhering to regulatory requirements

Serves as an escalation point for complex credit transactions

Mentors and supports associates

Oversees and assesses the credit worthiness of borrowers based on due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, terms and conditions, and relationship profitability to provide high quality credit approval to Corporate Banking, Investment Banking, Global Markets, and Treasury

Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including new lending limits, structuring and negotiating deal terms, credit worthiness, annual reviews and renewals, risk ratings, and breach actions

Leads new credit originations in coordination and collaboration with the coverage teams including Relationship Managers, Risk, Syndications, Treasury, and all other product partners

​ Required Qualifications:

5+ years Corporate/Commercial credit experience

Strong understanding of accounting and corporate finance

Strong understanding of legal credit agreements

Strong knowledge of ancillary bank products (treasury, cash management, derivatives)

Strong business writing skills

Ability to coach junior teammates

Desired Qualifications:

Specific experience within Technology, Media, Telecom & Gaming industries

Bachelor’s Degree in Finance or related

Skills:

Analytical Thinking

Credit and Risk Assessment

Financial Analysis

Loan Structuring

Underwriting

Attention to Detail

Business Acumen

Financial Forecasting and Modeling

Research Analysis

Written Communications

Business Development

Collaboration

Critical Thinking

Portfolio Analysis

Stakeholder Management

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency details

US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information

Pay range

$102,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

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.

Benefits

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.