Credit Officer II - Asset Based Finance

Job Overview

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.

Responsibilities

• Partners with relationship management and product partners to assess clients’ credit needs and create solutions.
• 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 credit assessment and approval by evaluating borrower creditworthiness through financial analysis, forecasting, industry and company risk assessment, and due diligence.
• Exercises delegated approval authority to structure and approve transactions, including lending limits, deal terms, risk ratings, renewals, and breach actions.
• Leads credit origination and portfolio management by partnering with cross-functional teams, serving as a senior advisor on credit matters, and ensuring accurate risk ratings and proactive management of asset quality throughout the client lifecycle.

Required Qualifications

• 7+ years of experience in asset based and/or commercial lending.
• Experience in monitoring the credit health of asset based or commercial lending clients.
• Strong knowledge and comprehension of loan and collateral documentation.
• Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers.
• Confidence and ability to develop an independent viewpoint and present a business case to support conclusions.
• Excellent relationship management skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus.
• Coaching and mentoring skills.
• Proficiency in Microsoft Office Excel, Word, Outlook, PowerPoint.

Desired Qualifications

• Bachelor’s degree in accounting and/or finance.
• 10+ years of experience in asset-based lending and/or commercial lending.

Skills

• Business Acumen
• Coaching
• Decision Making
• Loan Structuring
• Collaboration
• Credit Documentation Requirements
• Oral Communications
• Risk Management
• Written Communications
• Client Solutions Advisory
• Underwriting
• Analytical Thinking
• Credit & Risk Assessment
• Attention to Detail and Organizational Effectiveness
• Financial Analysis, Forecasting, Modeling & Research Analysis

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency Details

US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705)

Pay and Benefits

Annualized salary range: $99,000.00 - $225,000.00. Discretionary incentive eligible.

Benefits

Industry-leading benefits, paid time off, resources and support to employees for a genuine impact and contributions to the sustainable growth of our business and communities.