GCIB GMC Associate/Analyst

Job Description At Bank of America, this role is responsible for analyzing and interpreting a client’s credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client’s financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank’s risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. Responsibilities Analyzes client’s financial performance by comparing it to past performance, projections, and industry standards Reviews financial statements, assesses the client’s compliance with financial covenants, and renews risk ratings, while recommending changes as warranted Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings Trains, coaches, and mentors credit analysts, and collaborates with team members Credit coverage of Banks, Broker Dealers, and Exchange Companies clients Manages the end-to-end credit approval process by managing analysts and the portfolio monitoring team-work flow to ensure quality of work and timeline management of deliverables Required Qualifications 2+ years commercial and/or corporate banking credit experience Must have commercial credit analysis, financial modeling, traded products and underwriting experience Must have proficient Excel, Microsoft Word and Power Point skills Desired Qualifications Bachelor’s degree in finance, accounting or another related field Formal credit training or related certifications Strong foundation in finance and accounting with experience building three statement and/or cash flow financial models Skills Analytical Thinking Financial Analysis Financial Forecasting and Modeling Profitability Analysis Research Analysis Attention to Detail Business Acumen Credit and Risk Assessment Underwriting Written Communications Collaboration Critical Thinking Portfolio Analysis Prioritization Technical Documentation Shift 1st shift (United States of America) Hours Per Week 40 Pay Transparency Details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay Range $90,000.00 - $109,600.00 annualized salary, offers to be determined based on experience, education and skill set Discretionary Incentive 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. #J-18808-Ljbffr Dormont Manufacturing Co