Product Specialist II - Credit

Job Description: This position supports credit analysts and relationship managers in underwriting and servicing specialized credit products. The role requires expertise in product functionality and user experience, handles complex inquiries, contributes to product improvement feedback loops, and trains entry‑level product specialists. It also manages the day‑to‑day resolution of complex client issues and the risks related to treasury accounts tied to Asset‑Based Lending (ABL) credit facilities. Responsibilities Identifies markets and participates in the valuation of products Evaluates residual values in product contracts Works with cross‑functional teams to support product development and execution Prepares financial spreads and risk rating scorecards, as well as drafts of preliminary sections of credit approval memos Coordinates documentation and due diligence for credit transactions Tracks covenants, financial reporting, and compliance items Trains entry‑level Product Specialist Ensures that bank systems (including the Bank of America Business Capital (BABC) loan system) have the proper information to facilitate daily treasury transactions with the ABL loan Accountable for ensuring all documentation including Deposit Account Control Agreements are correct and in place Responsible for risk mitigation actions to protect the Bank from loss associated with accounts and treasury services Required Qualifications Expert in BAC treasury systems, services, capabilities and constraints including DDA platforms, Salesforce, OBA, GFS, iCon, etc Knowledge of ABL treasury requirements and BABC procedures Proficient in M365 including Word, Excel, PowerPoint, Copilot, and Salesforce Minimum of 3 years of experience in treasury services and risk mitigation Expertise and knowledge of the capabilities and constraints of the bank’s treasury management services and corporate DDA platforms Expertise in ABL treasury requirements and BABC operating procedures for loan servicing Strong analytical skills Strong communication skills, able to speak with authority with clients and internal business partners, including higher management Ability to balance competing priorities and parties with conflicting interests Ability to use sound judgment in the face of pressure and time deadlines, and moves with a sense of urgency Ability to solve problems effectively and quickly find resolution to issues Desired Qualifications Bachelor’s of Science in Finance preferred or equivalent work experience Skills Attention to Detail Collaboration Collateral Management Data Collection and Entry Due Diligence Data and Trend Analysis Issue Management Monitoring, Surveillance, and Testing Problem Solving Recording/Organizing Information Active Listening Adaptability Audit Planning Fraud Management Minimum Education Requirement High School Diploma / GED / Secondary School or equivalent Shift 1st shift (United States of America) Hours Per Week 40 #J-18808-Ljbffr Bank of America