Vice President; Credit Officer

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsibilities

• Conduct due diligence, credit analysis, and risk assessment for various debt transactions that finance mergers and acquisitions involving middle and large cap companies, and private equity clients.
• Develop and maintain complex financial models, including leveraged buyout and discounted cash flow models, to analyze company specific and macro trends.
• Develop presentation materials, memos for deal approvals.
• Participate in due diligence sessions and client meetings.
• Conduct research using Bloomberg, other market data services, to analyze market conditions and industry trends.
• Assist in coordinating information flow and execution with various internal partners and product groups.
• Liaise with senior members of deal teams.
• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Master's degree or equivalent in Business Administration, Finance, Economics, or related: and 3 years of experience in the job offered or a related Finance occupation.
• Must include 3 years of experience in each of the following : Performing complex financial modeling, including leveraged buyout and discounted cash flow models, to determine borrowers’ ability to repay debt, and adequate loan to value; Evaluating the risk vs reward, avoiding losses on debt underwrites using understanding of terms, pricing of debt issuances in the leveraged finance market; Utilizing understanding of accounting concepts and the ability to analyze financial statements to properly diligence the financial condition of borrowers; and, Utilizing risk rating tools and methodologies to assign ratings and track risk exposure across the lending portfolio.
• In the alternative, the employer will accept a Bachelor's degree and 5 years of progressively responsible experience.

Bank of America N.A. Shift: 1st shift (United States of America) Hours Per Week: 40

Pay & Benefits

• Pay range $275,000.00 - $285,000.00 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.

Privacy Statement:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.

Pay Transparency: