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:
Financial Analysis & Monitoring (FAM) Specialist is responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio.
Responsibilities:
- Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviews
- Responsible for preparation of IFARS and FARS as assigned.
- Provides additional credit support to underwriting teams as requested
- Responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio
Skills:
- Attention to Detail
- Financial Accounting
- Financial Analysis
- Oral Communications
- Prioritization
- Problem Solving
- Written Communications
- Analytical Thinking
- Collaboration
- Critical Thinking
- Data Management
- Underwriting
Required Qualifications:
- 2 + years of commercial banking, private banking, leasing or finance industry
- Strong Written and Verbal Communication skills
- Well organized and able to work independently, manage multiple assignments, produce accurate work and meet deadlines
- Strong Leadership and Teamwork and ability to work with others
- PC Proficiency including Excel, Word, Outlook and other applications
Desired Qualifications:
- Bachelor’s Degree in, Business Administration, Finance, Accounting, or Economics or equivalent experience
- 2 + years of commercial or private banking underwriting, credit analysis or finance industry
- Working knowledge of financial balance statements and tax returns
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)Hours Per Week:
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What We Do
We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth. Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
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