Experience:
5+ years of experience
Concerned about your lack of experience? Learn More...
Employment Type:
Part time
Posted:
5/2/2019
Job Category:
Finance
Government Finance - Credit Officer
(This job is no longer available)
Bank of America | Chicago, IL
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Job Description

Job Description:

Business Overview:

Banc of America Leasing is the largest U.S. equipment financing company, serving over 51,000 clients worldwide. We have $62.7 billion in total assets, and have a significant global presence, with over 900 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.

* Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A.

Essential Functions:

Responsible for helping state & local government, public school district, public higher education and institutional clients achieve their overall strategy through the innovative use of various funding alternatives; possess and share with the client and other members of the client team expert knowledge of business finance and the products and services associated therewith. Interact regularly with clients in an effort to proactively understand their goals, their current performance, and their needs. The Leasing Credit Officer II uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with senior Risk Management Officers and Product Delivery Managers. Also accountable for the documentation of transactions as a principal member of the transaction team. One of the client team members responsible for interacting with financing product specialists for Government Finance

Required Education:

Undergraduate degree in finance or accounting; MBA preferred

Prior Work Experience:

5-7 years' experience in commercial banking, leasing, insurance or finance industry with significant credit experience. Municipal credit underwriting experience is essential

Required Skills:

* Experience in municipal and institutional credit analysis and underwriting of secured equipment-oriented financings (lease and debt); should be comfortable with the structuring and documentation of such financings.
* Municipal underwriting experience is essential; experience with Federal government energy and/or IT financing transactions a plus
* Strong credit and risk analysis skills
* Must be able to analyze, interpret and negotiate third party documentation
* Customer service
* Problem solving
* Clear and articulate oral and written communication skills
* Computer skills
* Organization
* Teamwork
* Results oriented, is able to accomplish objectives in a specified timeframe
* 10% Travel
* Preferred locations - Chicago, New York, Providence, Boston

Posting Date: 04/30/2019

Location: Chicago, IL, 135 S LA SALLE ST (IL4135), Boston, MA, 100 FEDERAL ST (MA5100), New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK, Providence, RI, 1 FINANCIAL PLZ (RI1537), - United States

Travel: Yes, 10% of the time

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shift

About Bank of America

Bank of America Corporation is a bank holding company. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries throughout the United States and in selected international markets, Bank of America provides a diversified range of banking and non-banking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate and Investment Banking, and Global Wealth and Investment Management. The Company operates in 32 states, the District of Columbia and 30 foreign countries. In the United States, it serves 59 million consumer and small business relationships with 6,100 retail banking offices, 18,500 automated teller machines (ATMs) and 24 million active online users. It offers services in 13 states. In October 2007, it acquired ABN AMRO North America Holding Company. In July 2007, it acquired U.S. Trust Corporation. In July 2008, Bank of America acquired Countrywide Financial Corp.