Product Specialist 2 - Multiple Teams

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:
 

Business Overview

The Regional Loan Syndications group originates and executes club syndicated bank loans for Commercial Banking clients and prospects.  The team partners closely with the Commercial Bank, Wholesale Credit, Regional Leverage Finance and Emerging Growth and Regional Coverage to drive new Bank of America led syndicated loans and corresponding ancillary business.

 Primarily responsible for preparation of marketing materials and execution of syndicated loans, with an opportunity to attend and participate in client pitches and lender meetings, gain exposure to complex transactions, and build on existing credit, structuring, communication and presentation skills. 

Job Responsibilities

• Coordinate and prepare marketing materials (pitches, lender presentations)
• Prepare comparable transaction analysis
• Financial modeling
• Review legal documents for syndication specific terms (engagement/commitment papers, credit agreements)
• Set up and manage Syndtrak sites for new deals / coordinate with Agency Management for existing deals
• Coordinate bank meeting logistics and attend meetings
• Directly communicate with borrower, lenders, counsel, and agency management
• Manage closing logistics (prepare allocations memo, funds flow, closing invoice, accounting and regulatory reporting, pipeline management)
• Partner with Senior Product Specialist to ensure seamless execution of syndicated loans
• Establish and maintain strong partnership with Leveraged Finance

Desired Competencies

• 5-10 years commercial/corporate credit experience
• Strong credit, analytical, structuring and communication skills
• Strong business acumen
• Proficient with Power Point and Excel
• Familiar with Syndicated Credit Agreements
• Ability to work independently
• Strong time management skills with ability to balance multiple projects and meet deadlines
• Highly energized team player with a positive attitude
• Embraces the importance of maintaining BofAML’s core values and brand in everything we do
• Has a strong desire to grow and develop
• Maintains a polished and professional appearance
• Series 79 and 63 registration (within 180 days)

Minimum Education Requirement:

Undergraduate degree required: Majors in business, finance or economics preferred or equivalent experience.

Shift:

1st shift (United States of America)

Hours Per Week: 

40