Full-Time

Commercial Credit Officer

Updated on 12/10/2024

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

Fintech
Financial Services

Compensation Overview

$109.1k - $200kAnnually

+ Discretionary Incentive

Senior, Expert

Indianapolis, IN, USA + 1 more

More locations: Chicago, IL, USA

Category
Commercial Banking
Finance & Banking
Required Skills
Financial analysis
Requirements
  • 10+ years of solid Commercial Banking experience
  • Experience in financial analysis, structuring, underwriting and portfolio management
  • Analytical/technical skills, including financial accounting, modeling and loan structuring
  • Strong communication skills; ability to communicate vertically, horizontally, and externally
  • Industry knowledge across multiple sectors
  • BA/BS Degree Desired
Responsibilities
  • Manages the credit process for a portfolio of clients
  • Negotiates credit documentation
  • Leads the credit and risk approval processes
  • Builds relationships with existing and prospective clients
  • Mentors and supports associates
  • Provides capital structure solutions

Bank of America provides a wide range of financial services, including banking, investing, asset management, and risk management products. It caters to individuals, small and medium-sized businesses, and large corporations, serving around 56 million consumer and small business accounts in the U.S. The company's services include personal banking, credit cards, loans, and investment options. Bank of America stands out from its competitors by being a leading wealth management firm and a major player in corporate and investment banking and trading. The goal of Bank of America is to help clients achieve their financial goals while managing their assets and investments effectively.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1904

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital banking enhances customer satisfaction and reduces costs.
  • Growing interest in ESG investing attracts new clients and boosts reputation.
  • Fintech partnerships offer innovation and expansion opportunities for Bank of America.

What critics are saying

  • Increased competition in credit facilities may impact Bank of America's market share.
  • Alternative lending platforms could disrupt traditional banking models and loan syndication.
  • Companies raising capital through share sales may reduce demand for corporate lending.

What makes Bank of America unique

  • Bank of America is a global leader in corporate and investment banking.
  • It serves approximately 56 million U.S. consumer and small business relationships.
  • The bank is a leader in wealth management and trading services.

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