Bank of America Senior Credit Officer in Chicago, Illinois

Job Description:

  • Primary account responsibility for a complex portfolio of Large Corporate clients including General Industries and Consumer & Retail companies.

  • Structure complex transactions and negotiate complex credit documentation to mitigate risk appropriately.

  • Solid communication and presentation skills; team player with a positive attitude.

  • Develop and maintain a deep understanding of the industry and an assigned portfolio of clients to assess risk solutions that balance risk and return.

  • Develop and maintain a deep understanding of the Global Banking & Markets product spectrum.

  • Develop and maintain strategic partnerships with Corporate Banking, Investment Banking, Global Markets and Treasury Management.

  • Independently develop high quality credit analysis with a focus on business rationale, key risks, sources of repayment, projections and returns & profitability

  • Independently assess, diligence and make justifiable credit recommendations.

  • Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the clients’ credit life cycle.

  • Participate in strategic projects to support business goals.

  • Informal management responsibility for Analysts and Associates on the team.

  • Responsible for driving portfolio asset quality and speed to market

Required Skills

  • 7 - 10 years experience in commercial and / or corporate lending environment, with understanding of loans, trading & treasury products

  • Able to soundly manage the portfolio and justify rationale for recommended transactions.

  • Must have ability to manage the most complex transactions, possess strong credit skills and transaction experience, and demonstrate the ability to work with senior officers, business partners, and clients.

  • Must be able to independently lead diligence efforts, make approval recommendations, negotiate loan documentation and execute timely closings

  • Requires effective communication style and ability to manage multiple priorities - must be a team player

*We reserve the right to hire at the Director or VP level depending on the candidate's experience*

Posting Date : 05/23/2018

Location :

Chicago, IL, 540 W MADISON ST (IL4540),

  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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