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:

Responsible for the administration and coordination of the activities of Credit Officers. Partners closely with client management teammates in both the Global Commercial Bank and Global Investment Bank to consult on sales opportunities, and provide the ABL product expertise and consultation necessary to deliver the best possible ABL solution to the client. Reviews and recommends objectives, policies and procedures for Credit Officers on the basis of experience and abilities; provides assistance in the handling of sensitive accounts. Has overall responsibility for managing highly complex portfolios with multiple businesses. This role is non-registered.

Responsibilities:

• Handles complex and sensitive transactions to include private equity sponsor transactions with I-Bank term loans; international transactions; large corporate, middle market and business banking transactions; related products and services; and work-outs.
• Leads a team who partner with business development officers, relationship managers, underwriters and/or product specialists and are responsible for structing, analyzing, underwriting, negotiating, documenting, closing and monitoring ABL and related transactions.
• Interface directly with clients, financial sponsors and intermediaries (legal counsel, outside accountants, turnaround consultants, field examiners, etc.).

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Required Qualifications:

• 20+ years of Asset Based Lending Experience
• 5+ years of management experience

Skills:

• Decision Making
• Executive Presence
• Inclusive Leadership
• Problem Solving
• Underwriting
• Active Listening
• Coaching
• Drives Engagement
• Financial Analysis
• Loan Structuring
• Collateral Management
• Critical Thinking
• Negotiation
• Prioritization
• Written Communications

Shift:

Hours Per Week: