Municipal Credit Support Analyst
| Company | Bank of America |
|---|---|
| Location | Los Angeles, CA, USA, Charlotte, NC, USA, New York, NY, USA |
| Salary | $34.05 – $49.33 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Junior, Mid Level |
Requirements
- Clear and concise verbal and written communication skills
- Sound judgment, logical reasoning and exhibits a strong drive for results
- Operate effectively in a virtual team environment across geographic boundaries
- Efficient organizational skills, time management and close attention to detail
- Can effectively collaborate/negotiate with business partners and teammates to foster solid partnerships, teamwork, creditability and trust
- Adaptability to continuous learning and process changes
- Self-starter
- Strong product and process knowledge
- Strong Microsoft-based computer application skills (Word, Excel, Outlook etc.)
Responsibilities
- Manage a portfolio of complex credits
- Ensure overall adherence to Credit, Regulatory and Procedural Policies and Guidelines
- Facilitate closings and renewal of commercial credit including coordination of approvals, review of legal documentation, engagement of business partners, and monitoring credit compliance
- Resolve portfolio exceptions and ensure overall accuracy
- Work directly with clients to ensure the timely collection of all required financial information
- Complete required monitoring activities including the completion of spreads, covenant tests, annual and interim reviews, MCDCs and assisting Credit Products team with market research
- Ensure data integrity in primary systems; Global Monitoring System, LoanIQ, Electronic Data Repository, and Global Underwriting System
- Deliver practical innovative solutions to clients and business partners
- Balance portfolio management along with participation in work-groups
- Successfully manage multiple priorities with minimal supervision or oversight
Preferred Qualifications
- College degree in Finance or related field
- Portfolio management, loan servicing and support experience
- Knowledge of credit from Commercial Line of Business
- Familiar with financial statements as it relates to the approval of commercial loans
- Familiar with interpretation of legal documentation in support of commercial loans
- Knowledge of Municipal Banking Credit Products