Job Description:
Business Overview:
Bank of America Global Leasing is the largest U.S. equipment financing company, serving over 59,000 clients worldwide. We have $71 billion in total assets, and have a significant global presence, with nearly 1,000 associates. Together with our affiliated companies*, we provide equipment financing solutions to small businesses, middle-market and large corporations, offering product expertise in government financing and wholesale vendor financing, as well as tailored programs specific to industry segments, including aviation, healthcare, energy services and renewable energy.
*Certain products are offered through Banc of America Public Capital Corp, a wholly-owned subsidiary of Bank of America N.A.
Essential Functions:
As a contributor to Bank of America’s commitment to ESG, responsible for helping the Federal government, state & local governments, public school districts, public higher education, institutional and commercial clients improve energy efficiency, achieve sustainability goals and address climate risk through the innovative use of various funding alternatives; possess and share with the client and other members of the client team expert knowledge of public finance and the products and services associated therewith. Interact regularly with clients in an effort to proactively understand their goals, their current performance, and their needs. The Leasing Credit Sr Officer uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with senior Risk Management Officers and Product Delivery Managers. Also accountable for the documentation of transactions as a principal member of the transaction team.
This position is posted as a SVP, Leasing Credit Sr Officer, but is flexible to be filled as a VP, Leasing Credit Officer based on the skill set/experience of the candidate.
Preferred Education:
Undergraduate degree in finance or accounting; MBA preferred
Preferred Prior Work Experience:
7-9 years’ experience in commercial banking, leasing, insurance or rating agencies with significant public finance / municipal underwriting experience.
Preferred Desired/Skills:
Experience in municipal and institutional credit risk analysis and underwriting, including secured equipment-oriented financings (lease and debt), real property transactions, and various types of bond financings. Should be comfortable with the structuring and documentation of such financings.
Municipal finance / credit rating agency experience is preferred; experience with Federal government energy and/or IT financing transactions a plus
Strong credit and risk analysis skills
Ability to analyze, interpret and negotiate third party documentation
Customer service
Problem solving
Clear and articulate oral and written communication skills
Shift:
1st shift (United States of America)Hours Per Week:
40
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