What are the responsibilities and job description for the GCIB Associate position at Bank of America?
Job Description:
Job Description
The successful candidate will conduct financial analysis; track portfolio company performance and assess ongoing creditworthiness; prepare credit approval memoranda; and assist in the origination and structuring of senior bank debt and related credit products. You will be expected to build extensive knowledge of each client drawing upon in-depth research and industry expertise. As a member of Wholesale Credit, you will work closely with professionals throughout Risk and Global Banking and Markets, particularly colleagues in corporate banking, trading, treasury management and syndications. Responsibilities also include qualitative and quantitative due diligence on industry and company factors.
Responsibilities include, but are not limited to, the following;
Research, write and present financial and industry analyses in support of company specific and portfolio level decisions
Evaluate transaction and relationship risk-adjusted profitability to facilitate the allocation of and return on capital
On-going monitoring of client’s financial performance, industry trends and emerging risks
Participate in the structuring, underwriting and documentation of credit facilities designed to meet both client and investor needs as well as balance the bank's internal risk/return requirements
Monitor and manage credit exposure associated with the bank's broad range of products including Loans, Leasing, Foreign Exchange, Derivatives, & Treasury Management
Required:
3-5 years Credit risk and/or analysis experience
College degree
Understanding of basic accounting
Working knowledge of corporate finance
Strong writing skills
Effective time management skills
Shift:
1st shift (United States of America)Hours Per Week:
40
