Operations Consultant - Syndications

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:  Global Credit Operations: Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products. This position works in close association with members of the operations and deal teams, adding value to the proper loan booking and ensuring client satisfaction. Participates in the resolution of escalated issues and operational problems, leveraging resources across other Credit Services and GCIB functional areas (Portfolio Management, Agency Management, Monitoring & Compliance, and others) to ensure an integrated approach to loan servicing.  

Responsible for consultative activities for Syndicated and Corporate Lending fulfillment activities including:

• Acts as a subject matter expert, frequently consulted on the execution of complex loan structuring arrangements

• Develops and delivers training for new hires; provides up-training and serves as a proficiency coach to operations team

• Daily quality review process for syndicated loan booking (pre- and post-closing)

• Ensures risk and controls are followed as documented in procedures

• Exercises discretion and professional judgment in determining appropriate loan structuring having significant client, regulatory, and reputation implications and risk

• Additionally, this position will participate in key committee assignments, offer subject matter expertise

Required Skills:

• High level of proficiency with Microsoft suite of applications and loan accounting platforms and systems (LoanIQ, CreditCenter, etc.)

• Deep working knowledge of commercial lending, experience with complex credit agreements and structures, including syndications

• Applies critical thinking to analyze, identify and deal with legal, business, reputation, and operational risk

• Finance, accounting or math background or applicable experience

• Strong ability to influence, negotiate and lead diverse groups to achieve desired results, especially in dealing with escalations

• Highly organized self-starter, attentive to detail with strong time management skills and ability to balance competing priorities

• Demonstrated proficiency in Microsoft Office (Word, Excel, PowerPoint)

Desired Skills:

• Knowledge of GCB (Global Corporate Band)/GIB (Global Investment Bank) environment, organizational alignment, strategic priorities

• Attorney prepared legal document experience including complex legal contract review and analysis

• Strives to challenge the status quo and bring new ideas to teams to drive innovation and unique solutions to better serve an evolving client base

• Strong written communication skills including communications and procedures

• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Skills:

• Adaptability

• Prioritization

• Problem Solving

• Recording/Organizing Information

• Relationship Building

• Data Collection and Entry

• Financial Analysis

• Oral Communications

• Written Communications

• Data Management

• Legal Structures and Legal Forms

• Regulatory Compliance

• Result Orientation

Shift:

1st shift (United States of America)

Hours Per Week: 

40