SAG Financial Analyst

SAG Financial Analyst

Chicago, Illinois

Job Description:

Job Description

SAG Financial Analysts assist with the qualitative and quantitative analysis of the bank's commercial customers for their assigned Portfolio Officers. Analysts participate in the structuring and underwriting of credit facilities. Analysts are also expected to complete a number of recurring reports and special assignments as necessary. The Special Asset Group manages the high risk/criticized or distressed commercial loan portfolio for Bank of America. This position focuses primarily on the financial analysis, credit actions, asset quality reporting preparation, and regulatory requirements of commercial loans. Successful applicants typically have prior commercial loan experience and/or strong financial education. May eventually manage portfolio of less complex relationships

Qualifications:

• BS / BA Degree in related field required (ie. Business Mgmt, Finance, Accounting, Economics)

• Preferred 1-2 years of commercial underwriting experience

• The ability to analyze financial statements in depth and interpret ratios with proper conclusion is critical to being successful in the position.

• Should be highly motivated, intellectually curious (figure-it-out mindset), self-starter with strong advancement potential.

• Should be able to manage multiple tasks.

• Having a background in commercial financial analysis and underwriting is essential.

• Understanding of commercial lending and accounting is a must.

• Excel skills are mandatory.

• Working knowledge of loan structuring on ARs, inventory, equipment, other commercial transactions and bank products such as Treasury Management, Derivatives, Swaps, Sweep accounts, DDA deposits.

• Must exhibit all of Bank of Americas core values

Job Band:

H6

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Description

SAG Financial Analysts assist with the qualitative and quantitative analysis of the bank's commercial customers for their assigned Portfolio Officers. Analysts participate in the structuring and underwriting of credit facilities. Analysts are also expected to complete a number of recurring reports and special assignments as necessary. The Special Asset Group manages the high risk/criticized or distressed commercial loan portfolio for Bank of America. This position focuses primarily on the financial analysis, credit actions, asset quality reporting preparation, and regulatory requirements of commercial loans. Successful applicants typically have prior commercial loan experience and/or strong financial education. May eventually manage portfolio of less complex relationships

Qualifications:

• BS / BA Degree in related field required (ie. Business Mgmt, Finance, Accounting, Economics)

• Preferred 1-2 years of commercial underwriting experience

• The ability to analyze financial statements in depth and interpret ratios with proper conclusion is critical to being successful in the position.

• Should be highly motivated, intellectually curious (figure-it-out mindset), self-starter with strong advancement potential.

• Should be able to manage multiple tasks.

• Having a background in commercial financial analysis and underwriting is essential.

• Understanding of commercial lending and accounting is a must.

• Excel skills are mandatory.

• Working knowledge of loan structuring on ARs, inventory, equipment, other commercial transactions and bank products such as Treasury Management, Derivatives, Swaps, Sweep accounts, DDA deposits.

• Must exhibit all of Bank of Americas core values

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-22023347

Band: H6

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Danita Blake

Referral Bonus:

0

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

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To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .