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Responsible for the ongoing portfolio management and monitoring of Bank of America Public Capital Corp's portfolio of transactions with governmental entities. The LCO II will determine appropriate obligor and facility risk ratings through ongoing review of client financial statements, completion of periodic reviews on such statements, monitoring of news articles and other early warning alerts, as well as through interaction with Risk Management Officers, Marketing Officers, Special Assets Officers, Equipment Management Officers, and Credit Underwriting Officers. In addition, the officer will review construction progress and approve extensions and disbursements, as required. The LCO II will handle ad-hoc credit-related customer service request for clients. As needed, the LCO II will assist in the underwriting of new transactions with governmental entities. The successful LCO II will be able to simultaneously manage multiple demands and priorities, while maintaining organization, adherence to deadlines and compliance with policy. Additionally, the ability to identify, anticipate and to proactively address potential credit problems early in the process is critical, including issuance of legal notices to clients and investors, as appropriate.
Responsibilities: Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors
Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client
Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements
Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g., pricing, rates, payment, term, collateral)
Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted
Partners across the organization to address client requests
Monitors construction in progress, addressing delays, approving and documenting amendments
Required Qualifications: 3 - 5 years' experience in commercial banking, finance or credit ratings industries with significant credit experience.
Experience in the analysis and structuring of complex transactions
Strong credit and risk analysis skills
Strong presentation, structuring and financial statement analysis skills
Proven ability to analyze, interpret and negotiate third party documentation
Proven ability to identify trends and emerging risks in underwriting and client selection
Proficient Microsoft Office skills
Desired Qualifications: Municipal Lending Experience
Skills: Risk Management
Financial Analysis
Research Analysis
Loan Structuring
Underwriting
Credit and Risk Assessment
Issue Management
Account Management
Credit Documentation Requirements
Decision Making
Analytical Thinking
Collaboration
Critical Thinking
Customer and Client Focus
Lease / Loan Structuring
Minimum Education Requirement: bachelor's degree or equivalent work experience
Shift:
1st shift (United States of America) Hours Per Week:
40
