Responsibilities include managing a moderate to complex structured portfolio and ensuring adherence to Credit Policy, process, procedures and regulatory guidelines including GMS, Credit Risk, PMRC, etc. Demonstrates a thorough understanding and adherence to policies, processes, guidelines and applicable regulatory requirements. Monitors credit compliance through the timely collection of all required financial information, resolves documentation, collateral, past due exceptions and credit servicing problem resolution. Ensures data integrity in primary systems supporting our Global Commercial Bank lines of business; GMS, AFS, ACBS, VV, GUS, etc. Acts as primary liaison with client, client team, and Credit Services, managing the facilitation of credit originations, approvals, documentation, bookings, fee collection and renewals. Delivers practical innovative resolutions to clients and business partners. Demonstrates ability to balance portfolio management with participation in work-groups. Successfully manages multiple priorities with minimal supervision or oversight. Transfers knowledge of business to others by mentoring / coaching.
Monitoring Support is looking for a Credit Support Associate (CSA) to work with the Public Sector Banking Team. Responsible for supporting the end-to-end credit management process for Commercial Banking, partnering with Client Managers and Credit Products Officers. Acts as a primary liaison with the client, client team, Credit Services, and other business partners. Facilitates credit originations, approvals, documentation, bookings, fee collections, and renewals. Responsibilities also include monitoring credit compliance, resolving documentation, collateral, and past-due exceptions, ensuring credit quality and data integrity. Proactively ensures client satisfaction throughout the credit management process, including credit servicing problem resolution. Ensures timely follow-up of loan monitoring activity to facilitate a sound credit portfolio.
May be filled as a Credit Support Associate I -band level 7- depending on candidate level of experience.
Excellent customer service, communication and organizational skills
Ability to work effectively in a team environment
Microsoft-based computer applications (Word, Excel, etc.)
Must have a minimum of two years experience working with Commercial Banking.
Must have a good knowledge of the credit process, loan documentation and collateral.
Bank of America systems: Global Monitoring Solution (GMS), Global Underwriting Solution (GUS); AFS, ACBS, Web Lock, BOSS.
Bank of America - 2 years ago
Bank of America Corporation is a bank holding company. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries...