Commercial Credit Specialist I
Posted on: 6 Apr 2021
Phoenix, AZ
Job Description
Job Description:
Job Description:
The Commercial Credit Specialist (CCS) is responsible for tasks related to the end to end commercial credit process. The CCS role is the first point of engagement for the client team and responsible for ensuring timely and consistent execution of the commercial credit process. Responsibilities include initial deal coordination, confirmation that appropriate financial statements have been submitted for a request, order and review of preclose due diligence, preparation of internal legal documents or engagement of the fulfillment team, validation of operational feasibility and adherence to policy, coordination of closing activities, coordination of booking with product partners, escalating and resolving client issues, and setup/scheduling/collection/monitoring of client related documentation as required by the Loan Agreement. The role is centrally located, market aligned and remote from the client team. Role will have virtual client contact in order to facilitate collection of required documentation and other closing activities.
Required Skills:
* Strong, professional communication skills and clientfacing presence
* Organizational and time management skills
* Exceptional sense of urgency
* Delivery of world class client experience; customer service focus
* Attention to detail and able to execute in a fast paced environment
* Responsive to customer needs
* Proven selfmotivator with the ability to effectively prioritize work
* Ability to coordinate with multiple points of contact (internal and external)
* Experience in the financial services industry, specifically related to commercial banking
Desired Skills
* BA/BS degree; Business degree preferred
* Project management experience
* Paralegal skills (i.e. understand legal language and experience with legal docs)
* Prior loan closing experience (or similar)
* Understanding of commercial credit
* Proficiency in technology, including Microsoft applications
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.
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IndustryBanking/Financial Services
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No. of Employees205,000
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Website
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Jobs Posted2694
