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Leasing Credit Officer II/Leasing Credit Senior Officer - Global Corporate Aircraft Finance

Chicago, Illinois;Frisco, Texas; Providence, Rhode Island; Charlotte, North Carolina

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

Responsible for delivery of integrated credit solutions to corporate and high net worth clients. Partner closely with client-facing teammates in both the Global Corporate Bank and Global Wealth Investment Management to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client. Proactively partners with client teams to plan key credit relationship strategy focusing on balance of risk and reward. Directly accountable for managing credit quality and the approval process through interaction with Risk Management Officers. Responsibilities will include interacting with financing product specialists for the Global Corporate Aircraft Finance product group.

Job Responsibilities:

+ Pre-screen new transactions for existing and new clients to determine credit worthiness and appropriate credit product solutions

+ Analyzing High Net Worth Individuals’ financial statements, business and personal tax returns as well as business financial statements to assess clients ability to repay loans/leases

+ Responsible for underwriting credit approval memoranda for mandated transactions, incorporating thorough credit analysis and due diligence

+ Participates in ongoing documentation

Required Qualifications:

+ 5+ years' experience for the LCO II 7+ years’ experience for the LCSO in commercial credit or leasing credit industry with significant credit analysis, risk analysis and underwriting experience

+ Has an expert level of industry, skill, and product knowledge and the ability to underwrite complex transactions

+ Strong ability to analyze High Net Worth Individuals’ financial statements, business and personal tax returns as well as business financial statements to assess client’s ability to repay loans/leases

+ Extensive presentation, structuring, and ability to interpret and negotiate third party documentation

+ Identify trends and emerging risks in underwriting and client selections

Desired Qualifications:

+ Undergraduate degree in finance or accounting; MBA preferred

+ Extensive presentation, structuring, and ability to interpret and negotiate third party documentation

+ Identify trends and emerging risks in underwriting and client selections

Skills:

+ Financial Analysis

+ Loan Structuring

+ Research Analysis

+ Risk Management

+ Underwriting

+ Coaching

+ Credit Documentation Requirements

+ Credit and Risk Assessment

+ Decision Making

+ Issue Management

+ Account Management

+ Analytical Thinking

+ Collaboration

+ Critical Thinking

+ Customer and Client Focus

+ Organization, Time Management, Teamwork

Shift:

1st shift (United States of America)

Hours Per Week:

40

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, 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.

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View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.