Bank of America is inviting applications for the post of Credit Risk Analyst for the year 2022. Here is everything that you need to know about this Bank of America Recruitment!
About Bank of America
The Bank of America Corporation, headquartered in Charlotte, North Carolina, is an American global investment bank and financial services holding company. The bank was created in San Francisco and bought by NationsBank of Charlotte in 1998, when it took on its current form. After JPMorgan Chase, it is the second largest bank in the United States and the eighth largest bank in the world. Bank of America is one of the United States’ Big Four banking institutions. It competes with JPMorgan Chase, Citigroup, and Wells Fargo for around 10.73 percent of all American bank deposits. Commercial banking, wealth management, and investment banking are the company’s major financial services.
Roles & Responsibilities
- Manage the acceptance of incoming credit connections for a multi-national company’s portfolio.
- Financial statements are spread out.
- Prepare a credit and financial analysis of borrowers and receive clearance from the local risk and senior management teams.
- Credit paperwork and loan agreements are prepared, reviewed, and negotiated.
- Maintain a good working relationship with business partners in order to provide clients with relevant financial solutions. Ensure that important new customer onboarding and/or transactions are pre-screened as soon as possible.
- Perform regular portfolio monitoring, identifying, escalating, and managing developing risks in a client’s portfolio.
- Ascertain that the client portfolio adheres to corporate policies and procedures as well as regulatory obligations.
Requirements
- Professionally qualified (MBA/CA)
- 2-4 years of expertise in corporate/financial institution analysis, preferably from a credit standpoint.
- Strong English communication abilities, both written and spoken.
- Financial statements can be interpreted and analysed.
- Basic grasp of loan, trade finance, transactional services, and treasury products.
- Reading and comprehending credit papers and loan agreements is a plus.
- Internal and external stakeholders require strong relationship-building skills.
- Has a proactive approach to issue resolution and an analytical mind.
- Excellent time management abilities, as well as the capacity to perform well under duress.
- Banking and finance experience, as well as a track record of related experience, would be desired.
How To Apply For This Job?
To apply for the opening for Credit Risk Analyst at Bank of America Recruitment, click here.
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