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Commercial Credit Lending Officer - Phoenix, AZ

Phoenix, Arizona

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.

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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:

This job is responsible for leading the commercial credit process within the Enterprise Credit organization for select Business Banking and Middle Market clients and prospects. Key responsibilitiesinclude collaborating directlywith the ClientManagement teams and internal partners to drive an efficient credit delivery experience. Job expectations includeobtaining lendingauthority toutilize through theunderwriting and approval process.

The Lending Officer acts as the point of contact for driving credit solutions for the client. The Lending Officer maintains relationships with the client management team and works directly with clients from deal structuring through final credit approval, legal document negotiations and closing as necessary. The Lending Officer is responsible for negotiation with the client on credit terms, performing full underwriting analysis and preparing deal justification. The Lending Officer will have single signature approval authority (per the Approval Grid) for credit and monitoring actions as needed. The Lending Officer ensures data quality of credit-related client and deal information.

Position can be filled as a Lending Officer I or II

Responsibilities:

• Collaborates with Client Management teams to perform analysis of credit opportunities and prospects at the bank

• Manages client and prospect originations including initial credit structuring, underwriting, legal documentation review, and deal closing

• Delivers on data accuracy and quality of underwriting metrics in compliance with internal policies and procedures

• Monitors assigned portfolios of client loan maturities and collaborates with Analysts to continuously recognize and address risks in a timely manner

• Escalates and debates deteriorating assets in partnership with the Special Assets Group and Risk as appropriate

• Participates in Regional and Market meetings to communicate credit delivery best practices and results

Required Skills:

• 2 + years Commercial credit experience

• Client-facing experience-ability to consult & navigate client requests

• Strong analytical skills and attention to detail

• Effective communicator in both written and oral presentations

• Ability to effectively partner with peers and other business units across the enterprise

• Demonstrate sense of urgency with decision making and execution

• Self-starter and ability to work independently

• Must have proficiency with Microsoft office (Excel, PowerPoint, Word etc.)

Desired Skills:

• BA/BS degree in Finance, Accounting or Economics majors preferred

• Prior commercial loan underwriting experience

Skills:

• Loan Structuring

• Underwriting

• Collaboration

• Decision Making

• Written Communications

• Interpret Relevant Laws, Rules, and Regulations

• Credit Documentation Requirements

• Active Listening

• Analytical Thinking

• Attention to Detail

• Issue Management

• Risk Management

• Negotiation

• Oral Communications

• Prioritization

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

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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.