Commercial Associate-HTSR - Transformative Technology Banking

at  Bank of America

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 SUMMARY:

Bank of America’s Healthcare, Technology, Sponsors, & Restaurants (HTSR) group is seeking a Commercial Associate. HTSR is part of the Global Commercial Bank which serves public and private companies, generally with annual revenues of $50 million to $2 billion. HTSR is unique, in that our client teams are dedicated to adding value providing bespoke products and solutions to the Healthcare, Transformative Technology, Financial Sponsors, & Restaurant space.
Primary responsibilities of the Commercial Associate (CA) are focused on working with Relationship Managers and their client teams to help deliver the financial services/products and consultative advice that Bank of America delivers to our HTSR clients. The CA role is a developmental role for future client-facing associates, specifically Relationship Managers.
This job is responsible for delivering analytical research and developing innovative strategies to support client/prospects’ needs. Key responsibilities include working closely with various banking partners to help create client/prospect presentations and providing support throughout the course of the transaction. Job expectations include leveraging data to help tell stories, uncovering valuable insights such as economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.

SKILLS:

• Financial Analysis
• Financial Modeling
• Prospecting
• Business Development
• Relationship Building
• Referral Identification
• Critical Thinking
• Problem Solving
• Risk Management
• Market Analysis
• Data and Trend Analysis
• Data Visualization
• Continuous Improvement
• Client Management
• Project Management

REQUIREMENTS:

• Bachelor’s Degree in Accounting, Finance, or related area (or equivalent experience)
• Minimum 3-5 years of previous business experience
• Demonstrates initiative/self-motivation
• Possesses strong interpersonal skills
• Possesses strong analytical and financial modeling skills
• Possesses understanding of corporate financial statements
• Demonstrates strong critical thinking
• Demonstrates the ability to independently make decisions
• Knowledge and proficiency of software programs such as Navigator, GUS, Cape, Pitchbook, Factset, SalesForce, etc.

• Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
• Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
• Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank’s credit products
• Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
• Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
• Supports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunities