Credit Admin Associate

at  Bank of America

JOB DESCRIPTION:

Job Title: Enterprise Credit Admin Associate
Locations: Bromley, London or Dublin
Corporate Title: Vice President

JOB DESCRIPTION

Opportunity to join the Global Markets Credit (GMC) organization, responsible for credit underwriting, ongoing monitoring and portfolio management of Global Markets financing and traded products transactions.
As a part of the Enterprise Credit Administration (ECA) team a Front Line Unit (FLU) a part of Global Markets (GM) supporting Enterprise Credit, Credit Risk underwriters you will be responsible for supporting Credit Officers on a daily basis in the management of their portfolios, incuding the review of global credit facilities. Supporting the end-to-end process, credit underwriting, ongoing monitoring and portfolio management of financing, treasury management, and traded products transactions.
You will be handling complex opportunities and taking a leadership role in supporting client needs and leading/participating in special projects. Helping simplify and improve our processes, identifying and leading on opportunities to improve operational efficiency.
Employees that achieve success in this role often demonstrate the following attributes: attention to detail, self-motivation and learning agility.

SKILLS

• Written communications
• Oral communication
• Credit Guidelines & Lending Procedures
• Portfolio monitoring
• Underwriting systems
• Credit Documentation verification
• Time Management
• Organization
• Collaborating
• Influencing
• Attention to Detail
• Data Collection and Entry
• Record Keeping
• Collaboration
• Customer and Client Focus
• Prioritization
• Planning

• Ownership and autonomy over a portfolio of clients from a credit administration perspective
• Manage onboarding of new fund manager relationships and new funds to assist in the credit approval process
• Coordinate pre and post-closing activities which may include due diligence activities, creation of credit approval documents for new, renewed and amended trading, loan and Global Transaction Services (GTS) facilities, the processing of these through the bank systems of record, and interaction with operations
• Responsible for monitoring requirements by creating/clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation
• Maintain accurate document records
• Review approved credit approval documents to ensure compliance with bank policy and procedures
• Respond to enquiries from Credit Officers and other business partners. Investigate and resolve incoming queries relating to the portfolio
• Identify and resolve data quality issues and discrepancies
• Ownership of key metric deliverables related to credit facilities and data quality
• Produce ad-hoc and prescribed reporting
• Use Tableau dashboard to proactively manage adherence to key metrics
• Identify opportunities to improve operational efficiency
• Providing coaching to junior associates on the team when dealing with day-to-day support activities