- Career Center Home
- Search Jobs
- Job Posting Title Credit Support Associate II/III- Commercial Credit
Results
Job Details
Explore Location
Bank of America
Chicago, Illinois, United States
(on-site)
Posted
11 hours ago
Bank of America
Chicago, Illinois, United States
(on-site)
Job Type
Full-Time
Job Function
Banking
Job Posting Title Credit Support Associate II/III- Commercial Credit
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Job Posting Title Credit Support Associate II/III- Commercial Credit
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.
Responsibilities:
- Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations
- Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation
- Identifies and resolves data quality issues
- Identifies opportunities to improve operational efficiency
- Understands policy and procedures and ensures compliance
Required Qualifications:
- Credit Guidelines and lending procedures
- Underwriting systems
- Credit documentation verification
- Commercial Lending and Commercial products
Desired Qualifications:
- Time management
- Organization
- Portfolio monitoring
Skills:
- Attention to Detail
- Data Collection and Entry
- Record Keeping
- Oral Communications
- Written Communications
- Collaboration
- Customer and Client Focus
- Planning
- Prioritization
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
**Role can be filled as a level II or III at manager's discretion
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)
Pay and benefits information
Pay range
$31.00 - $49.30 hourly pay, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Job ID: 85063495
Please refer to the company's website or job descriptions to learn more about them.
View Full Profile
More Jobs from Bank of America
Relationship Banker - Brunswick-Middlesex Market
Edison, New Jersey, United States
11 hours ago
Registered Wealth Management Client Associate
Akron, Ohio, United States
11 hours ago
Private Wealth Client Associate
Los Angeles, California, United States
11 hours ago
View your connections
Jobs You May Like
Median Salary
Net Salary per month
$4,984
Cost of Living Index
76/100
76
Median Apartment Rent in City Center
(1-3 Bedroom)
$2,407
-
$4,673
$3,540
Safety Index
35/100
35
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$91
-
$320
$186
High-Speed Internet
$40
-
$100
$63
Transportation
Gasoline
(1 gallon)
$4.32
Taxi Ride
(1 mile)
$2.25
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
Loading...
