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Bank of America
New York, New York, United States
(on-site)
Posted
3 hours ago
Bank of America
New York, New York, United States
(on-site)
Job Type
Full-Time
Risk Specialty
Banking
Associate, Business Associate
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Associate, Business Associate
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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Responsibilities:
• Develop, grow, and maintain the assigned client relationships, including U.S subsidiaries of Chinese companies, through coordination of regular client pitching, working closely with global and regional corporate banking teams and product partners.
• Drive a primary product set which includes credit & risk management, cash management, liquidity, and treasury (including sweeping and pooling structures), trade solutions, debt capital raising, leasing, and global markets/hedging.
• Work with in-country, regional, global banking, and credit teams to manage credit exposure, capital commitments, and returns.
• Liaise with Risk & Wholesale Credit partners to manage credit risk of the client portfolio.
• Review credit agreements and indentures to analyze covenants, baskets, and other relevant restrictions.
• Participate in client meetings, portfolio planning sessions, and product partner meetings and be able to identify cross‐sell opportunities.
• Prepare financial, industry, and competitor analysis to support decision-making and strategic initiatives.
• Analyze business performance and revenue opportunities, enabling informed planning.
• Identify revenue and efficiency opportunities and tracking and forecasting revenues through market trend analysis.
• Maintain databases and leveraging market data tools, including Dealogic and FactSet to provide accurate reporting and insights.
• Remote work may be permitted within a commutable work distance from the worksite.
Required Skills & Experience:
• Bachelor's degree or equivalent in Economics, Mathematics, Finance, or related: and
• 2 years of experience in the job offered or a related Finance occupation.
• Must include 2 years of experience in each of the following:
• Preparing financial, industry, and competitor analysis to support decision-making and strategic initiatives;
• Analyzing business performance and revenue opportunities, enabling informed planning;
• Identifying revenue and efficiency opportunities and tracking and forecasting revenues through market trend analysis;
• Maintaining databases and leveraging market data tools, including Dealogic and FactSet to provide accurate reporting and insights.
If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.
EMPLOYER: BofA Securities, Inc.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
- annualized salary, offers to be determined based on experience, education and skill set.
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: 80795632
Please refer to the company's website or job descriptions to learn more about them.
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