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.

Responsibilities:

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

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.

Preferred:

Completion of Commercial Credit Training Program

Desire to work with HTSR clients to develop new business relationships and grow the business with existing clients

Passion and curiosity for the technology sector

Shift:

Hours Per Week: