Wholesale Credit Subsidiary Lending Group Analyst

  • Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Bank Of America / Merrill Lynch
  • 26 Sep 16

Wholesale Credit Subsidiary Lending Group Analyst

Job Description:
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.

The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world.

Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Responsibilities:

Primary responsibility is to actively manage the credit aspects for the portfolio of multi-national companies including:

  • Manage the acceptance process of incoming credit relationships for the portfolio of multi-national companies.
  • Identify, escalate and manage emerging risks in the portfolio of clients.
  • Assist with preparation, review & negotiation of loan agreements & uncommitted facility letters
  • Preparation & maintenance of documentation files/checklists including compilation of required documentation
  • Perform ongoing monitoring of portfolio of clients.
  • Understand and apply internal policy, procedures and regulatory requirements.
  • Prepare and participate in internal/external/regulatory audits, inspections, surveys and examinations.
  • Participate in projects/initiatives to streamline and improve processes.

Competencies:
  • Able to interpret and analyze financial statements.
  • Basic understanding of banking products across Loan, Trade Finance, Transactional Services & Treasury.
  • Experience with reading / interpreting loan agreements & related documentation
  • Strong written and verbal communication skills and ability to build relationships with internal and external stakeholders.
  • Has an analytical mind and takes a proactive attitude towards problem solving.
  • Excellent time management skills and the ability to work effectively under pressure.
  • Bachelors degree in Accounting/Finance with 1-2 years experience in banking and finance or related field preferred.

Posting Date: 18/08/2016
Location: Sydney - Australia

Full / Part-time: Full time