Bank of America

Wholesale Credit Administrate Associate

Bank of America

Charlotte, NC, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you a detail-oriented individual with a passion for financial services and a desire to work for a leading global bank? Look no further than Bank of America's Wholesale Credit Administration team. As a Wholesale Credit Administration Associate, you will play a crucial role in ensuring the accuracy and efficiency of credit administration processes for our corporate and commercial clients. We are seeking a highly motivated and organized individual with a strong understanding of credit concepts and excellent communication skills. If you thrive in a fast-paced and dynamic environment and are ready to take the next step in your career, we encourage you to apply for this exciting opportunity.

  1. Conduct thorough and accurate credit analysis and review for corporate and commercial clients.
  2. Ensure compliance with all internal policies and external regulations related to credit administration.
  3. Collaborate with various departments to gather and analyze data for credit decision-making.
  4. Maintain accurate and up-to-date credit files and documentation.
  5. Communicate effectively with clients, colleagues, and management regarding credit decisions and processes.
  6. Identify and resolve any discrepancies or issues related to credit administration.
  7. Monitor and report on credit risks and trends within the portfolio.
  8. Assist in the development and implementation of credit policies and procedures.
  9. Stay informed of industry trends and changes in regulations related to credit administration.
  10. Participate in training and development opportunities to enhance knowledge and skills.
  11. Prioritize and manage workload to meet deadlines and ensure timely completion of tasks.
  12. Continuously seek opportunities for process improvement and implement solutions.
  13. Collaborate with team members to achieve team goals and objectives.
  14. Act as a representative of the bank and maintain a high level of professionalism at all times.
  15. Uphold Bank of America's values and code of conduct in all job responsibilities.
Where is this job?
This job is located at Charlotte, NC, USA
Job Qualifications
  • Bachelor's Degree In Finance, Accounting, Or Related Field.

  • 2-3 Years Of Experience In Credit Analysis Or Underwriting.

  • Strong Understanding Of Financial Statements And Credit Risk Analysis.

  • Excellent Communication And Interpersonal Skills.

  • Proficiency In Microsoft Excel And Other Financial Analysis Tools.

Required Skills
  • Financial Analysis

  • Communication Skills

  • Attention to detail

  • Data Management

  • customer service

  • Credit Analysis

  • Compliance Knowledge

  • Portfolio Management

  • Risk assessment

  • Problem-Solving

  • team

  • Loan Processing

Soft Skills
  • Communication

  • Conflict Resolution

  • Customer Service

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Wholesale Credit Administrate Associate in Charlotte, NC, USA is $44,000 to $66,000 per year. This may vary depending on the specific company, level of experience, and job responsibilities.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 10th, 2024
Apply BeforeApril 11th, 2026
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About Bank of America

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.

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