Commercial Credit Specialist I - Charlotte, NC

Commercial Credit Specialist I - Charlotte, NCCharlotte, North CarolinaJob 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 Description:This job is responsible for managing tasks related to the credit process. Key responsibilities include managing risk by monitoring financial reporting, coordinating the successful onboarding of clients as the first point of engagement for client teams, and effectively coordinating a systematic execution of the credit process in partnership with Relationship Managers, Credit and Treasury Teams, and Operations.The Commercial Credit Specialist (CCS) is responsible for tasks related to the end to end commercial credit process. The CCS role is the first point of engagement for the client team and responsible for ensuring timely and consistent execution of the commercial credit process. Responsibilities include initial deal coordination, confirmation that appropriate financial statements have been submitted for a request, order and review of pre‐close due diligence, preparation of internal legal documents or engagement of the fulfillment team, validation of operational feasibility and adherence to policy, coordination of closing activities, coordination of booking with product partners, escalating and resolving client issues, andsetup/scheduling/collection/monitoringof client related documentation as required by the Loan Agreement. The role is centrally located, market aligned to the client team. Role will have virtual client contact in order to facilitate collection of required documentation and other closing activities.Responsibilities: Partners with Credit Teams to manage the bank's portfolio via monitoring financial package collection, maturities, Annual Exposure Review/Financial Analysis Summary, past due payments, and failed covenants Escalates and resolves client needs such as ordering pay-off letters, while delivering in partnership with Credit and Operations Teams Manages risk by clearing collateral exceptions to reduce the bank's legally binding exposure Ensures timely and accurate deal coordination through engaging outside counsel to prepare loan documentation, assisting with the completion of pre-close checklists, and connecting with fulfillment to book facilities in the system of recordRequired Skills:

Strong, professional communication skills and client‐facing presence

Organizational and time management skills

Exceptional sense of urgency

Delivery of world class client experience; customer service focus

Attention to detail and able to execute in a fast paced environment

Responsive to customer needs

Proven self‐motivator with the ability to effectively prioritize work

Ability to coordinate with multiple points of contact (internal and external)

Experience in the financial services industry, specifically related to commercial banking

Desired Skills

Project management experience

Paralegal skills (i.e. understand legal language and experience with legal docs)

Prior loan closing experience (or similar)

Understanding of commercial credit

Proficiency in technology, including Microsoft applications

Skills: Issue Management Customer and Client Focus Prioritization Written Communications Collection Management Attention to Detail Collaboration Oral Communications Customer Service Management Recording/Organizing Information Adaptability Planning ResearchMinimum Education/Experience Requirement:BA/BS Degree in Finance, Accounting, or Business Administration preferredT his position is posted as a Commercial Credit Specialist I and can be filled as a Commercial Credit Analyst II under the manager's discretion.Shift:1st shift (United States of America)Hours Per Week:40Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf) .View the LA County Fair Chance Ordinance .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.