Commercial Associate
15 hours ago
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. 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. In Canada, Bank of America has a strong market position on which to continue to build, as well as a clear commitment to the market.
This is a great opportunity to join our Global Commercial Banking Team The Global Commercial Bank serves public and private companies with annual revenues of $150 million to $2 billion. Bank of America is seeking a Commercial Associate to join our Vancouver based team. The Commercial Associate participates as an integral member of the core Client Team, working with commercial clients.
**Responsibilities**
The duties of this role will include, but are not limited to the below:
- Develops, participates and/or presents client/client team presentations (economic updates, markets forecasts, industry updates, industry valuations), pitch books and relationship reviews
- Participates in the credit approval process in order to gain exposure to Credit products and the decision/approval process
- Participates in treasury solutions packaging in order to gain exposure to Treasury products/services and their related approval/support processes
- Coordinates with product partners, deal team members and clients throughout the course of a transaction
- Delivers financial, industry, and economic analyses and other activities to facilitate decision making with comprehensive and in-depth company and industry research
- Responsible for new business analytics to support the client teams, focusing on enhancing existing relationships, and identifying opportunities for up-tiering
- Monitors Plus One activities across multiple portfolios in order to identify opportunities for expanding client relationships
- Work efforts must be thorough and focused, exhibiting strong verbal and written communication skills
- Able to work with mínimal supervision on assigned tasks, and is able to connect analytical work to the client needs and strategic objectives
- Qualifies early in role and develops later in role
**Qualifications**
- Bachelor’s Degree in Accounting, Finance, or related area
- Minimum 3+ years of previous business experience, commercial credit skills preferred
- Demonstrates initiative and self-motivation
- Possesses strong interpersonal skills
- Possesses strong analytical and modeling skills
- Possesses an understanding of corporate financial statements
- Demonstrates strong critical thinking
- Demonstrates the ability to independently make decisions
**What Bank of America Offers**
Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.
Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.
**Bank of America is an Equal Opportunity Employer.**
**Job Band**:
H5
**Shift**:
**Hours Per Week**:
37.5
**Weekly Schedule**:
**Referral Bonus Amount**:
0
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