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Job Information

Bank of America Structured Credit Executive in Boston, Massachusetts

Structured Credit Executive

Boston, Massachusetts

Job Description:

Member of the Structured Lending team that provides credit expertise for PCA teams in the Greater Boston market. The position works with PCA's and their management team to deliver complex lending solutions to their clients and prospects. Position will be responsible for new loan generation, the loan renewal process and portfolio servicing.

The Structured Credit Executive is a product advocate for credit in a large geographic region. Originates sound new business through PCA teams. Provides credit direction, expertise and approval for strategically important clients. Understands market differences within region and coordinates best practices in terms of delivering thoughtful credit solutions. Works closely with clients and advisors to define and deliver the best alternatives. Critical link to centralized underwriting and risk/approval process. Accountable for asset quality and financial plan for the markets covered.

Requirements:

  • Familiarity with cash flow credit skills and related market influences (profiling, structuring, underwriting, pricing, delivery)

  • 10 plus years of commercial credit or wealth management credit experience or a combination of lending and credit experience

  • Prior experience required with a financial institution focusing on sales, preferably in the high net worth space

  • Strong verbal and written communication skills

  • Strong problem solving skills and the ability to influence others while building strong partnerships

  • Commercial Credit training strongly preferred

  • Series 7 and 63 required for this role

Candidates may apply without licenses, but must achieve all required licenses within 180 days of accepting the position

Job Band:

H4

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Member of the Structured Lending team that provides credit expertise for PCA teams in the Greater Boston market. The position works with PCA's and their management team to deliver complex lending solutions to their clients and prospects. Position will be responsible for new loan generation, the loan renewal process and portfolio servicing.

The Structured Credit Executive is a product advocate for credit in a large geographic region. Originates sound new business through PCA teams. Provides credit direction, expertise and approval for strategically important clients. Understands market differences within region and coordinates best practices in terms of delivering thoughtful credit solutions. Works closely with clients and advisors to define and deliver the best alternatives. Critical link to centralized underwriting and risk/approval process. Accountable for asset quality and financial plan for the markets covered.

Requirements:

  • Familiarity with cash flow credit skills and related market influences (profiling, structuring, underwriting, pricing, delivery)

  • 10 plus years of commercial credit or wealth management credit experience or a combination of lending and credit experience

  • Prior experience required with a financial institution focusing on sales, preferably in the high net worth space

  • Strong verbal and written communication skills

  • Strong problem solving skills and the ability to influence others while building strong partnerships

  • Commercial Credit training strongly preferred

  • Series 7 and 63 required for this role

Candidates may apply without licenses, but must achieve all required licenses within 180 days of accepting the position

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-21052767

Band: H4

Manages People: No

Travel: Yes, 10% of the time

Manager:

Talent Acquisition Contact:

Brandie Newsome

Referral Bonus:

0

Bank 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/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

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 .

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