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Bank of America Sr. Credit Products Officer in Denver, Colorado

Sr. Credit Products Officer

Seattle, Washington;Scottsdale, Arizona; San Francisco, California; Portland, Oregon; Denver, Colorado

Job Description:

Bank of America's Dealer Financial Services Group ("DFS") is seeking a

Sr. Credit Products Officer ("SCPO"). DFS supports the financial needs

of publicly and privately held franchised automobile dealers. Our credit

product suite includes floor plan funding for inventory, real estate term

loans, acquisition / expansion financing, as well as derivative products

(interest rate swaps) and a full spectrum of Treasury Management

products and services.

The SCPO serves as a key member of the Commercial Client Team in

handling the clients financial needs, ensuring that the overall client

experience is favorable, and that the bank is in a position to expand the

relationship. The client team is charged with helping clients achieve their

overall financial goals via the delivery of our debt and deposit

capabilities, as well as the full breadth of services offered by Bank of

America.

Working closely with the client team, the SCPO's role in the credit

process is the guidance and oversight of underwriting, structuring, and

documentation of credit requests on an assigned portfolio. This includes

an evaluation of the financial standing of the client or prospect and the

appropriateness of the existing or proposed credit structure, and

suggestion of any changes to help optimize the relationship. The SCPO is

able to underwrite and structure complex credit transactions with minimal

oversight. SCPO’s provide ongoing coaching and support to other Credit

Products team members, reporting to the Sr. Credit Products Manager,

and partner closely with Client Managers and the Credit Risk Manager

(CRMs). In addition, the SPMO will have some travel time with face-to-

face interaction with our dealer clients.

The SCPO interacts with clients and prospects to understand their

financial goals and objectives, current and future financial performance,

and their needs and desires for their banking relationship. The SCpO will

also be involved in the negotiation and closing process for transactions in

their portfolio. The SCPO oversees the monitoring of their assigned

portfolio to maintain credit quality, and to ensure timely recognition and

management of any changes via the use of the bank’s proprietary risk

rating tool, and the review of various compliance, exception and past due

reports.

General qualifications include: a BS/BA degree and 5 -10+ years of solid

experience in financial analysis, structuring, underwriting and portfolio

management, strong communication and analytical/technical skills,

including financial accounting, modeling and loan structuring.

*Required Skills: “Must” have these skills to be minimally qualified. Undergraduate degree in Finance or Accounting. 5-10+ years of solid experience in general commercial credit analysis including underwriting, structuring, documentation, and portfolio management. Ability to explain and defend borrower financial analysis to manager and credit officers Confidence and ability to develop an independent viewpoint and present a business case to support conclusions. Excellent interpersonal skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus. Coaching and Mentoring skills. Ability to interact directly with clients on a professional, consultative basis. Strong knowledge and comprehension of loan and collateral documentation. Ability to multi-task and continually modify the priority of assigned workflow. Strong verbal and written communication skills Strong Microsoft Office Software skills. Desired Skills: Prior experience leading a team. Prior experience mentoring less experienced associates. Completion of a formal commercial credit training program. Knowledge of the franchised automobile business. Prior sales experience at the Owner / CFO level.

Job Band:

H4

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

​Monday - Friday, 8-5

Referral Bonus Amount:

0

Job Description:

Bank of America's Dealer Financial Services Group ("DFS") is seeking a

Sr. Credit Products Officer ("SCPO"). DFS supports the financial needs

of publicly and privately held franchised automobile dealers. Our credit

product suite includes floor plan funding for inventory, real estate term

loans, acquisition / expansion financing, as well as derivative products

(interest rate swaps) and a full spectrum of Treasury Management

products and services.

The SCPO serves as a key member of the Commercial Client Team in

handling the clients financial needs, ensuring that the overall client

experience is favorable, and that the bank is in a position to expand the

relationship. The client team is charged with helping clients achieve their

overall financial goals via the delivery of our debt and deposit

capabilities, as well as the full breadth of services offered by Bank of

America.

Working closely with the client team, the SCPO's role in the credit

process is the guidance and oversight of underwriting, structuring, and

documentation of credit requests on an assigned portfolio. This includes

an evaluation of the financial standing of the client or prospect and the

appropriateness of the existing or proposed credit structure, and

suggestion of any changes to help optimize the relationship. The SCPO is

able to underwrite and structure complex credit transactions with minimal

oversight. SCPO’s provide ongoing coaching and support to other Credit

Products team members, reporting to the Sr. Credit Products Manager,

and partner closely with Client Managers and the Credit Risk Manager

(CRMs). In addition, the SPMO will have some travel time with face-to-

face interaction with our dealer clients.

The SCPO interacts with clients and prospects to understand their

financial goals and objectives, current and future financial performance,

and their needs and desires for their banking relationship. The SCpO will

also be involved in the negotiation and closing process for transactions in

their portfolio. The SCPO oversees the monitoring of their assigned

portfolio to maintain credit quality, and to ensure timely recognition and

management of any changes via the use of the bank’s proprietary risk

rating tool, and the review of various compliance, exception and past due

reports.

General qualifications include: a BS/BA degree and 5 -10+ years of solid

experience in financial analysis, structuring, underwriting and portfolio

management, strong communication and analytical/technical skills,

including financial accounting, modeling and loan structuring.

*Required Skills: “Must” have these skills to be minimally qualified. Undergraduate degree in Finance or Accounting. 5-10+ years of solid experience in general commercial credit analysis including underwriting, structuring, documentation, and portfolio management. Ability to explain and defend borrower financial analysis to manager and credit officers Confidence and ability to develop an independent viewpoint and present a business case to support conclusions. Excellent interpersonal skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus. Coaching and Mentoring skills. Ability to interact directly with clients on a professional, consultative basis. Strong knowledge and comprehension of loan and collateral documentation. Ability to multi-task and continually modify the priority of assigned workflow. Strong verbal and written communication skills Strong Microsoft Office Software skills. Desired Skills: Prior experience leading a team. Prior experience mentoring less experienced associates. Completion of a formal commercial credit training program. Knowledge of the franchised automobile business. Prior sales experience at the Owner / CFO level.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-21055392

Band: H4

Manages People: No

Travel: Yes, 25% of the time

Manager:

Talent Acquisition Contact:

Tamika Gabriel

Referral Bonus:

0

In accordance with

Colorado law: Colorado

job seekers

In accordance with Colorado law, if you have questions about compensation and general benefits information for this job posting, please email equalpayinformation@bofa.com . This is a dedicated mailbox designed to exclusively support job seekers requesting information under the Colorado law. Only inquiries for this purpose will receive a reply. For all other inquiries, please review our Frequently Asked Questions .

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