Analyst/Assistant Vice-President, Subsidiary Lending Group (SLG), Enterprise Credit, India

Bank of America; Mumbai; On-site; INR 2,400,000 - 4,200,000; Full time

Job summary

Bank of America in Mumbai seeks an experienced credit professional for SLG India within Enterprise Credit. You will manage due diligence for a multinational portfolio and prepare credit analyses and approvals.

You will negotiate credit documents, monitor portfolio quality, and coordinate with corporate banking and other partners to deliver financial solutions while ensuring policy and regulatory compliance.

Qualifications

• Minimum 6 years of wholesale banking credit experience; 2 years for Analyst.
• Strong English written and verbal communication.
• Ability to interpret financial statements and credit documents.

Responsibilities

• Actively manage credit due diligence for multinational client portfolios.
• Due diligence of financial statements and preparation of credit memos.
• Prepare, review and negotiate credit documents and loan agreements.
• Monitor portfolio and identify emerging risks; ensure regulatory compliance.
• Collaborate with business partners to provide financial solutions.

Skills

Credit due diligence

Portfolio management

Financial statement analysis

Credit documentation

Stakeholder collaboration

Analytical mindset

Time management

Job description

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description: SLG (part of Enterprise Credit) is a front office unit that works closely with origination function such as Corporate Banking, Global Markets, and Global Payment Services to identify opportunities and deliver credit product solutions to customers. SLG India is specifically responsible for the document negotiation, credit analysis, execution of transactions as well as the subsequent monitoring and management of portfolio quality and exposures.

Responsibilities

• Primary responsibility is to actively manage the credit due diligence for the portfolio of multi-national companies including:
• Manage the acknowledgement process of incoming credit relationships for the portfolio of multi-national companies.
• Due diligence of financial statements and preparation of credit approval memorandum.
• Preparation of credit and financial analysis of borrowers and obtain local credit, risk & senior management team’s approval.
• Preparation, review & negotiation of credit documents and loan agreements.
• Maintain close working dialogue with business partners to handle appropriate financial solutions for the clients.
• Also ensure early pre-screening of significant new client on-boarding, and / or transactions.
• Perform ongoing portfolio monitoring and identify, elevate & manage emerging risks in the portfolio of clients.
• Ensure portfolio of clients is compliant with internal policy and procedures as well as regulatory requirements.
• Prepare and participate in internal/external/regulatory audits, reporting, surveys and examinations.
• Participate in projects/initiatives to streamline and improve processes.

Competencies

• Minimum 6 years of work experience (2 years for Analyst) in wholesale banking, preferably in credit.
• Strong written and verbal communication skills in English
• Able to interpret and analyze financial statements.
• Good understanding of banking products across Loan, Trade Finance, Transactional Services & Treasury.
• Experience with Reading / Interpreting / Negotiating credit documents and loan agreements.
• Strong relationship building abilities with internal and external stakeholders.
• Has an analytical mind and takes a proactive attitude towards problem solving.
• Excellent time management skills and the ability to work effectively under pressure.
• Experience in banking and finance and/or track record of relevant experience will be preferred.

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!

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