Leasing Credit Officer II

Bank of America; Chicago (IL); On-site; USD 81,000 - 171,000; Full time

Job summary

An established industry player seeks a Leasing Credit Officer II to deliver integrated credit solutions to clients. In this dynamic role, you will partner with client-facing teams to provide expert consultation, assess client needs, and propose optimal financing alternatives. You will manage credit quality and the approval process while ensuring compliance with regulatory requirements. This position offers a chance to thrive in a collaborative environment that values diversity and inclusion, providing opportunities for personal and professional growth.

Qualifications

• 7+ years experience in a commercial banking role.
• Proficient credit and risk analysis skills required.

Responsibilities

• Evaluate new end-user credit opportunities and identify risks.
• Underwrite new transactions and close deals while adhering to policies.

Skills

Financial Analysis

Loan Structuring

Risk Management

Underwriting

Credit and Risk Assessment

Analytical Thinking

Decision Making

Collaboration

Research Analysis

Customer and Client Focus

Education

Bachelor's degree in finance, accounting or related field

Tools

Microsoft Office

Job description

Join to apply for the Leasing Credit Officer II role at Bank of America

2 weeks ago Be among the first 25 applicants

Join to apply for the Leasing Credit Officer II role at Bank of America

This range is provided by Bank of America. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$81,000.00/yr - $170,100.00/yr

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Responsible for delivery of integrated credit solutions to middle market or corporate clients. Partner closely with client-facing teammates in both the Global Corporate Bank and Global Commercial Bank to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client. Responsible for helping clients achieve their overall strategy through the innovative use of various funding alternatives; possess and share with the client and other members of the client team expert knowledge of business finance and the products and services associated therewith. Interact regularly with clients in an effort to proactively understand their goals, their current performance, and their needs. The Leasing Credit Officer uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with Risk Management Officers and Senior Management.

Responsibilities:

• Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors
• Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client
• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements
• Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)
• Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted
  
  

Required Qualifications:

• 7+ years experience in commercial banking related role.
• Must have proficient credit and risk analysis skills.
• Must have proficient presentation, structuring and financial statement analysis skills.
• Proficient Microsoft Office skills.
  
  

Desired Qualifications:

• Bachelors degree in finance, accounting or related field
  
  

Skills:

• Financial Analysis
• Loan Structuring
• Research Analysis
• Risk Management
• Underwriting
• Account Management
• Credit Documentation Requirements
• Credit and Risk Assessment
• Decision Making
• Issue Management
• Analytical Thinking
• Coaching
• Collaboration
• Critical Thinking
• Customer and Client Focus
  
  

Shift:

1st shift (United States of America)

Hours Per Week:

40

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Banking

Referrals increase your chances of interviewing at Bank of America by 2x

Get notified about new Credit Officer jobs in Chicago, IL.

Credit Analyst/Senior Credit Analyst, Structured Credit & CLOs – Chicago, IL

Park Ridge, IL $55,000 - $85,000 1 month ago

Credit Analyst, Global Corporate & Investment Banking - Consumer and Retail

Mortgage Loan Officer Assistant - Remote

Investment Banking Analyst I - Depositories (Chicago)

Asset & Wealth Management, Private Wealth Management, Financial Analyst - Chicago

Investment Banking - Mid-Cap Investment Banking - Analyst

Chicago, IL
$75,000.00
-
$100,000.00
1 week ago

Credit Analyst, Non-Bank Financial Institutions - Chicago

Credit Analyst/Senior Credit Analyst, Structured Credit & CLOs - Chicago, IL

Chicago, IL
$55,000.00
-
$65,000.00
1 month ago

Chicago, IL
$42,000.00
-
$52,000.00
2 weeks ago

Chicago, IL
$104,000.00
-
$145,000.00
1 month ago

Chicago, IL
$109,100.00
-
$200,000.00
1 week ago

Chicago, IL $90,000 - $105,000 1 month ago

Greater Chicago Area $85,000 - $120,000 3 weeks ago

Chicago, IL $120,000 - $250,000 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.