Product Specialist I

Bank of America; Los Angeles (CA); On-site; USD 100,000 - 124,000; Full time

Job summary

Bank of America is seeking a Regional Loan Syndications Analyst in Los Angeles to support syndicated loans for Commercial Banking clients. You will perform financial analyses, research, and prepare materials for client presentations to help drive revenue and client value.

The role involves collaboration with cross-functional teams, development of comparative transactions, and preparation of quarterly updates, with opportunities for growth and exposure to senior professionals.

Qualifications

• Bachelor's degree or higher with accounting/finance focus.
• Solid understanding of corporate financial statements and covenants.
• Ability to analyze data and present findings clearly.

Responsibilities

• Perform financial and statistical analysis.
• Conduct research and prepare support documentation and client presentation material.
• Development/Maintenance of Regional Loan Syndication comparative transactions.
• Assist with quarterly/periodic data reporting and analysis.
• Preparation of quarterly business updates.
• Assist with lender meetings and loan closings.
• Work under the direction of more senior associates.

Skills

Initiative

Interpersonal skills

Analytical skills

Financial statements knowledge

Covenants & credit agreements

Critical thinking

Independent decision making

Education

Undergraduate degree

Accounting or Finance background

Job description

Company Overview

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

Typically acts as the secondary coverage for clients. Extensive product knowledge. Interacts with clients to execute complex product transactions that generate significant revenue. Works under direction of more senior associates.

Perform financial and statistical analyses, conduct research, and prepare support documentation and client presentation materials. Works under direction of more senior associates.

Business Overview The Regional Loan Syndications group originates and executes club syndicated bank loans for Commercial Banking clients and prospects. The team partners closely with the Commercial Bank, Enterprise Credit, Middle Market Leveraged Finance and Regional Investment Banking to drive new Bank of America led syndicated loans and corresponding ancillary business.

Location

***This position can office in the following locations: Los Angeles, Newport Beach, Dallas, or Denver

Responsibilities

• Perform financial and statistical analysis
• Conduct research and prepare support documentation and client presentation material
• Development/Maintenance of Regional Loan Syndication comparative transactions
• Assist with quarterly/periodic data reporting and analysis
• Preparation of quarterly business updates
• Assist with logistical and operational tasks associated with lender meetings and loan closings
• Works under the direction of more senior associates

Required Skills

• Demonstrates initiative/self-motivation/capacity to learn
• Possesses strong interpersonal skills
• Possesses strong analytical and modeling skills
• Possesses understanding of corporate financial statements
• Possesses understanding of financial covenants and basic structuring; familiar with credit agreements
• Demonstrates strong critical thinking
• Demonstrates the ability to independently make decisions

Desired Skills

• Commercial Credit experience recommended
• Skills: Analytical Thinking Customer and Client Focus Financial Forecasting and Modeling Financial Management Risk Management Causation Analysis Client Management Market Analysis Presentation Skills Relationship Building Data Management Project Management Result Orientation

Educational Requirements

• Undergraduate degree required.
• Accounting, Finance or equivalent experience

Shift & Hours

• Shift: 1st shift (United States of America)
• Hours Per Week: 40

Licensing

• Licensing required – Series 79 & 63 (will support the employee through registration process if needed)

Pay & Benefits

• Pay range $100,000.00 - $123,500.00 annualized salary, offers to be determined based on experience, education and skill set.
• Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan.
• Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
• Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
• Pay Transparency details US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 Ncd (CA6814), US - CO - Denver - 370 17TH ST - REPUBLIC PLAZA (CO1004)

Privacy Statement

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

Company Culture & Values

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! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America's efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency