SAG Financial Analyst

Bank Of America; Charlotte (NC); On-site; USD 60,000 - 90,000; Full time

Job summary

Bank of America is seeking a detail-oriented analyst to support the Special Assets Group by evaluating high-risk or distressed commercial clients. You will help develop resolution strategies to reduce losses, while ensuring adherence to policies and regulatory requirements.

Responsibilities include conducting qualitative and quantitative analyses, supporting litigation and recovery actions, and collaborating with Risk, Legal, and Operations to sustain asset quality.

Qualifications

• Experience analyzing commercial borrowers, preparing credit underwriting packages, or supporting portfolio management activities.
• Proficiency in Microsoft Office applications, particularly Excel, including experience building, maintaining, and analyzing financial models.
• Understanding of commercial workout, restructuring, special assets, or distressed credit management.
• Strong relationship-building skills and ability to collaborate with business partners across Risk, Legal, Operations, and other support functions.
• Self-motivated learner with the ability to adapt quickly to changing priorities and business needs.
• Knowledge of commercial banking regulations, credit policies, and risk management practices.
• Completion of relevant banking, accounting, or credit training programs, internships, or certifications.

Responsibilities

• Conducts qualitative and quantitative analysis of high-risk/criticized or distressed commercial clients for Special Assets Group Portfolio Officers
• Supports adversarial collection actions such as litigation, foreclosures, bankruptcies, and receiverships
• Adheres to bank policies and regulatory standards contributing to compliance initiatives
• Supports the asset quality process of the portfolio through effective risk management practices and periodic portfolio reviews
• Assists with maintaining and establishing collaborative partnerships with stakeholders

Skills

Analytical Thinking

Critical Thinking

Problem Solving

Risk Management

Financial Analysis

Attention to Detail

Underwriting

Adaptability

Oral Communications

Written Communications

Research

Prioritization

Education

High School Diploma / GED / Secondary School or equivalent

Tools

Microsoft Excel

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:

This job is responsible for assisting with the qualitative and quantitative analysis of a high-risk/criticized or distressed commercial clients. Key responsibilities include supporting Special Assets Group Portfolio Officers in developing and executing resolution strategies focused on reducing the volatility and severity of losses in the portfolio. Job expectations include strict adherence to all bank policies and regulatory requirements, proactive identification and mitigation of risks within the portfolio, and maintaining high standards of integrity and ethics standards in all interactions.

Responsibilities:

• Conducts qualitative and quantitative analysis of high-risk/criticized or distressed commercial clients for Special Assets Group Portfolio Officers
• Supports adversarial collection actions such as litigation, foreclosures, bankruptcies, and receiverships
• Adheres to bank policies and regulatory standards contributing to compliance initiatives
• Supports the asset quality process of the portfolio through effective risk management practices and periodic portfolio reviews
• Assists with maintaining and establishing collaborative partnerships with stakeholders

Desired Qualifications

• Experience analyzing commercial borrowers, preparing credit underwriting packages, or supporting portfolio management activities.
• Proficiency in Microsoft Office applications, particularly Excel, including experience building, maintaining, and analyzing financial models.
• Understanding of commercial workout, restructuring, special assets, or distressed credit management.
• Strong relationship-building skills and ability to collaborate with business partners across Risk, Legal, Operations, and other support functions.
• Self-motivated learner with the ability to adapt quickly to changing priorities and business needs.
• Knowledge of commercial banking regulations, credit policies, and risk management practices.
• Completion of relevant banking, accounting, or credit training programs, internships, or certifications.

Skills:

• Adaptability
• Analytical Thinking
• Critical Thinking
• Problem Solving
• Risk Management
• Credit and Risk Assessment
• Financial Analysis
• Oral Communications
• Research
• Written Communications
• Attention to Detail
• Collection Management
• Legal Structures and Legal Forms
• Prioritization
• Underwriting

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40