Bank of America is looking to assess credit risk and underwrite commercial loans within the agribusiness sector, requiring specialized knowledge in agriculture and food products lending to ensure responsible growth and sound financial decision-making.
Requirements
- 5-7 plus years of solid experience in Commercial Banking performing financial analysis, structuring, underwriting and portfolio management***,*** *preferably with prior credit approval authority.
- Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
- Formal commercial credit training OR equivalent work experience.
- Prior experience in a high-volume production environment
- Knowledgeable of the closing process & timeline for all types of loans (i.e. real estate, revolvers, etc.)
- Credit and Risk Assessment
- Financial Analysis
Responsibilities
- performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for moderately complex/complex transactions with limited oversight.
- documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance.
- Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
- Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making process
- Analyze financial statements, cash flow projections, and industry trends specific to agriculture and food-related businesses.
- Maintain up-to-date knowledge of market conditions, commodity pricing, and regulatory developments affecting agribusiness lending.
- Escalates and debates deteriorating assets in partnership with the Special Assets Group and Risk as appropriate
Other
- Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions
- Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements
- Participates in Regional and Market meetings to communicate credit delivery best practices and results
- Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed.
- Prior leadership and credit management experience.
