GCIB GMC Analyst

Bank of America - Dallas, TX

Full-time

Dallas, TX

Credit Intermediation and Related Activities

About the position

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. This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. As a key member of GCIB Credit, the Analyst will be part of an integrated team, working with Commercial Banking and Corporate & Investment Banking covering the Technology, Media & Telecom and Gaming & Leisure sectors.

Responsibilities

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings

Requirements

• 1+ year experience Corporate Banking Credit experience to include financial analysis experience
• Must have proficient Microsoft Office skills

Nice-to-haves

• Bachelor's Degree
• Experience covering Technology, Media & Telecom, Gaming & Leisure

Benefits

• Competitive benefits to support physical, emotional, and financial well-being