Bank of America Commercial Associate (Healthcare, Education, Not For Profit Group) – San Francisco/San Diego/Los Angeles in Los Angeles, California

Job Description:

Commercial Associate (Healthcare, Education, Not For Profit Group) – San Francisco/San Diego

Bank of America's Specialized Industries Banking group is seeking a Commercial Associate to join our Healthcare, Education & Not For Profit Group in California. This group is part of the Commercial Bank which serves public and private companies, generally with annual revenues of $50 million to $2 billion. Healthcare, Education & Not For Profit supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional and social service organizations. Primary responsibilities are focused on developing business development skills and increased proficiency in the financial services/products that Bank of America delivers to our healthcare clients. *This position can be based in San Francisco or San Diego.

The Commercial Associate participates as an integral member of the core Client Team, working with commercial clients. Develops, participates and/or presents client/client team presentations (economic updates, markets forecasts, industry updates, industry valuations), pitch books and relationship reviews. Participates in the credit approval process in order to gain exposure to Credit products and the decision/approval process. Participates in treasury solutions packaging in order to gain exposure to Treasury products/services and their related approval/support processes. Coordinates with product partners, deal team members and clients throughout the course of a transaction. Delivers financial, industry, and economic analyses and other activities to facilitate decision making with comprehensive and in-depth company and industry research. Responsible for new business analytics to support the client teams, focusing on enhancing existing relationships, and identifying opportunities for up-tiering. Monitors Plus One activities across multiple portfolios in order to identify opportunities for expanding client relationships. Work efforts must be thorough and focused, exhibiting strong oral and written communication skills. Able to work with minimal supervision on assigned tasks, and is able to connect analytical work to the client needs and strategic objectives.

Requirements:

  • Bachelor’s Degree in Accounting, Finance, or related area

  • Completion of Commercial Credit Training Program

  • Minimum 3 - 5 years of previous business experience

  • Demonstrates initiative / self-motivation

  • Possesses strong interpersonal skills

  • Possesses strong analytical and modeling skills

  • Possesses understanding of corporate financial statements

  • Demonstrates strong critical thinking

  • Demonstrates the ability to independently make decisions

  • Knowledge and proficiency of internal/external programs such as Navigator, GUS, CapIQ, Pitchbook, Factset, etc

Desired:

  • Desire to work in Specialized Industries with an interest in Healthcare, Education & NFP Institutions

Bank of America will consider for employment qualified applicants with criminal histories consistent with San Francisco ordinance 17-14 and federal law applicable to Bank of America.

Posting Date : 10/12/2018

Location :

San Diego, CA, 701 B ST (CA0816),

San Francisco, CA, 555 California St (CA5705),

Los Angeles, CA, BANK OF AMERICA PLAZA, 333 S HOPE ST,

  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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