Credit Officer - ESG

Recruiter
Bank of America Corporation
Location
New York
Salary
Competitive
Posted
29 Aug 2022
Closes
26 Sep 2022
Employer Sector
Banking & Finance - Retail
Contract Type
Permanent
Hours
Full Time
Travel
None
Job Description:

Embedded across the bank's eight lines of business, the formation of

Environmental, Social and Governance (ESG) Credit reflects how the

bank helps fuel the global economy, build trust and credibility, and

represent a company that people want to work for, invest in, and do

business with. The ESG Credit team will support the continued growth in

sustainable, renewable, and green finance and further deliver on the

bank's commitment to help society transition to a low-carbon economy.

The Credit Officer effectively executes broad credit risk management

responsibilities within Enterprise Credit/Specialty Finance.

Responsibilities include:

Primary account responsibility for complex transactions originated by

the Global Sustainable Finance Group (GSFG). Transaction types include

tax equity investment, project finance debt, bridge financing, revolving

debt facilities, and interest rate/FX hedging for non-recourse

transactions. Transactions are executed in solar, wind, and other renewable sectors. - Understand complex transactions and negotiate credit documentation to mitigate risk appropriately - Solid communication and presentation skills; team player with a positive attitude - Develop and maintain a deep understanding of the industry and an assigned portfolio of clients to assess risk solutions that balance risk and return - Review stress scenarios, financial models, and engineer reports - Develop and maintain a deep understanding of the Global Banking & Markets product spectrum - Develop and maintain strategic partnerships with Corporate Banking, Investment Banking, Global Markets and Treasury Management - Independently develop high quality credit analysis with a focus on business rationale, key risks, sources of repayment, projections, and returns/profitability - Independently assess, diligence, and make justifiable credit recommendations - Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the clients' credit life cycle - Participate in strategic projects to support business goals. - Informal management responsibility for Analysts and Associates on the team - Responsible for driving portfolio asset quality and speed to market

Required Skills: "Must" have these skills to be minimally qualified. - 7 - 10 years' experience in commercial and / or corporate lending environment, with understanding of loans, trading, and treasury products - Able to soundly manage the portfolio and justify rationale for recommended transactions - Must have ability to manage the most complex transactions, possess strong credit skills and transaction experience, and demonstrate the ability to work with senior officers, business partners, and clients - Must be able to independently lead diligence efforts, make approval recommendations, negotiate loan documentation, and execute timely closings - Requires effective communication style and ability to manage multiple priorities - must be a team player

Shift:

1st shift (United States of America)

Hours Per Week:

40