FAM Specialist

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
Financial Analysis & Monitoring (FAM) Specialist is responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio.

Responsibilities:

• Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviews
• Responsible for preparation of IFARS and FARS as assigned.
• Provides additional credit support to underwriting teams as requested
• Responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio 

Skills:

• Attention to Detail
• Financial Accounting
• Financial Analysis
• Oral Communications
• Prioritization
• Problem Solving
• Written Communications
• Analytical Thinking
• Collaboration
• Critical Thinking
• Data Management
• Underwriting

Required Qualifications:

• 2 + years of commercial banking, private banking, leasing or finance industry
• Strong Written and Verbal Communication skills
• Well organized and able to work independently, manage multiple assignments, produce accurate work and meet deadlines
• Strong Leadership and Teamwork and ability to work with others
• PC Proficiency including Excel, Word, Outlook and other applications

Desired Qualifications:

• Bachelor’s Degree in, Business Administration, Finance, Accounting, or Economics or equivalent experience

• 2 + years of commercial or private banking underwriting, credit analysis or finance industry

• Working knowledge of financial balance statements and tax returns

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: