Subsidiaries Credit Analyst

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Job Description:

Enterprise Credit (EC) is responsible for underwriting credit products for clients in Bank of America's Global Corporate and Investment Bank (GCIB). EC partners with teams across Corporate and Investment Banking, Sales & Trading and Global Treasury Management to drive revenue growth while maintaining appropriate risk disciplines specific to GCIB's corporate credit portfolio. Integral to EC's mission is to effectively manage and monitor the credit and market risks inherent in the client portfolio. The Subsidiaries business focus on the partnership and coordination both with local Relationship Managers and Global Credit Officers in order to approve and execute credit facilities to Brazilian Subsidiaries of Global Relationships.

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.

Responsibilities

• Credit Analysis of Brazilian Subsidiaries of Global Corporate and Financial Institution clients;

• Engage Global Credit and Banking teams to obtain credit allocations

• Work with Legal teams to analyze, opine and liaise with Global Credit Officers on the Legal Documentation;

• Participate in due diligence sessions and client-facing meetings;

• Be accountable for active client monitoring with a regular review and update of the analysis of counterparties and existing risk ratings as well as industry trends and news flow;

• Engage in other credit related activities including presentations to senior management and local regulatory attributions;

Core skills and requirements

• Bachelor's degree in Accounting, Business Administration, Economics or Engineering
• 2 to 4 years of experience (internship or full time) in Credit areas of Financial Institutions, Equity/Fixed Income Research, Rating Agencies or related areas
• Fluent in English and Portuguese. Spanish knowledge will be considered a key differentiator
• Strong analytical and technical skills, including financial accounting
• Ability to understand and represent more complex oriented transactions/deals in oral & written form
• Solid MS Word, Excel and PowerPoint.
• Expertise in applying AI to programming and building intelligent Excel models and workflows is considered a key differentiator
• Team player, excellent communication and interpersonal skills, proactive and hands-on approach