Commercial Associate Role - Rochester, United States - Bank of America

Bank of America Rochester, United States

5 days ago

Description

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 Summary:
The Bank of America Middle Market segment is seeking a Commercial Associate to join

ourUpstate, NY

Team.

The Middle Market segment of the Global Commercial Bank serves public and private companies with annual revenues of $50 million to $2 billion.

The position offers a steep learning curve, is focused on enhancing business development skills and proficiency in the financial services / products which support our Middle Market Clients' objectives, and affords the opportunity to work with many product and enterprise partners throughout the organization.

Primary responsibilities of the Commercial Associate (CA) are focused on working with Relationship Managers and their client teams to help deliver the financial services/products and consultative advice that Bank of America delivers to our Middle Market clients.

The CA role is a developmental role for future client-facing associates, specifically Relationship Managers. Position may be hired as a Commercial Associate I, II, or III dependent upon experience.

This position can belocated in Albany, Rochester, Syracuse or Buffalo, NY.

Job Description:
This job is responsible for delivering analytical research and developing innovative strategies to support client/prospects' needs.

Key responsibilities include working closely with various banking partners to help create client/prospect presentations and providing support throughout the course of the transaction.

Job expectations include leveraging data to help tell stories, uncovering valuable insights such as economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.

Responsibilities:
Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products
Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
Supports the delivery of new business analytics and monitors client activities as directed to aid with

identifying/expanding

relationships and maintaining and/or enhancing business opportunities

Required Qualifications:
Minimum 3 years of previous business experience
Demonstrates

initiative/self-motivation
Possesses strong interpersonal communication skills
Possesses strong analytical and financial modeling skills
Proficient in reading & interpreting corporate financial statements
Demonstrates strong critical thinking skills
Demonstrates the ability to independently make decisions

Desired Qualifications:
Bachelor's Degree in Finance, Accounting, or related area
Formal Commercial Credit Training

Skills:

Relationship Building
Data Visualization
Continuous Improvement
Project Management
Client Management
Referral Identification
Financial Analysis
Data and Trend Analysis
Risk Management
Market Analysis
Business Development
Client Solutions Advisory
Pipeline Management

Minimum Education Requirement:
Bachelor's Degree in related field or equivalent work experience

Shift:
1st shift (United States of America)

Hours Per Week:
40
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