SR AB Credit Officer

SR AB Credit Officer Location Atlanta, GA (Lenox area) : : At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! : The Senior Asset Based Credit Officer covers a portfolio of asset-based lending clients, with responsibility for delivering credit solutions and managing risk. Bank of America's Asset Based Finance (“ABF”) group provides asset-based loans to clients in the Global Commercial and Global Corporate and Investment Banks, partnering closely with relationship management and product partners. Typical focus is syndicated and sole lender facilities ranging in size from $20 million to up to $5 billion. The role will be client-facing, with primary responsibilities including analyzing client trends to identify opportunities and manage risk and growing funded loans and credit revenue. Additional responsibilities would include pitching credit opportunities, reviewing and negotiating legal documentation, and overseeing the work of junior associates, including analysis of financial performance and preparation of approval documents. The target candidate would be expected to handle more complex client relationships, as well as take a leadership role in managing bank groups and relationships with legal counsel, financial advisors, and financial sponsors. Some travel would be required to meet with clients. Job Responsibilities: Manages a portfolio of asset-based structured loans in the general industries space. Proactively identifies credit solutions and opportunities to grow funded loans and spreads. Actively monitors financial and collateral trends and recommend appropriate action. Review requests for loan modifications Analyzes financial performance, negotiates credit terms, drafts proposals, reviews and negotiates loan documents, and oversees preparation of recommendations for approval. Participates in building client relationships. Handles both performing credits as well as distressed/turnaround credits including managing accounts through restructurings and bankruptcy processes. Required Qualifications: ~5+ years' experience in asset-based lending, commercial banking, or private credit ~ Sound understanding of credit, transaction structuring, and financial and collateral analysis ~ Detailed understanding of legal documentation ~ Ability to draft concise, accurate and clear credit approvals with minimal oversight. Desired Qualifications: Bachelor's or Master's degree preferred or equivalent experience Formal Credit Training Experience with bankruptcy and restructuring matters Skills: Attention to Detail Client Management Decision Making Underwriting Credit Documentation Requirements Critical Thinking Portfolio Management Problem Solving Written Communications Financial Analysis Negotiation Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent Shift: 1st shift (United States of America) Hours Per Week: 40