Bank of America
Commercial Associate-Global Commercial Banking-Healthcare, Education, Not-for-Pr
Bank of America, Chicago, Illinois, United States, 60684
Commercial Associate-Global Commercial Banking-Healthcare, Education, Not-for-Profit GroupChicago, Illinois**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:**Bank of America's Healthcare, Education and Not-for-Profit Group (HENFP) is seeking a Commercial Associate. HENFP is part of the Global Commercial Bank which serves public and private companies, generally with annual revenues of $50 million to $2 billion. HENFP is unique, in that our client teams are dedicated to adding value providing bespoke products and solutions to Not-for-Profit Healthcare (Hospital systems), Private Higher Education, and Not For Profits with no upper limit on revenue size of those organizations (the largest exceed $20 billion in annual revenue).The Healthcare, Education & Not For Profit group supports the financial needs of a variety of 501(c) not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional, and social service organizations. 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 HENFP clients. The CA role is a developmental role for future client-facing associates, specifically Relationship Managers.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 withidentifying/expandingrelationships and maintaining and/or enhancing business opportunities**Skills:**+ Financial Analysis+ Financial Modeling+ Prospecting+ Business Development+ Relationship Building+ Referral Identification+ Critical Thinking+ Problem Solving+ Risk Management+ Market Analysis+ Data and Trend Analysis+ Data Visualization+ Continuous Improvement+ Client Management+ Project Management**Requirements:**+ Bachelor’s Degree in Accounting, Finance, or related area (or equivalent experience)+ Minimum 3-5 years of previous business experience+ Demonstrates initiative/self-motivation+ Possesses strong interpersonal skills+ Possesses strong analytical and financial modeling skills+ Possesses understanding of corporate financial statements+ Demonstrates strong critical thinking+ Demonstrates the ability to independently make decisions+ Knowledge and proficiency of internal/external programs such as Navigator, GUS, Cape, Pitchbook, Factset, SalesForce, etc**Preferred:**+ Completion of Commercial Credit Training Program+ Desire to work with Healthcare, Higher Education, and Not for Profit Institutions to develop new business relationships and grow the business with existing clients**Shift:**1st shift (United States of America)**Hours Per Week:**40Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (ol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (ol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.