National Black Mba Association
Commercial Associate-Global Commercial Banking-Healthcare, Education, Not-for-Pr
National Black Mba Association, Boston, Massachusetts, us, 02298
Job Description:
Below covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.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 to be based in Boston, MA. 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 reviewsCollaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client dealsObserves and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit productsObserves and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processesSupports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transactionSupports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunitiesSkills:Financial AnalysisFinancial ModelingProspectingBusiness DevelopmentRelationship BuildingReferral IdentificationCritical ThinkingProblem SolvingRisk ManagementMarket AnalysisData and Trend AnalysisData VisualizationContinuous ImprovementClient ManagementProject ManagementRequirements:Bachelor’s Degree in Accounting, Finance, or related area (or equivalent experience)Minimum 3-5 years of previous business experienceDemonstrates initiative/self-motivationPossesses strong interpersonal skillsPossesses strong analytical and financial modeling skillsPossesses understanding of corporate financial statementsDemonstrates strong critical thinkingDemonstrates the ability to independently make decisionsKnowledge and proficiency of internal/external programs such as Navigator, GUS, Cape, Pitchbook, Factset, SalesForce, etcPreferred:Completion of Commercial Credit Training ProgramDesire to work with Healthcare, Higher Education, and Not for Profit Institutions to develop new business relationships and grow the business with existing clientsShift:
1st shift (United States of America)Hours Per Week:
40
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Below covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.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 to be based in Boston, MA. 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 reviewsCollaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client dealsObserves and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit productsObserves and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processesSupports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transactionSupports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunitiesSkills:Financial AnalysisFinancial ModelingProspectingBusiness DevelopmentRelationship BuildingReferral IdentificationCritical ThinkingProblem SolvingRisk ManagementMarket AnalysisData and Trend AnalysisData VisualizationContinuous ImprovementClient ManagementProject ManagementRequirements:Bachelor’s Degree in Accounting, Finance, or related area (or equivalent experience)Minimum 3-5 years of previous business experienceDemonstrates initiative/self-motivationPossesses strong interpersonal skillsPossesses strong analytical and financial modeling skillsPossesses understanding of corporate financial statementsDemonstrates strong critical thinkingDemonstrates the ability to independently make decisionsKnowledge and proficiency of internal/external programs such as Navigator, GUS, Cape, Pitchbook, Factset, SalesForce, etcPreferred:Completion of Commercial Credit Training ProgramDesire to work with Healthcare, Higher Education, and Not for Profit Institutions to develop new business relationships and grow the business with existing clientsShift:
1st shift (United States of America)Hours Per Week:
40
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