What’s Bank of America like in terms of their business, the role, and the work culture?

Well, the Credit Analyst III, or FAM Specialist, mainly manages a portfolio of asset-based structured loans. They keep an eye on financial and collateral trends, review loan modification requests, analyze financial performance, and prepare recommendations for approvals. It’s all about making sure the loans are sound and the clients are well-supported!

You’ll need about 3 to 5 years of experience in credit analysis, accounting, or financial analysis. Plus, having at least 2 years of experience with commercial credit policies and procedures is important. It’s all about having a solid background in understanding credit risk!

You’ll want to be really good at analyzing complex financial information, like personal and business financial statements. Being proficient with tools like Excel and various loan management systems is also key. And, of course, having strong communication skills to convey your findings to the team is super important!

Yeah, familiarity with tools like Excel, Outlook, Loan IQ, and the Risk Rating Scorecard is essential. You’ll be using these daily to analyze data and communicate your findings effectively.

They really focus on being a great place to work! It’s an in-office culture, but they also offer some flexibility based on your role. They emphasize inclusivity and support for their teammates’ overall wellness, which is pretty great!