Credit Officer - Renewable Energy Finance
Charlotte, North Carolina;New York, New York
**Job Description:**
Embedded across the banks eight lines of business, the formation of
Environmental, Social and Governance (ESG) Credit reflects how the
bank helps fuel the global economy, build trust and credibility, and
represent a company that people want to work for, invest in, and do
business with. The ESG Credit team will support the continued growth in
sustainable, renewable, and green finance and further deliver on the
banks commitment to help society transition to a low-carbon economy.
The Credit Officer effectively executes broad credit risk management
responsibilities within Enterprise Credit/Specialty Finance.
Responsibilities include:
- Primary account responsibility for complex transactions originated by
the Global Sustainable Finance Group (GSFG). Transaction types include
tax equity investment, project finance debt, bridge financing, revolving
debt facilities, and interest rate/FX hedging for non-recourse
transactions. Transactions are executed in solar, wind, and other renewable sectors. - Understand complex transactions and negotiate credit documentation to mitigate risk appropriately - Solid communication and presentation skills; team player with a positive attitude - Develop and maintain a deep understanding of the industry and an assigned portfolio of clients to assess risk solutions that balance risk and return - Review stress scenarios, financial models, and engineer reports - Develop and maintain a deep understanding of the Global Banking & Markets product spectrum - Develop and maintain strategic partnerships with Corporate Banking, Investment Banking, Global Markets and Treasury Management - Independently develop high quality credit analysis with a focus on business rationale, key risks, sources of repayment, projections, and returns/profitability - Independently assess, diligence, and make justifiable credit recommendations - Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the clients credit life cycle - Participate in strategic projects to support business goals. - Informal management responsibility for Analysts and Associates on the team - Responsible for driving portfolio asset quality and speed to market
*Required Skills: Must have these skills to be minimally qualified. - 5+ years experience in commercial and /or corporate lending environment, with understanding of loans, trading, and treasury products - Able to soundly manage the portfolio and justify rationale for recommended transactions - Must have ability to manage the most complex transactions, possess strong credit skills and transaction experience, and demonstrate the ability to work with senior officers, business partners, and clients - Must be able to independently lead diligence efforts, make approval recommendations, negotiate loan documentation, and execute timely closings - Requires effective communication style and ability to manage multiple priorities - must be a team player
**Job Band:**
H5
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
0
**Job Description:**
Embedded across the banks eight lines of business, the formation of
Environmental, Social and Governance (ESG) Credit reflects how the
bank helps fuel the global economy, build trust and credibility, and
represent a company that people want to work for, invest in, and do
business with. The ESG Credit team will support the continued growth in
sustainable, renewable, and green finance and further deliver on the
banks commitment to help society transition to a low-carbon economy.
The Credit Officer effectively executes broad credit risk management
responsibilities within Enterprise Credit/Specialty Finance.
Responsibilities include:
- Primary account responsibility for complex transactions originated by
the Global Sustainable Finance Group (GSFG). Transaction types include
tax equity investment, project finance debt, bridge financing, revolving
debt facilities, and interest rate/FX hedging for non-recourse
transactions. Transactions are executed in solar, wind, and other renewable sectors. - Understand complex transactions and negotiate credit documentation to mitigate risk appropriately - Solid communication and presentation skills; team player with a positive attitude - Develop and maintain a deep understanding of the industry and an assigned portfolio of clients to assess risk solutions that balance risk and return - Review stress scenarios, financial models, and engineer reports - Develop and maintain a deep understanding of the Global Banking & Markets product spectrum - Develop and maintain strategic partnerships with Corporate Banking, Investment Banking, Global Markets and Treasury Management - Independently develop high quality credit analysis with a focus on business rationale, key risks, sources of repayment, projections, and returns/profitability - Independently assess, diligence, and make justifiable credit recommendations - Establish appropriate internal risk ratings for clients and implement accurate adjustments throughout the clients credit life cycle - Participate in strategic projects to support business goals. - Informal management responsibility for Analysts and Associates on the team - Responsible for driving portfolio asset quality and speed to market
*Required Skills: Must have these skills to be minimally qualified. - 5+ years experience in commercial and /or corporate lending environment, with understanding of loans, trading, and treasury products - Able to soundly manage the portfolio and justify rationale for recommended transactions - Must have ability to manage the most complex transactions, possess strong credit skills and transaction experience, and demonstrate the ability to work with senior officers, business partners, and clients - Must be able to independently lead diligence efforts, make approval recommendations, negotiate loan documentation, and execute timely closings - Requires effective communication style and ability to manage multiple priorities - must be a team player
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-22089451
Band: H5
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Brandie Newsome
Referral Bonus:
0
Bank 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.
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