Credit Officer – Leasing​/Asset Finance

Job Overview

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths – whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impacting the communities we serve.

Bank of America is committed to an in‑office culture that supports collaboration, engagement, and career development. Our approach includes clear in‑office expectations while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This job is responsible for assisting in the delivery of integrated credit solutions to clients as well as on‑going portfolio management. Job expectations include providing on‑going monitoring of client portfolios, ensuring accurate and timely analysis of financial statements, assignment of risk ratings, and required client reviews. Support the end‑to‑end credit management process for the Leasing portfolio, partnering with Credit Underwriters and Portfolio Management officers to provide on‑going monitoring of Leasing portfolios.

Ensure adherence to Credit Policy, process, procedures and regulatory guidelines. Focus on compliance with Credit monitoring metrics.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

• Data verification of new deals on source systems
• Monitoring credit compliance and past‑due exceptions; ensuring data integrity; and sourcing of financial statements and covenant compliance certificates
• Proactively ensures timely follow‑up of credit monitoring activities to facilitate a sound credit portfolio

• 1+ years of Commercial and/or Leasing credit related experience
• Computer proficiency including Excel, Word, Outlook and other applications
• Ability to accomplish objectives in a specified timeframe
• Exhibit professional maturity
• Works effectively, both as a team member and independently

• Undergraduate and or business degree

• Analytical Thinking
• Credit and Risk Assessment
• Financial Analysis
• Research Analysis
• Underwriting
• Attention to Detail
• Business Acumen
• Financial Forecasting and Modeling
• Loan Structuring
• Written Communications
• Business Development
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Stakeholder Management

1st shift (United States of America)

40

US - RI - Providence - 1 Financial Plz - 1 Financial Plaza (RI1537)

Pay range $68,000.00 - $ annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits:
This role is currently benefits eligible. We provide industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.