8 hours
2017-12-102018-01-09

SAG Financial Analyst

Bank of America
Pasadena, CA
  • Job Code
    bankofamerica-17055857PasadenaCA
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Company Bank of America

Job Title SAG Financial Analyst

Jobid bankofamerica-17055857PasadenaCA

Location: Pasadena, CA, 91116, USA

Description **Job Description:**



The Special Assets Group (SAG) manages the high risk/criticized or distressed commercial loan portfolio for the Business Banking and Small Business segments of Bank of America.



SAG Financial Analysts - Analyze financial information of bank's commercial customers. Participate in the underwriting and structuring of credit facilities designed to meet both clients’ needs and the bank's internal risk/return requirements. Research, write and present financial and industry analyses in support of company specific and portfolio level decisions.



+ Strong accounting skills

+ Understanding of commercial lending is a must

+ Background in commercial financial analysis and underwriting

+ Highly motivated individuals with the ability to manage multiple tasks while utilizing critical thinking skills

+ Strong written and verbal skills are needed

+ Word and Excel skills are mandatory



**Responsibilities include:**



+ Spreading financial statements

+ Monitoring and analysis of borrowing bases

+ Monitoring covenant compliance

+ Preparing risk rating scorecards

+ Preparing term sheets

+ Clearing risk exceptions

+ Assisting in the preparation of approval documents and SERs

+ Completing research including research to support litigation

+ Collateral review/analysis

+ Contacting clients for information, overdrafts, past dues

+ Assisting with OCC reporting

+ Producing accurate loan forecasts

+ Ad hoc projects asneeded



**Required skills and experience** :



+ BS or BA in finance, accounting, economics or management

+ Proficient in using financial spreading tools (i.e. MFA)

+ Preparing a financial analysis including in depth analysis of repayment capacity

+ Proficient in MS Word and Excel

+ Excellent verbal and written communication skills



**Desired Skills:**



+ 1-2 years commercial underwriting experience



**Posting Date** : 08/14/2017



**Location** :

Pasadena, CA, 101 S Marengo Ave (CA9702),

Seattle, WA, FIFTH AVENUE PLAZA, 800 5TH Ave,

- United States



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Weekly Schedule** : Full time: 8:30am - 5:30pm



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



Categories

  • Financial Services

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SAG Financial Analyst

Bank of America
Pasadena, CA

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Bank of America
Pasadena, CA

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