Commercial Associate - Healthcare & Institutions – Boston, MA

Bank of America


Location:
Boston, MA
Date:
09/19/2017
2017-09-192017-10-19
Job Code:
bankofamerica-17012686BostonMA
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Job Details

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Company Bank of America

Job Title Commercial Associate - Healthcare & Institutions – Boston, MA

Jobid bankofamerica-17012686BostonMA

Location: Boston, MA, 02133, USA

Description **Job Description:**



Bank of America's Specialized Industries Banking group is seeking a Commercial Associate for our Healthcare & Institutions Group. The Healthcare and Institutions group is part of the Commercial Bank which serves public and private companies, generally with annual revenues of $50 million to $2 billion. H&I also supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges and K-12 schools, cultural, professional and social service organizations. Primary responsibilities are focused on developing business development skills and increased proficiency in the financial services/products that Bank of America delivers to our healthcare clients. This position will be based in Boston.



The Commercial Associate participates as an integral member of the core Client Team, working with commercial clients. Develops, participates and/or presents client/client team presentations (economic updates, markets forecasts, industry updates, industry valuations), pitch books and relationship reviews. Participates in the credit approval process in order to gain exposure to Credit products and the decision/approval process. Participates in treasury solutions packaging in order to gain exposure to Treasury products/services and their related approval/support processes. Coordinates with product partners, deal team members and clients throughout the course of a transaction. Delivers financial, industry, and economic analyses and other activities to facilitate decision making with comprehensive and in-depth company and industry research. Responsible for new business analytics to support the client teams, focusing on enhancing existing relationships, and identifying opportunities for up-tiering. Monitors Plus One activities across multiple portfolios in order to identify opportunities for expanding client relationships. Work efforts must be thorough and focused, exhibiting strong oral and written communication skills. Able to work with minimal supervision on assigned tasks, and is able to connect analytical work to the client needs and strategic objectives. Qualifies early in role and develops later in role.



**Requirements:**



Bachelor’s Degree in Accounting, Finance, or related area

Completion of Commercial Credit Training Program

Minimum 3 - 5 years of previous business experience

Demonstrates initiative / self-motivation

Possesses strong interpersonal skills

Possesses strong analytical and modeling skills

Possesses understanding of corporate financial statements

Demonstrates strong critical thinking

Demonstrates the ability to independently make decisions

Licensing will be required

Knowledge and proficiency of internal/external programs such as Navigator, GUS, CapIQ, Pitchbook, Factset, etc



**Desired:**



Desire to work in Specialized Industries with an interest in Healthcare, Education & NFP Institutions



**Posting Date** : 02/23/2017



**Location** : US-MA-Boston



**Travel** : No



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



**Hours Per Week** : 40



**Shift** : 1st shift



**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.



Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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