Bank of America Logo

Bank of America

Credit Support Associate II/III- Commercial Credit

Reposted 17 Days Ago
In-Office
Chicago, IL, USA
31-49 Hourly
Entry level
In-Office
Chicago, IL, USA
31-49 Hourly
Entry level
Support Credit Officers with underwriting, monitoring, and portfolio management for commercial lending. Coordinate pre- and post-closing activities, perform due diligence and document verification, create and clear monitoring ticklers, resolve data quality issues, and liaise with credit teams, operations, and partners. Ensure policy compliance and identify operational efficiency improvements.
The summary above was generated by AI

Job Description:

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 impact 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!

Job Description:
This job is responsible for supporting Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. Key responsibilities include managing end-to-end processes involving credit underwriting, ongoing monitoring, and portfolio management of financing, treasury management, and traded products transactions. Job expectations include acting as a primary liaison with the credit teams, operations, and other business partners.

Responsibilities:

  • Coordinates pre- and post-closing activities which may include due diligence activities, creation of approval documents, and interaction with operations

  • Monitors requirements by creating and clearing monitoring ticklers and sourcing required financial statements and other documents per the terms of the credit agreement or other documentation

  • Identifies and resolves data quality issues

  • Identifies opportunities to improve operational efficiency

  • Understands policy and procedures and ensures compliance

Required Qualifications:

  • Credit Guidelines and lending procedures

  • Underwriting systems

  • Credit documentation verification

  • Commercial Lending and Commercial products

Desired Qualifications:

  • Time management

  • Organization

  • Portfolio monitoring​

Skills:

  • Attention to Detail

  • Data Collection and Entry

  • Record Keeping

  • Oral Communications

  • Written Communications

  • Collaboration

  • Customer and Client Focus

  • Planning

  • Prioritization

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

**Role can be filled as a level II or III at manager's discretion

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CT - Hartford - 185 ASYLUM ST - CITY PLACE 1 (CT2500), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - WA - Seattle - 401 Union St - Rainier Square (WA1510)

Pay and benefits information

Pay range$31.00 - $49.30 hourly pay, 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.

Similar Jobs

5 Hours Ago
Remote or Hybrid
45K-85K Annually
Junior
45K-85K Annually
Junior
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Handle inbound and warm insurance sales leads, consult with customers to match coverages, convert leads to policyholders, complete paid licensing and remote training, work scheduled shifts including weekends, and maintain required work-from-home technology and space.
Top Skills: Dsl)FiberHigh-Speed Internet (CablePc
Entry level
Fintech • Financial Services
Provide roaming, front-line personal banking support across multiple branch locations: open accounts, process transactions, handle cash/teller duties, conduct discovery conversations, make referrals, promote solutions, and support branch operations while adhering to compliance, risk controls, and digital tools.
7 Hours Ago
Hybrid
31-58 Hourly
Senior level
31-58 Hourly
Senior level
Fintech • Financial Services
Lead and develop a branch team to drive sales, deepen customer relationships, and meet deposit, lending, and investment goals. Coach bankers, manage performance, partner with internal sales partners, promote digital banking, and balance growth with operational risk management and compliance.

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account