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Global Markets Monitoring & Controls

Company: Bank of America
Location: Chicago
Posted on: June 25, 2022

Job Description:

Global Markets Monitoring & ControlsNew York, New York;Chicago, Illinois; Charlotte, North Carolina**Job Description:**Global Markets Credit (GMC) organization is responsible for credit underwriting, ongoing monitoring and portfolio management of Global Markets (GM) financing and traded products transactions.GMC Monitoring & Controls Key responsibilities:--- Support and assist Credit Officers on a daily basis in the management of their portfolios, including the review of global credit facilities.--- Creation of credit approval documents for new, renewed and amended trading, loan and GTS facilities, and the processing of these through the bank systems of record.--- Review Credit Agreements to identify key financial reporting requirements, create tracking and monitor receipt of the same.--- Create, maintain and monitor credit and financial events and manage exceptions.--- Review approved credit approval documents to ensure compliance with bank policy and procedures.--- Use Tableau dashboard to proactively manage adherence to key metrics.--- Respond to inquiries from credit officers and other business partners. Investigate and resolve incoming queries relating to the portfolio.--- Maintain accurate document records.--- Produce ad-hoc and prescribed reporting.--- Identify and resolve data quality issues.**Required Skills:**--- College graduate or equivalent and/or track record of relevant experience--- Institutional banking experience and knowledge of lending products--- Good communication skills, both written and oral - ability to be concise and with attention to accuracy and detail; ability to influence business partners and stakeholders--- Good interpersonal skills and team player with a proactive attitude and ability to think independently and laterally--- Able to quickly absorb and follow credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.--- Strong work organizational skills with an ability to work under pressure to ensure commitment deadlines are met. Ability and willingness to work as part of a team is essential--- Strong technical skills including Word, Excel, PowerPoint**Desired Skills:**Familiarity with legal documentation (Credit Agreements, ISDA/CSA, GMRA, F & O)**Job Band:**H6**Shift:**1st shift (United States of America)**Hours Per Week:**40**Weekly Schedule:**Mon-Friday 8-5**Referral Bonus Amount:**0**Job Description:**Global Markets Credit (GMC) organization is responsible for credit underwriting, ongoing monitoring and portfolio management of Global Markets (GM) financing and traded products transactions.GMC Monitoring & Controls Key responsibilities:--- Support and assist Credit Officers on a daily basis in the management of their portfolios, including the review of global credit facilities.--- Creation of credit approval documents for new, renewed and amended trading, loan and GTS facilities, and the processing of these through the bank systems of record.--- Review Credit Agreements to identify key financial reporting requirements, create tracking and monitor receipt of the same.--- Create, maintain and monitor credit and financial events and manage exceptions.--- Review approved credit approval documents to ensure compliance with bank policy and procedures.--- Use Tableau dashboard to proactively manage adherence to key metrics.--- Respond to inquiries from credit officers and other business partners. Investigate and resolve incoming queries relating to the portfolio.--- Maintain accurate document records.--- Produce ad-hoc and prescribed reporting.--- Identify and resolve data quality issues.**Required Skills:**--- College graduate or equivalent and/or track record of relevant experience--- Institutional banking experience and knowledge of lending products--- Good communication skills, both written and oral - ability to be concise and with attention to accuracy and detail; ability to influence business partners and stakeholders--- Good interpersonal skills and team player with a proactive attitude and ability to think independently and laterally--- Able to quickly absorb and follow credit policies and procedures; demonstrated ability to continuously learn and adapt with a proactive work ethic.--- Strong work organizational skills with an ability to work under pressure to ensure commitment deadlines are met. Ability and willingness to work as part of a team is essential--- Strong technical skills including Word, Excel, PowerPoint**Desired Skills:**Familiarity with legal documentation (Credit Agreements, ISDA/CSA, GMRA, F & O)**Shift:**1st shift (United States of America)**Hours Per Week:**40Learn more about this roleFull timeJR-22019467Band: H6Manages People: NoTravel: NoManager:Talent Acquisition Contact:Sade Barnes [C]Referral Bonus:0Bank 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.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America's Drug-free workplace and alcohol policy, CLICK HERE .

Keywords: Bank of America, Chicago , Global Markets Monitoring & Controls, Other , Chicago, Illinois

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