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Financial Analysis & Monitoring (FAM) Specialist

AT Bank of America
Bank of America

Financial Analysis & Monitoring (FAM) Specialist

St. Louis, MO

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

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

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Job Description:
Financial Analysis & Monitoring (FAM) Specialist is responsible for monitoring and managing the credit quality and data integrity of assigned GWIM credit relationships to facilitate a sound credit portfolio. Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviews. Also responsible for preparation of IFARs and FARs as assigned. Provides additional credit support to underwriting teams as requested.

Responsibilities:

  • Responsibilities include the timely delivery of technically accurate spreads and risk rating scorecards using in-depth analysis of personal financial statements and tax returns to ensure the timely follow-up of loan monitoring activities and annual exposure reviews
  • Responsible for preparation of IFARs and FARs as assigned. Provides additional credit support to underwriting teams as requested
  • Provides additional credit support to underwriting teams as requested

Required Qualifications:

  • 2+ years' experience in the commercial banking, private banking, leasing, or finance industry
  • Strong Written and Verbal Communication skills
  • Well organized and able to work independently, manage multiple assignments, and meet deadlines
  • Strong Leadership and Teamwork and ability to work with others
  • PC Proficiency including Excel, Word, Outlook and other applications

Desired Qualifications:

  • 2+ years of Commercial or Private Banking Underwriting, credit analysis or equivalent
  • Bachelor's Degree in Business Administration, Finance, Accounting, or Economics
  • Working knowledge of financial balance sheets

Skills:

  • Attention to Detail
  • Financial Accounting
  • Financial Analysis
  • Oral Communications
  • Prioritization
  • Problem Solving
  • Written Communications
  • Analytical Thinking
  • Collaboration
  • Critical Thinking
  • Data Management
  • Underwriting

Shift:
1st shift (United States of America)

Hours Per Week:
40

Client-provided location(s): St. Louis, MO, USA
Job ID: BankOfAmerica-JR-25008645
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • On-Site Gym
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Sabbatical
  • Financial and Retirement

    • Performance Bonus
    • Company Equity
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program