Commercial Associate

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

Bank of America is seeking a Commercial Associate for our Global Commercial Banking team in Vancouver.

Global Commercial Banking (GCB) serves over 9,100 clients with annual revenues of $50 million to more than $2 billion. GCB serves primarily U.S. and Canadian clients, working to deliver a full suite of financial solutions, including the international needs of our clients' overseas subsidiaries.

GCB is organized by industry and geography, to deliver both local coverage and industry expertise. Our unique client coverage model and close partnerships with other businesses in Global Banking & Markets plus Global Wealth & Investment Management and Consumer Banking and Small

Business, enable our commercial client teams to seamlessly deliver all the company's capabilities as integrated solutions.

The position offers a steep learning curve, is focused on enhancing business development skills and proficiency in the financial services/ products which support our Clients' objectives and affords the opportunity to work with many product and enterprise partners throughout the organization.

Primary responsibilities of the Commercial Associate (CA) are focused around working with Relationship Managers and their client teams to help deliver the financial services/products and consultative advice that Bank of America delivers to our Commercial Banking clients.

This job is responsible for delivering analytical research and developing innovative strategies to support client/prospects' needs. Key responsibilities include working closely with various banking partners to help create client/prospect presentations and providing support throughout the course of the transaction.

Job expectations include leveraging data to help tell stories, uncovering valuable insights such as economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.

The CA role is a developmental role for future client-facing associates, specifically Relationship Managers.

Responsibilities

• Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
• Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
• Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products
• Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
• Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
• Supports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunities

Qualifications

• Bachelor's degree in accounting, Finance, or related field or comparable relevant work experience
• Completion of Commercial Credit Training Program preferred
• Minimum 3-5 years of previous business experience
• Demonstrates initiative/self-motivation
• Possesses strong interpersonal skills
• Possesses strong analytical and financial modeling skills
• Possesses understanding of corporate financial statements
• Demonstrates strong critical thinking
• Demonstrates the ability to independently make decisions
• Knowledge and proficiency of internal/external programs such as Navigator, GUS, Cape, Pitch book, Fact set, Salesforce, etc.

Desired Qualifications

• Relationship Building
• Data Visualization
• Continuous Improvement
• Project Management
• Client Management
• Referral Identification
• Financial Analysis
• Data and Trend Analysis
• Risk Management
• Market Analysis
• Business Development
• Client Solutions Advisory
• Pipeline Management

What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America is an Equal Opportunity Employer

Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.

Shift:

Hours Per Week:
37.5