Leasing Officer (Business Banking)
Auburn Hills, Michigan
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
Essential Functions:
The Business Banking Leasing Officer position requires the ability to establish relationships with the Bank Partners and Bank Customers as well as facilitate the day-to-day equipment finance transactions. This position requires strong organization, interpersonal, and problem-solving skills, and also the ability to handle multiple tasks in a fast-paced environment. Credit experience is preferred.
Package and drive all transactions through the closing process. This includes system set-up and information maintenance, invoice collection and review, credit approval review for policy compliance, working with internal partners to address any concerns or policy exceptions, shepherding transactions through the documentation process, resolving problems, internal and external communication, and acting as liaison between the BBEF Originator, client and business partners.
For referral transactions less than $250k, responsible for opportunity evaluation, pricing, structuring, term sheet preparation and presentation all on a direct basis with the Relationship Managers and clients.
Direct partnership with our Small Business Partners. Work directly with our Small Business partners and clients, structuring transactions to best fit the client's needs, confirming that the industry, equipment and credit all fit within Business Banking Equipment Finance guidelines. Price, structure, prepare and present term sheets, obtain client acceptance, and package and drive transactions through the closing process.
Required Skills: "Must" have these skills to be minimally qualied
- 3+ years of lending or banking experience; equipment finance/leasing and credit underwriting experience preferred.
Desired Skills:
Solid knowledge of financial concepts
Customer/client relationship management
Customer/client industry knowledge
Proven negotiation skills; sound business judgment
Strong verbal and written communication skills
Exhibit teamwork
Highly organized with strong multitasking skills
Work effectively with internal partners and competing priorities
Knowledge of other bank products beneficial
Proficiency with MS Office software applications
SuperTrump, Dealflo, Navigator and LMS experience preferred, but not required
High energy individual who acts with a sense of urgency and can drive transactions to completion
Bachelor's degree or equivalent work experience
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank 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 .