Agency Management Officer II

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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 closing complex syndicated credit facilities for which Bank of America is the administrative agent. Key responsibilities include reviewing loan agreements, managing issues and interfacing with internal/external partners and clients. Job expectations include maintaining integrity of deal and contract databases, clear communication and effectively managing workload. Additional responsibilities may include reviewing new deals, amendments, waivers, and consents.

Responsibilities:

 

• Ensures loan agreement compliance with Bank standards and operational feasibility
• Identifies and manages issues proactively 
• Handles requests from, and provides strategic direction to, internal and external business partners and clients
•  Demonstrates proficiency in credit products, the syndication process and governing documents
• Communicates clearly and with impact/influence to stakeholders and partners
• Thinks critically and maintain a high level of attention to detail

 Skills:

• Due Diligence
• Prioritization
• Relationship Building
• Adaptability
• Client Management
• Policies, Procedures, and Guideline
• Written Communications
• Analytical Thinking
• Data Collection and Entry
• Oral Communications
• Research

Line of Business Specific Job Description:

Agency Management Officers (AMO) handle all multi-bank (syndicated) deals in the Commercial and Corporate lending units.  AMOs become involved in the beginning “pitch” stage.  AMOs lead the transaction closing and continue managing the relationship through the deals lifespan administering the contractual provisions.  These responsibilities include leading the activities around amendments, waivers, and consents.

The Agency Management Officer (AMO) has two distinct client bases:  the Borrower client and the Lender clients.   Business partners include Global Capital Markets (Syndicated Loans), Internal and External Legal Counsel, Credit and Portfolio Officers, Client Managers, and many internal operational support units. AMOs demonstrate time schedule flexibility to accommodate deal closing requirements. Responsibilities include, but not limited to:  

• Agency Management Officers (AMO) handle all multi-bank (syndicated) deals in the Commercial and Corporate lending units
• AMOs become involved in the beginning “pitch” stage
• AMOs lead the transaction closing and continue managing the relationship through the deals lifespan administering the contractual provisions
• These responsibilities include leading the activities around amendments, waivers, and consents

Required Qualifications:

• Experience with the Syndicated Loan environment and process
• Loan customer service experience
• Ability to play team “quarterback” leadership role in deal/amendment closing process
• Strong communication skills; able to target messaging to different audiences
• Ability to navigate the enterprise; research and resource information across the bank
• Highly organized, proactive, and able to plan, prioritize and manage deliverables
• Strong ability to influence, negotiate and lead diverse groups to achieve desired results
• Applies critical thinking to analyze, identify and deal with legal, business, reputation, and operational risk
• Adapts well to a quickly evolving environment
• Ability to influence well and negotiate skillfully

Desired Qualifications:

• Commercial credit lending and portfolio management experience
• Knowledge of GCB (Global Corporate Band)/GIB (Global Investment Bank) environment, organizational alignment, strategic priorities

Minimum Education Requirement:

• High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540)

Pay and benefits information

Pay range$79,600.00 - $100,000.00 annualized salary, 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.