Sr. Leasing Sales Support Assoc

Bank of America • Duluth, MN

1d • $77,000 - $116,100 • Onsite

About The Position

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: Essential Functions: Associate at this level is responsible for establishing and maintaining strategic relationships with the designated Originations team in support of the line of business. This includes ongoing interaction with clients and business partners to support achievement of team goals, client retention and satisfaction, risk mitigation and revenue growth. Performs client/prospect/industry sector research Drafts proposal letters and term sheets Develops pitch books Provides systems support to designated Originations team General liaison with clients/bankers Processes awarded deals through internal system and monitors to ensure expeditious underwriting, documentation and funding of transactions. Acts in the capacity of a program manager for the processing of periodic funding under master lease lines or tranche funding’s. Partners with internal team members to assist with Know Your Customer onboarding. This position is posted as a Sr. Leasing Sales Support Associate, but is flexible to be filled as a Leasing Sales Support Associate based on the skill set / experience of the candidate.

Requirements

• Minimum of 5+ years of experience in the financial services industry with responsibility for processing and closing equipment financing transactions.
• Experience in leasing and secured lending products/solutions preferred.
• Broad knowledge of leasing and secured lending products/solutions
• General knowledge in tax accounting, GAAP accounting, asset valuation and commercial/tax/bankruptcy law
• Strong analytical and financial analysis skills
• Strong communication skills
• Results oriented -- ability to accomplish objectives within a specified timeframe
• Strong attention to detail
• Works effectively, both as a team member and independently
• Proficiency with MS Office software applications
• Exhibits professional maturity, strong interpersonal skills and client focus
• Nominal travel
• Bachelor's degree in accounting, finance, economics, or other business concentration, or relevant work experience

Responsibilities

• establishing and maintaining strategic relationships with the designated Originations team
• ongoing interaction with clients and business partners to support achievement of team goals, client retention and satisfaction, risk mitigation and revenue growth
• Performs client/prospect/industry sector research
• Drafts proposal letters and term sheets
• Develops pitch books
• Provides systems support to designated Originations team
• General liaison with clients/bankers
• Processes awarded deals through internal system and monitors to ensure expeditious underwriting, documentation and funding of transactions
• Acts in the capacity of a program manager for the processing of periodic funding under master lease lines or tranche funding’s
• Partners with internal team members to assist with Know Your Customer onboarding

Benefits

• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level