Job Description:
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:
Provides analytical support to Global Leasing client teams (including Global Vendor Finance) throughout the sales process for a broad range of structured asset-finance transactions (including US True Leases, finance leases and loans) across a broad range of asset classes and markets. Responsible for integrating tax, accounting, credit, and other financial constraints in lease optimization models. Prepares pricing and other economic analyses for clients and coordinates with internal functional groups to finalize client pricing for funding and booking. Works independently with limited direction. May also be required to work on strategic analytic assignments and/or the development of analytical tools to support the Global Leasing business.
“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy."
Responsibilities:
Evaluate transaction economics (using a number of pre-tax and after-tax analytical metrics)
Price new transactions for both hold and sell, and model transactions around internal metrics and/or syndication market
Use creativity to optimize cash flows / structures
Advise on tax and other technical aspects of lease structuring and analysis
Prepare presentation materials for internal and external presentation
Prepare associated document schedules and pricing exhibits; and review / develop documentation as needed
Act as an analytical consultant and provide economic expertise and structuring solutions to the Leasing team, external clients, and management (both informally, and within formal transaction review / approval forums)
Provide support in identifying, analyzing and working through commercial, structural, tax and accounting issues
Point of contact for Credit, Risk, Finance, Tax, and Operations on economic / tax / structural / accounting questions or issues
Develop and maintain analytical models as needed
Required Qualifications:
3 + years of experience with complex financial analysis and/or financial modeling
Strong analytical / financial analysis skills with strong business acumen in the commercial banking industry
Expertise in use of Excel and/or specialized tools for cash flow optimization and analysis
Demonstrated experience working with Accounting, Tax, Credit, Operations and Documentation functions in the Leasing / Structured Asset Finance / Project Finance or similar sector
Confidence to challenge inefficient solutions and pro-actively escalate any concerns to the team
Bachelor’s Degree
Desired Qualifications:
Lease or Structured Asset Finance related work experience
Understanding of leasing or related asset finance products and technical expertise in associated lease taxation, accounting, or regulatory capital calculations
Proficiency in dedicated loan and lease pricing software (e.g. Ivory SuperTrump software)
Finance, or other business concentration with Mathematical/Computational bias preferred
Skills:
Attention to Detail
Issue Management
Lease Structuring
Prioritization
Written Communications
Analytical Thinking
Collaboration
Financial Forecasting and Modeling
Oral Communications
Problem Solving
Business Acumen
Continuous Improvement
Innovative Thinking
Reporting
Coding
Shift:
1st shift (United States of America)Hours Per Week:
40