Bank of America
Approval Officer I – Practice Solutions
Westerville, Ohio;Newark, Delaware
Job Description:
Bank of America Practice Solutions is a specialized lending unit that focuses on licensed medical professionals including Dentists, Physicians and Veterinarians. Applies credit skills and product knowledge to analyze and decide on a wide variety of business purpose loans for small business clients. Makes loan decisions, obtains Credit Policy and lending authority concurrence as appropriate and informs the originating sales associate of acceptance, decline or counteroffer decisions. The Approval Officer I will typically have 1 to 3 years credit underwriting experience and is able to underwrite credit transactions with minimal oversight utilizing independent judgment and discretion to decision loans. They deliver financial, industry, economic and other analysis used to recommend and approve loans. The AOs exercise their own single signature loan authority while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The AO will be called on to interview customers to obtain background and financial information in the process of rendering a decision.
Job Band:
H5
Shift:
1st shift (United States of America)
Hours Per Week:
40
Weekly Schedule:
Referral Bonus Amount:
0
Job Description:
Bank of America Practice Solutions is a specialized lending unit that focuses on licensed medical professionals including Dentists, Physicians and Veterinarians. Applies credit skills and product knowledge to analyze and decide on a wide variety of business purpose loans for small business clients. Makes loan decisions, obtains Credit Policy and lending authority concurrence as appropriate and informs the originating sales associate of acceptance, decline or counteroffer decisions. The Approval Officer I will typically have 1 to 3 years credit underwriting experience and is able to underwrite credit transactions with minimal oversight utilizing independent judgment and discretion to decision loans. They deliver financial, industry, economic and other analysis used to recommend and approve loans. The AOs exercise their own single signature loan authority while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The AO will be called on to interview customers to obtain background and financial information in the process of rendering a decision.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Learn more about this role
Full time
JR-21062102
Band: H5
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Robert Caulfield
Referral Bonus:
0
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 .