Merrill Lynch Bank Usa Work Values

Daily Duties at Merrill Lynch Bank Usa:

My responsibilities were related to the loans made to corporate clients and included but were not limited to the following: • Managed relationships with clients, investment banking relationship teams, legal counsel, other bank groups, compliance, finance & accounting, and senior management to design and execute banking transactions • Participated in various credit committee meetings convened to analyze and evaluate the credit, legal, regulatory, and business related issues for new and renewing loan transactions • Coordinated internal approval process for all loan transactions being considered by the Bank. • Reviewed all loan documents with legal counsel to identify and resolve any potential legal or business issues • Perform due diligence to identify any compliance related issues including OFAC, AML, PEP, etc. • Perform regulatory due diligence to identify issues pertaining to 23A & B, Reg O, Reg U etc. • Coordinated the execution and funding of loan facilities • Assisted in the marking and pricing of existing loan commitments and make recommendations to hold or sell part or all of our loan commitments due to individual company exposure or industry concentration exposure • Managed the collection of all relevant loan documents to ensure complete and accurate loan files • Monitored loans in portfolio to ensure receipt and accuracy of all financial covenants • Managed relationships with FDIC, Utah Department of Financial Institutions (“UDFI”), internal corporate auditors, compliance, finance and senior management • Accessed and managed the business, regulatory, credit and market risk for my loan portfolio • Determined appropriate risk levels and manage through loan sales and hedging

What they like about Merrill Lynch Bank Usa:

Working for a company with an emphasis on social values and helping society is a clear and important priority for you - a critical factor in who you choose to work for. In contrast to other factors, you place an organization's reputation for fairness and concern for the community above most other aspects of the company. As you search for a new job opportunity, it is usually possible to find out if the company is involved in the community and/or if it is addressing problems and issues in society. Pay special attention to non-profit organizations and those specifically involved in social action. Moreover, speaking with current and former employees should enlighten you to perceptions of the fairness of the company's leaders and the treatment of employees.

Tags

Portfolio Manager, Credit Analyst, Banking, Compliance, Operations, Management

Skills

These are some of the questions we asked our climbers about their experiences with Merrill Lynch Bank Usa: