Primary responsibility is to support loan related servicing on a complex Corporate and Commercial credit portfolio. With supervision, assist a Credit Servicing team to deliver the highest level of service to agents, lenders, borrowers, and internal business units while ensuring compliance with credit agreements, government regulations and policies/procedures. Support processing of credit facility transactions into the system of record with quality control validations.

Monitor assigned credit facilities and loan accounts to ensure loan fundings, repayments, interest and fees comply with credit agreements, loan documentation, lender or borrower instructions, internal procedures, and approvals. Monitor and action past dues and reconciliation exceptions. Assist managers in performing portfolio quality assurance and control monitoring.

The co-op student will gain basic understanding of Corporate and Commercial credit-related products and experience with credit documentation, credit facility servicing and loan platforms.

Responsibilities

- Service loan requirements for a global and regional corporate and commercial credit portfolio, acting in agency, participant, and sole lender roles
- Process loan accounting entries, commitment and loan records, loan statements, interest and fee billings, intra-day wire account reconciliations
- Review and adhere to credit portfolio legal documentation, corporate documents, credit approvals and policies and procedures
- Support management reporting deliverables
- Support Project initiatives, as needed
- Support administrative duties, such as records filing and control report monitoring

Qualifications

- Pursuing university degree with preference to finance or math and superior academic achievement
- Strong analytical and problem-solving skills
- Attention to detail and ability to accurately act on detailed instructions under pressure




- Proficient in Microsoft Office (Word, Excel, PowerPoint)
- Ability to work independently as well as in a team environment
- Excellent verbal and written communications and organizational skills
- Ability to manage multiple tasks and flexibly adapt in a fast paced and challenging environment adjusting to evolving business needs

Additional Qualifications

- Strives to bring critical thinking and ideas that drive accuracy, efficiency, innovation, and unique solutions
- Excels and believe in working among diverse viewpoints to determine the best path forward so we can reflect, connect, and meet the various needs of our clients and employees around the world
- Commitment to challenging the status quo and promoting positive change
- Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base

What Bank Of America Offers Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees. Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America Merrill Lynch is an Equal Chance Employer.

Bank of America Merrill Lynch encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.

📌 Canada | Toronto | Credit Service Operations CO-OP | Winter 2027
🏢 Bank of America
📍 Toronto