Credit Underwriter I-II or Senior

Job Summary

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. 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. Bank of America is committed to an in‑office culture that supports collaboration, engagement and career development, 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

This role is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include independently managing transactions or portfolios of limited to moderate complexity, completing and reviewing credit analysis, evaluating risks, and writing financial analysis. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.

Responsibilities

• Manage a portfolio of clients supporting underwriting and/or monitoring requirements with limited to moderate complexity.
• Independently work with Relationship Management and Risk teammates to understand structuring needs and requirements.
• Deliver financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision‑making process.
• Review work of junior teammates to provide feedback and coaching and ensure compliance with laws, rules, regulations and policy procedures.
• Have credit approval for certain credit actions.
• Lead loan structure conversations and completion of loan documentation with internal and external legal partners.

Skills

• Attention to detail
• Credit and risk assessment
• Financial analysis
• Underwriting
• Written communications
• Analytical thinking
• Credit documentation requirements
• Financial forecasting and modeling
• Recording/organizing information
• Business acumen
• Collaboration
• Collateral management
• Loan structuring
• Prioritization

Required Qualifications

• 3+ years of solid experience in Commercial Banking (Middle Market or Large Corporate or Leveraged Finance) underwriting, performing financial analysis, structuring, and portfolio management.
• Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.

Desired Qualifications

• Participate with RM or CO’s to negotiate credit agreements and loan documents, as needed.
• Be knowledgeable of the closing process and timeline for all types of loans (e.g., real estate, revolvers, etc.).
• BA/BS degree desired.

Shift

1st shift (United States of America)

Hours per Week

40