Commercial Credit Underwriter II / Sr Credit Underwriter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We drive Responsible Growth and deliver for our clients, teammates, communities, and shareholders every day. We foster 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 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 impacting 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 flexibility based on role-specific responsibilities and business needs.

About the Role

This role is responsible for performing risk assessment and repayment capacity analysis (e.g., financial, borrower, industry) and preparing transaction justification for moderately complex to complex transactions with limited oversight. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, monitoring portfolio performance, and writing Credit Approval Memorandums.

You will deliver integrated credit solutions to large corporate clients and partner closely with client-facing teammates in the Global Corporate Bank to consult on sales opportunities, provide product expertise, and prescreen new opportunities with senior management. This position can be filled as a Sr. Credit Underwriter or Credit Underwriter II and supports Dealer Financial Services.

Responsibilities

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility.
• Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions.
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities.
• Delivers financial modeling, loan structure, industry, economic, and other analysis to support the loan decision-making process.
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements.
• Evaluates new end-user credit opportunities, including identification and assessment of risks and identification of mitigating factors.
• Partners with client-facing teammates to consult on sales opportunities and provide product expertise to deliver the best possible solution to the client.
• Underwrites new transactions, analyzes credit risk, negotiates and closes deals while adhering to internal policy, procedures, and regulatory requirements.
• Structures the terms of a lease/loan with respect to pricing, rates, payment, term, collateral, and other aspects.
• Manages the credit process for a portfolio of clients, including reviewing financial statements, assessing compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.

Requirements

• Minimum 5+ years of Leasing, Equipment Finance, or Commercial Credit experience.
• Proficient credit and risk analysis skills.
• Proficient presentation, structuring, and financial statement analysis skills.
• Proficient Microsoft Office skills.
• Proficient business writing skills.

Qualifications

• BA/BS Degree in Finance or related major (desired).
• MBA/CFA preferred.
• In-depth Leasing/Equipment finance experience (desired).

Skills

• Attention to Detail
• Credit and Risk Assessment
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation
• Financial Forecasting and Modeling
• Recording/Organizing Information
• Business Acumen
• Collaboration
• Collateral Management
• Loan Structuring
• Prioritization

Schedule

• 1st shift (United States of America).
• 40 hours per week.