Credit Analyst I/II - Global Corporate and Investment Banking - Energy

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. This role is part of our in-office culture with specific requirements for office-based attendance, though flexibility is considered based on role-specific needs.

About the role

This position is responsible for analyzing and interpreting a client's creditworthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. You will analyze qualitative and quantitative data such as client financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. The role involves regular monitoring and underwriting tasks, supporting internal stakeholders, and contributing to the successful execution of new transactions. This role will be filled as a GCIB Credit Analyst within our Energy group and may be hired as Credit Analyst I or II, based on experience.

Responsibilities

• Analyze client's financial performance by comparing it to past performance, projections, and industry standards.
• Review financial statements, assess the client's compliance with financial covenants, renew risk ratings, and recommend changes as warranted.
• Assist in the underwriting, credit risk analysis, negotiation, and closing of new or existing transactions while adhering to all relevant policies and procedures.
• Evaluate transaction and relationship risk-adjusted profitability to facilitate the allocation of capital.
• Build projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings.
• Develop financial statement forecasts and enterprise valuations.
• Discuss the merits of financing transactions from a credit risk and relationship perspective.
• Review legal documentation related to loans and derivatives.
• Write credit memorandums to summarize your analysis and conclusions.

Requirements

• Commercial and/or corporate banking credit underwriting–related experience, preferably within a bank or large financial institution.
• Understanding of foundational finance and accounting concepts.
• Proficient written and verbal communication skills.
• Strong time-management skills with the ability to manage multiple priorities.
• Proficiency in Excel, including the use of formulas and data analysis tools.
• Demonstrated experience analyzing corporate financial statements, interpreting income statements, balance sheets, and cash flow statements.
• Experience producing analytical written summaries.

Qualifications

• Bachelor's Degree with emphasis in finance, accounting, or economics (desired).

Skills

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Prioritization
• Technical Documentation

Schedule

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