Credit Underwriter I-Commercial Real Estate Banking

About the role

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. This job is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team.

Responsibilities

• Leads the credit analysis process with the support of other analysts and associates
• Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
• Monitors operating performance and financial condition, proactively identifying issues and opportunities
• Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
• Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
• Has credit approval for certain credit actions
• Participates in loan structure conversations and completion of loan documentation with internal/external legal partners
• Gathers, manages and reviews additional due diligence and third-party reports once deal is mandated
• Prepares credit packages and circulates for approval
• Responsible for Flood Process and regulatory data capture associated with deal closings
• Completes renewals, material modifications and extensions (non-preapproved)
• Completes Treasury-related requests, including card and ACH facilities for credit clients only
• Partners closely with the Credit Officer and Loan Administration team in loan closings

Requirements

• 2+ yrs experience as a credit underwriter within corporate or commercial banking

Qualifications

• 3+ yrs experience as a Commercial Real Estate credit underwriter covering large private CRE enterprises, CRE private equity funds, or public REITs
• Proficiency with Credit Center

Skills

• Attention to Detail
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation Requirements
• Credit and Risk Assessment
• 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