Credit Underwriter I-II and Senior

Job Description

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 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.

Responsibilities

• Manages a portfolio of clients supporting underwriting and/or monitoring requirements of varying degrees complexity
• Independently works with Relationship Management, Credit and Risk teammates to understand structuring needs and requirements
• Delivers collateral, loan structure 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
• Led collateral monitoring, loan structure conversations and completion of loan documentation with internal/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.
• Strong experience monitoring and analyzing changes in transactions and portfolios over time, including identifying trends or issues that may impact credit quality.
• Strong experience reconciling financial statements and supporting documentation, investigating discrepancies or unusual activity and ensuring reporting complies with credit agreements.
• Strong experiences communicating directly with borrowers to clarify data and resolve issues and requesting additional reporting or backup documentation as needed,

Desired Qualifications

• Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed.
• Be knowledgeable of the closing process & timeline for all types of loans (i.e. real estate, revolvers, etc.)

Shift

1st shift (United States of America)

Hours Per Week

40