Sr Credit Underwriter/Underwriter II-Global Leasing/Large Corporates
Bank of America · Boston, MA · 2 wk ago
FinanceFull-time
Key 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
- Maintains monitoring of the client's operating performance and financial condition, proactively identifying issues and opportunities
- Delivers financial modeling, loan structure, industry, economic, and other analysis to team members 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 identifies mitigating factors
- Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary 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 the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)
- Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted
Requirements
- Minimum 5+ yrs 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
Desired Qualifications
- Bachelor’s Degree in Finance or related major
- MBA/CFA preferred
- In-depth Leasing/Equipment finance experience
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
Requirements
- High School Diploma / GED / Secondary School or equivalent
- Shift: 1st shift (United States of America)
- Hrs Per Week: 40