Sr Credit Underwriter/Underwriter II-Global Leasing/Large Corporates
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. Our inclusive workplace supports every teammate’s success, career growth, and physical, emotional, and financial wellness through affordable, competitive, and flexible benefits. We value diverse backgrounds and career paths—whether shaped by military service, community college, or varied work and life experiences—that foster resilience, leadership, and innovation. Our in-office culture emphasizes collaboration, engagement, and career development with clear expectations and role-specific flexibility.
About the role
This role performs risk assessment and repayment capacity analysis (financial, borrower, industry, etc.) and prepares transaction justifications for moderately complex to complex transactions with limited oversight. 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 may be filled as a Sr. Credit Underwriter or Credit Underwriter II.
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 mitigating factors.
- Partners with client-facing teammates to consult on sales opportunities and provide product expertise to deliver solutions to clients.
- 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 (e.g., pricing, rates, payment, term, collateral).
- Manages the credit process for a portfolio of clients, including reviewing financial statements, assessing compliance with financial covenants, confirming risk ratings accuracy, 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 or 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, 40 hours per week.