Sr Credit Underwriter/Underwriter II-Global Leasing/Large Corporates

Job Description

At Bank of America, we strive to enhance financial lives through responsible growth and delivering value to our clients, teammates, communities, and shareholders. Our commitment to a great workplace culture fosters an inclusive environment where diverse backgrounds and experiences are valued.

Responsibilities

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
• Pairs with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions
• Maintains oversight of the client's operating performance and financial condition, identifying and addressing issues and opportunities proactively
• Supports the loan decision-making process with financial modeling, loan structure, industry, economic, and other analyses
• Guarantees adherence to credit policies, guidelines, procedures, and regulatory requirements
• Assesses new end-user credit opportunities, identifying and evaluating risks while considering mitigating factors
• Collaborates with client-facing teammates to consult on sales opportunities and provide necessary product expertise and consultation
• Underwrites new transactions, analyzes credit risk, negotiates, and closes deals while adhering to internal policies, procedures, and regulatory requirements
• Structures the terms of a lease/loan, considering various aspects such as pricing, rates, payment, term, and collateral
• Manages the credit process for a portfolio of clients, reviewing financial statements, assessing compliance with financial covenants, confirming risk ratings, and recommending changes as needed

Required Qualifications

• Minimum 5+ years of leasing, equipment finance, or commercial credit experience
• Proficient in credit and risk analysis
• Proficient in presentation, structuring, and financial statement analysis
• Proficient in Microsoft Office
• Proficient in business writing

Desired Qualifications

• Bachelor’s degree in Finance or related field
• MBA or CFA preferred
• In-depth knowledge of leasing and equipment finance

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

Minimum Education Requirement

A high school diploma/GED/secondary school or equivalent is required.

Shift

1st shift (United States of America)

Hours Per Week

40