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Bank of America

Commercial Credit Underwriter I-II

Bank of America, New York, New York, us, 10261

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Commercial Credit Underwriter I-II

role at

Bank of America

Base pay range

Base pay range $70,000.00/yr - $162,500.00/yr

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.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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 team members to support the loan decision-making process

Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements

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 performing financial analysis, structuring, underwriting and portfolio management

Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring

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.)

BA/BS Desired

Shift 1st shift (United States of America)

Hours Per Week 40

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Sales

Industries

Banking

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