Bank of America
Credit Underwriter I/II - Global Commercial and Investment Banking - Energy
Bank of America, Charlotte, North Carolina, United States, 28245
Overview
Credit Underwriter I/II - Global Commercial and Investment Banking - Energy This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. Responsibilities
Analyzes client\'s financial performance by comparing it to past performance, projections, and industry standards Reviews financial statements, assesses the client\'s compliance with financial covenants, and renews risk ratings, while recommending changes as warranted Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings Trains, coaches, and mentors Credit Analysts Required Qualifications
Robust understanding of corporate finance and accounting concepts Excellent writing and verbal communication skills Effective time management skills with ability to balance multiple competing priorities Proficiency in Microsoft Excel 3+ years of commercial and/or corporate banking credit underwriting related experience, preferably in a bank or large financial institution Desired Qualifications
Bachelor’s degree with emphasis in finance, accounting or economics Experience underwriting clients in the Energy sector, including upstream Oil & Gas Skills
Analytical Thinking Financial Analysis Financial Forecasting and Modeling Profitability Analysis Research Analysis Attention to Detail Business Acumen Credit and Risk Assessment Underwriting Written Communications Collaboration Critical Thinking Portfolio Analysis Prioritization Technical Documentation Shift
1st shift (United States of America) Hours Per Week
40
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Credit Underwriter I/II - Global Commercial and Investment Banking - Energy This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. Responsibilities
Analyzes client\'s financial performance by comparing it to past performance, projections, and industry standards Reviews financial statements, assesses the client\'s compliance with financial covenants, and renews risk ratings, while recommending changes as warranted Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings Trains, coaches, and mentors Credit Analysts Required Qualifications
Robust understanding of corporate finance and accounting concepts Excellent writing and verbal communication skills Effective time management skills with ability to balance multiple competing priorities Proficiency in Microsoft Excel 3+ years of commercial and/or corporate banking credit underwriting related experience, preferably in a bank or large financial institution Desired Qualifications
Bachelor’s degree with emphasis in finance, accounting or economics Experience underwriting clients in the Energy sector, including upstream Oil & Gas Skills
Analytical Thinking Financial Analysis Financial Forecasting and Modeling Profitability Analysis Research Analysis Attention to Detail Business Acumen Credit and Risk Assessment Underwriting Written Communications Collaboration Critical Thinking Portfolio Analysis Prioritization Technical Documentation Shift
1st shift (United States of America) Hours Per Week
40
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