Commercial Credit Underwriter -II

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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.

The Underwriter is responsible for underwriting and structuring of credit transactions. The Underwriter can underwrite credit transactions with minimal oversight from the Credit Officer (CO) and also approves complex credit transactions with coaching from the CO/Commercial Credit Manager (CCM). The Underwriter leads the credit approval process with assistance from the CCM as needed for clients without CO coverage and is an active participant with the CO in the credit approval process for complex clients/transactions.

Underwriters may call on credit clients and prospects in partnership or independently with the RM and/or CO as appropriate. They provide ongoing management and primary accountability for a portion of the monitoring and maintenance activities on an assigned portfolio or market, including a higher composition of complex client relationships. They monitor clients operating performance and financial condition to proactively identify issues and opportunities.

They deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. Underwriters provide ongoing coaching and support to other Credit team members and report to CCM while partnering closely with COs.

Responsibilities

• Evaluate credit worthiness and provide analysis and decisioning on whether a client should receive a credit facility.
• Partner with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions.
• Monitor the client's operating performance and financial condition, proactively identifying issues and opportunities.
• Deliver financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision‑making process.
• Ensure 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 COs 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