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

Overview

Sr. Credit Underwriter or Credit Underwriter II position at Bank of America, responsible for credit assessment and repayment capacity analysis for moderately complex/complex transactions with limited oversight.

• 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
• Evaluates new end‑user credit opportunities including identification and assessment of risks and identifies mitigating factors
• Partners with client‑facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client
• 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 with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)
• Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted

• Minimum 5+ years 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

• BA/BS Degree in Finance or related major
• MBA/CFA preferred
• In‑depth Leasing/Equipment finance experience
• 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

High School Diploma / GED / Secondary School or equivalent

Pay range: $87,000.00 - $ annualized salary, determined based on experience, education and skill set.

Eligible for an annual discretionary incentive award based on performance.

Industry‑leading benefits, paid time off, and additional resources to support employee wellness.

• Chicago, IL – 110 N Wacker Dr – Bank of America Tower
• Boston, MA – 100 Federal St
• New York, NY – ONE BRYANT PARK – Bank of America Tower
• Providence, RI – 1 Financial Plaza

Shift: 1st shift (United States of America)

Hours per week: 40

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