Senior Credit Underwriter - Custom Lending - Global Wealth & Investment Management

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. This position supports responsible and profitable loan and revenue growth while managing a portfolio of existing credit relationships.

The Senior Credit Underwriter (SCU) partners closely with the Credit Advisor (CA) to develop and expand custom lending relationships with strategic wealth clients. The role performs risk assessment and repayment capacity analysis, prepares transaction justification for moderately complex/complex transactions, documents credit analysis, and monitors portfolio performance.

• 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 support the loan decision‑making process.
• Ensure adherence to credit policies, guidelines, procedures, and applicable regulatory requirements.
• Complete Credit Approval Memos (CAMs) and modifications for complex, custom loan products.
• Synthesize comprehensive financial information to assess liquidity, leverage, cash flow, key risks/mitigants, and legal structures.
• Distill complex issues to core components and document findings clearly and concisely.
• Apply established policies, procedures, and underwriting practices, including accurate financial spreading, risk rating, and required approvals.
• Provide lending guidance, structural recommendations, and policy expertise during upfront deal discussions.
• Review, negotiate, and refine loan structures and covenants during documentation based on borrower creditworthiness, collateral, and overall risk appetite.
• Proactively manage deal pipeline and ensure timely progression of new and existing transactions.
• Oversee day‑to‑day management of assigned loan portfolio, ensuring accurate execution of collateral releases, SER preparation, renewals, covenant resolution, risk‑rating updates, loan modifications/waivers, and past‑due remediation.
• Identify opportunities to streamline workflows and recommend process improvements.
• Mentor and develop Credit Underwriters, supporting skill growth and consistent underwriting quality.

• Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams.
• 10+ years of commercial and/or private wealth management credit experience.
• Strong negotiation and communication skills.
• Proficiency in Word, Excel, and PowerPoint.
• Excellent interpersonal skills and the ability to build business partnerships with risk, services, and client teams who may not be co‑located.

• Formal Credit Training and/or Commercial/Wealth Management credit experience preferred.
• Bachelor’s degree in business administration, finance, accounting, or economics preferred.

• 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
• Portfolio Management

High School Diploma / GED / Secondary School or equivalent.

• Shift: 1st shift (United States of America)
• Hours Per Week: 40

Annualized salary range: $98,000.00 – $, offers determined by experience, education, and skill set. Discretionary incentive eligible.

This role is benefits eligible. Employees receive industry‑leading benefits, paid time off, and support for physical, emotional, and financial well‑being.