Commercial Credit Underwriter

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!

Job Description
The Wholesale Credit organization is responsible for structuring and underwriting debt financing solutions for middle market businesses. As a core member of the client team, Wholesale Credit partners with groups including Commercial Banking, Investment Banking, Syndicated Finance, Risk Management, Treasury Management, and Global Markets to drive revenue growth while maintaining appropriate risk disciplines specific to the commercial credit portfolio. The Commercial Credit Underwriter reports to the Commercial Credit Manager and partners closely with Credit Officers and Analysts.

Responsibilities

The Commercial Credit Underwriter is responsible for:

• Underwriting and structuring of straightforward and complex credit transactions with minimal oversight from the Credit Officer (CO)/Commercial Credit Manager (CCM)
• Leading 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 credit approval process for complex clients/transactions
• Leading the documentation and closing for straightforward credit transactions and has an active role with the CO in documentation and closing for complex transactions
• Providing ongoing management and primary accountability for all monitoring and maintenance activities on an assigned portfolio, including a higher composition of complex client relationships
• Monitoring clients operating performance and financial condition to proactively identify issues and opportunities
• Delivering financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements
• Providing ongoing coaching and support to other Credit team members

• BS/BA degree preferred
• Post graduate degree (CPA, CFA, MBA, etc.) preferred
• 5+ years of solid experience in financial analysis, structuring, middle market underwriting and portfolio management
• Strong analytical and technical skills, including financial accounting, modeling and loan structuring
• Strong communication skills
• Demonstrates strong critical thinking
• Able to work in a team and independently
• Strong attention to detail and superior organizational and task management skills
• Self-motivated, positive attitude, and high energy are a must
• Professional designations being preferred (e.g. CFA, MBA)