GCIB- Commercial Credit Underwriter I/Commercial Credit Officer I
Bank of America•New York, NY
•$102,000 - $166,000•Onsite
About The Position
This job is responsible for managing clients and related credit products, partnering closely with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. Key responsibilities include underwriting, monitoring, managing operational needs and/or client requests. Job expectations include credit-focused client management responsibilities, independent thought leadership, and the ability to provide feedback to less experienced teammates.
Requirements
- 3 years of credit and financial institution experience with Commercial Credit Underwriting, commercial credit loan structuring
- Strong written and communication skills
- Strong MS Office skills (Excel, Word, PowerPoint)
- Attention to detail
Nice To Haves
- Bachelor’s degree in finance/accounting preferred or equivalent experience
Responsibilities
- Partners with relationship management and product partners to assess clients’ credit needs and create solutions
- Leads loan structure conversations and negotiates loan documentation with clients and internal/external legal partners
- Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications
- Leads ongoing monitoring efforts for a portfolio of clients in compliance with regulations, policy and procedure
- Mentors and supports associates
- Leads the credit analysis process with the support of other analysts and associates
- Partners with Credit Officers and Risk teammates to understand structuring needs and requirements
- Monitors operating performance and financial condition, proactively identifying issues and opportunities
- Assists in delivery of financial modeling, loan structure, industry, economic and other analysis to team members to support the loan decision-making process
- Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
- Granted credit approval for certain credit actions
- Participates in loan structure conversations and completion of loan documentation with internal/external legal partners
Benefits
- Access to paid time off
- Resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
