Credit Analyst II-Leverage Finance Credit

Bank of America•Charlotte, NC

1d•Onsite

About The Position

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. The clients are primarily owned by private equity firms with leveraged capital structures. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new broadly syndicated or Private Credit leveraged finance transactions.

Requirements

1+ years of relevant experience in commercial/corporate banking credit analysis or a comparable analytical or risk-focused role
Demonstrated working knowledge of financial and accounting concepts, with the ability to apply them in credit or financial analysis
Strong written and verbal communication skills, with the ability to clearly summarize financial performance, risks, and recommendations
Ability to effectively manage multiple priorities and deadlines in a fast-paced, transaction-oriented environment
Proficiency in Microsoft Excel, including use for financial analysis, modeling, and data review
Strong attention to detail and sound judgment when working within credit policies, procedures, and regulatory guidelines
Demonstrated willingness to embrace, learn, and effectively use emerging analytical and AI‑enabled tools to enhance credit analysis, monitoring, and decision‑making

Nice To Haves

Bachelor’s degree in finance, accounting, economics, or a related field
Experience supporting credit underwriting, risk rating, or loan approval processes
Exposure to financial modeling, cash flow forecasting, covenant testing, or profitability analysis
Familiarity with commercial lending products, credit policies, or relevant regulatory requirements
Experience with Leveraged Finance and/or broadly syndicated loans
Experience partnering with capital markets, credit officers, or risk teams

Responsibilities

Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
Build projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
Evaluates credit worthiness and provides analysis and decisioning on whether a leveraged issuer should receive a credit facility
Partners with Senior Credit Officers, Leveraged Finance Capital Markets, Investment Banking Coverage and Risk teammates to assess and deliver leveraged credit solutions
Monitors clients' operating performance and financial condition through earnings calls, periodic financial reporting, and ongoing performance reviews
Delivers financial modeling, leveraged loan structure, industry, and downside sensitivity analyses to support loan decision-making
Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements