Credit Analyst I/II - Global Corporate and Investment Banking - Power & Utilities

Bank of America • Charlotte, NC

2d • Onsite

About The Position

The Credit Analyst within Bank of America’s Global Corporate and Investment Banking Power & Utilities group analyzes and interprets clients’ creditworthiness, evaluates credit risks, and prepares credit approval memoranda for annual renewals and new lending opportunities. The role analyzes qualitative and quantitative information—including client financials, projections, industry data, covenant compliance, and collateral appraisals—to ensure alignment with the bank’s risk appetite.

The position performs regular monitoring and underwriting, supports internal stakeholders in executing transactions, and assesses client performance and relationship profitability. It may also involve building financial projections, developing enterprise valuations, reviewing loan and derivatives documentation, and discussing financing transactions from credit-risk and relationship perspectives.

Requirements

• Commercial and/or corporate banking credit underwriting-related experience, preferably within a bank or large financial institution.
• Understanding of foundational finance and accounting concepts.
• Proficient written and verbal communication skills.
• Strong time-management skills and ability to manage multiple priorities.
• Proficiency in Excel, including formulas and data analysis tools.
• Demonstrated experience analyzing corporate financial statements, including interpreting income statements, balance sheets, and cash flow statements.
• Experience producing analytical written summaries.
• Minimum education requirement: High School Diploma, GED, secondary school, or equivalent.

Nice To Haves

• Bachelor’s degree with an emphasis in finance, accounting, or economics.
• Skills in analytical thinking, financial analysis, financial forecasting and modeling, profitability analysis, research analysis, attention to detail, business acumen, credit and risk assessment, underwriting, written communications, collaboration, critical thinking, portfolio analysis, prioritization, and technical documentation.

Responsibilities

• Analyze client financial performance against past performance, projections, and industry standards.
• Review financial statements, assess compliance with financial covenants, renew risk ratings, and recommend changes as warranted.
• Assist with underwriting, credit risk analysis, negotiation, and closing of new or existing transactions in accordance with relevant policies and procedures.
• Evaluate transaction and relationship risk-adjusted profitability to facilitate capital allocation.
• Build client projection models as needed using historical performance, industry forecasts, and other due diligence findings.
• Develop financial statement forecasts and enterprise valuations.
• Discuss the merits of financing transactions from credit-risk and relationship perspectives.
• Review legal documentation related to loans and derivatives.
• Write credit memoranda summarizing analysis and conclusions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED