Credit UW I, II or Senior

Bank of America•Boston, MA

2d•$88,000 - $187,500•Onsite

About The Position

At Bank of America, the Credit UW I, II or Senior supports credit underwriting and monitoring for new and existing clients in partnership with a credit team. The role independently manages transactions or portfolios of limited to moderate complexity, completes and reviews credit analysis, evaluates risks, and prepares financial analysis. It leads the underwriting process, ensuring analysis is timely and accurate, and coaches teammates on credit requirements. The position is based at 100 Federal St in Boston, Massachusetts. It is a first-shift role with a 40-hour workweek. Bank of America describes its culture as inclusive and supportive of teammates’ physical, emotional, and financial wellness. The company has an in-office culture, with flexibility based on role-specific responsibilities and business needs. The annual pay range is $88,000 to $187,500, with offers determined by experience, education, and skill set. The role is eligible for an annual discretionary incentive plan and benefits, including paid time off.

Requirements

At least 3 years of solid Commercial Banking experience in underwriting, financial analysis, structuring, and portfolio management, in Middle Market, Large Corporate, Leveraged Finance, Financial Sponsors, or other highly complex credits.
Strong communication and analytical/technical skills, including financial accounting, modeling, and loan structuring.
Skills in attention to detail, credit and risk assessment, financial analysis, underwriting, written communications, analytical thinking, credit documentation requirements, financial forecasting and modeling, recording and organizing information, business acumen, collaboration, collateral management, loan structuring, and prioritization.

Nice To Haves

Bachelor of Arts or Bachelor of Science degree desired.
Participate with Relationship Managers or Credit Officers in negotiating credit agreements and loan documents, as needed.
Knowledge of closing processes and timelines for all types of loans, including real estate loans and revolvers.

Responsibilities

Manage a portfolio of clients, supporting underwriting and/or monitoring requirements of limited to moderate complexity.
Work independently with Relationship Management and Risk teammates to understand structuring needs and requirements.
Deliver financial modeling, loan structure, industry, economic, and other analyses to support loan decision-making.
Review junior teammates’ work, provide feedback and coaching, and help ensure compliance with laws, rules, regulations, and policy procedures.
Exercise credit approval for certain credit actions.
Lead loan-structure conversations and complete loan documentation with internal and external legal partners.