Senior Credit Underwriter/Underwriter II-LIHTC

Bank of America•San Francisco, CA

11h•Onsite

About The Position

At Bank of America, the Senior Credit Underwriter 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, ensures timely and accurate analysis, and coaches teammates on credit requirements. The CREB Senior Underwriter performs deal analysis, prepares supporting justification, and processes approvals, applying relevant policies and regulations to transactions. As a senior member of a CREB market team aligned with a line-of-business region or market, the underwriter works with Credit Officer teams and manages an assigned client portfolio. The role is typically an individual contributor reporting to a CREB Senior Credit Product Manager and pairs with a Credit Officer to jointly underwrite and close new commercial real estate transactions and materially modify existing facilities. It also advises the CREB portfolio group on post-closing credit actions as needed. The underwriter is responsible for underwriting all aspects of transactions—including construction debt, non-FHA permanent debt, and equity—across all product types. The role is based at one of the listed Bank of America offices in Los Angeles or San Francisco and is designated as first shift, 40 hours per week. Bank of America describes an in-office culture with role-specific flexibility based on responsibilities and business needs.

Requirements

At least 5 years of commercial real estate-related experience.
Adept at gathering and analyzing market and portfolio information.
Solid experience in financial analysis, structuring, underwriting, and portfolio management.
Strong analytical and technical skills, including financial accounting, modeling, and loan structuring.

Nice To Haves

Bachelor’s degree in finance or a related field.

Responsibilities

Manage a portfolio of clients, supporting underwriting and 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 ensure compliance with applicable laws, rules, regulations, and policies and procedures.
Exercise credit approval for certain credit actions.
Lead loan-structure discussions and coordinate completion of loan documentation with internal and external legal partners.
Analyze new deals and prepare supporting justification and credit approval documents.
Support the Credit Officer on DSM, term sheets, and loan closings.
Prepare CAMs and conduct collateral analysis.
Input and capture data for new originations.
Underwrite all aspects of transactions, including construction debt, non-FHA permanent debt, and equity, across all product types.
Advise the CREB portfolio group on post-closing credit actions as needed.