Sr Standard Channel Underwriter - Business Banking Credit

Bank of America•Chicago, IL

5d•$91,000 - $150,000•Onsite

About The Position

The Standard Channel Underwriter role is responsible for credit underwriting and monitoring for new and existing clients in partnership with the client team. Key responsibilities include managing transactions in a high-volume national queue of Business Banking clients, completing and reviewing credit analysis, evaluating risks, and writing financial analysis. Products include lines of credit, term loans, and real estate loans. This job includes responsibilities for structuring, negotiating, documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance.

Requirements

2+ years of solid Commercial Banking experience
Experience in financial analysis, structuring, and underwriting
Analytical/technical skills, including financial accounting, modeling and loan structuring
Strong communication skills; ability to communicate vertically, horizontally, and externally
Industry knowledge across multiple sectors
Attention to Detail
Credit and Risk Assessment
Financial Analysis
Underwriting
Written Communications
Analytical Thinking
Financial Modeling
Recording/Organizing Information
Business Acumen
Collaboration
Collateral Management
Loan Structuring
Prioritization

Responsibilities

Supports both underwriting and monitoring in a high-volume national workflow queue
Independently works with Relationship Managers and Solutions Advisors to understand structuring needs and requirements
Delivers financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
Underwriters have single signature authority for certain credit transaction