Commercial Credit Analyst I

RiseMe; Phoenix (AZ); On-site; USD 49,000 - 51,000; Full time

Job summary

Bank of America is seeking a Credit Underwriter/Analyst to support underwriting and monitoring for clients. You will complete financial analysis, assess risks, and ensure policy alignment using multiple tools and data sources.

The role emphasizes attention to detail, critical thinking, and collaborative decision making in a fast-paced banking environment with in-office requirements.

Qualifications

• Credit documentation requirements.
• Credit and risk assessment.
• Critical thinking required.
• Financial analysis capabilities.
• Strong prioritization.
• Attention to detail.
• Business acumen.
• Sound decision making.
• Forecasting and modeling.
• Written communications abilities.
• Analytical thinking.
• Client management.
• Collateral management.
• Recording and organizing information.
• Underwriting processes.

Responsibilities

• Facilitates parts of the credit underwriting and/or monitoring process for new and existing clients.
• Facilitates activities such as cross border booking, cross-border regulatory compliance, subsidiary lending support, performance-based underwriting portfolio support and/or covenant compliance
• Analyzes qualitative & quantitative data such as client's financials, covenant compliance, collateral documentation and policy/procedure requirements

Skills

Credit docs

Credit risk

Critical thinking

Financial analysis

Prioritization

Attention to detail

Business acumen

Decision making

Forecasting

Written comms

Analytical thinking

Client mgmt

Collateral mgmt

Record organizing

Underwriting

Education

High School Diploma / GED

Job description

Job Description:

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!

Job Description:

This job is responsible for facilitating parts of credit underwriting and monitoring for new and existing clients. Key responsibilities include completing credit analysis, evaluating risks, and writing financial analysis using various tools and systems. Job expectations include analyzing financials, projections, industry data, covenant compliance, collateral, and policy requirements to ensure alignment with the bank’s risk appetite.

Responsibilities:

• Facilitates parts of the credit underwriting and/or monitoring process for new and existing clients.
• Facilitates activities such as cross border booking, cross-border regulatory compliance, subsidiary lending support, performance-based underwriting portfolio support and/or covenant compliance
• Analyzes qualitative & quantitative data such as client's financials, covenant compliance, collateral documentation and policy/procedure requirements

Skills:

• Credit Documentation Requirements
• Credit and Risk Assessment
• Critical Thinking
• Financial Analysis
• Prioritization
• Attention to Detail
• Business Acumen
• Decision Making
• Financial Forecasting and Modeling
• Written Communications
• Analytical Thinking
• Client Management
• Collateral Management
• Recording/Organizing Information
• Underwriting

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705)

Pay range

$35.58 - $36.91 hourly pay, offers to be determined based on experience, education and skill set. Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.