Commercial Credit Analyst I/II/III

Bank of America; Buffalo (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

Bank of America in Buffalo, NY is hiring a Commercial Credit Analyst I. You will analyze financials, support underwriting for commercial clients, and ensure covenant compliance while maintaining thorough documentation.

The role emphasizes risk management, policy adherence, and client-focused credit services. The position requires a BA/BS in Finance or Accounting or 1–3 years of relevant experience, with 40 hours per week on 1st shift.

Qualifications

• Analyze financial statements and summarize client performance via risk reviews.
• Support underwriting of commercial credit, including financial spreading and risk rating.
• Evaluate covenant tests and policy requirements for credit files.
• Escalate credit issues to the team and collaborate with lenders.
• Maintain accurate documentation and risk assessments.
• Participate in continuing education and policy reviews.

Responsibilities

• Analyze financial statements and summarize existing client's performance via periodic risk profile reviews
• Partners with credit and client teams within Centralized and Regional Credit Lines of Business
• Manages risk through financial spreading, risk rating, and covenant test calculations
• Expands expertise by reviewing policy and procedure and attending education sessions
• Collaborates with peers to manage workflow and escalate process breakdowns

Skills

Credit Risk

Financial Analysis

Accounting Principles

Credit Docs

Critical Thinking

Attention to Detail

Decision Making

Written Communication

Client Management

Analytical Thinking

Prioritization

Record Keeping

Education

BA/BS in Finance or Accounting

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!

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. Responsible for managing credit activities to support underwriting of commercial credit clients (e.g., financial spreading, risk rating scorecard, covenant tests). Key responsibilities include analyzing ongoing credit and escalating to the credit team as appropriate.

Responsibilities:

• Analyzes financial statements and summarizes existing client's performance via periodic risk profile reviews


• Partners with credit and client teams both within Centralized and Regional Credit Lines of Business


• Manages risk through accurate financial spreading, risk rating, and covenant test calculations


• Expands expertise by reviewing policy and procedure thoroughly and actively participating in continuing education sessions


• Collaborates with peers to manage optimal workflow


• Identifies and escalates process breakdowns

Required Skills:

• Credit and Risk Assessment


• Financial Analysis


• Understanding of Financial Accounting Principles


• Credit Documentation Requirements


• Critical Thinking


• Prioritization


• Attention to Detail


• Business Acumen


• Decision Making


• Written Communications


• Client Management


• Recording/Organizing Information


• Analytical Thinking

Desired Skills:

• Financial Forecasting and Modeling


• Collateral Management


• Underwriting


• Financial Ratio Analysis

this position is posted as a Commercial Credit analyst I and can be filled as a Commercial Credit Analyst I, II, or III under the manager's discretion.

Minimum Education/Experience Requirement:

BA/BS Degree in Finance, Accounting, or Business Administration preferred or 1-3 years of relevant work experience.

Shift:

1st shift (United States of America)

Hours Per Week:

40