Commercial Credit Analyst II/III

Bank of America Corporation; Clayton (MO); On-site; USD 74,000 - 84,000; Full time

Benefits offered by this job

Discretionary incentive plan

Benefits eligible

Paid time off

Job summary

Bank of America Corporation seeks a Commercial Credit Analyst I–III to support underwriting and monitoring for commercial clients. The role focuses on analyzing financial statements, performing risk assessments, and generating financial analysis to ensure alignment with the bank’s risk appetite.

The position requires a BA/BS in Finance, Accounting, or Business Administration or 1–3 years of relevant experience. Expect 40-hour weeks, first shift, with benefits and opportunities for growth.

Qualifications

• BA/BS Degree in Finance, Accounting, or Business Administration preferred or 1–3 years of relevant work experience.
• Experience with credit underwriting and monitoring for commercial clients is a plus.
• Strong analytical and communication skills with attention to detail.

Responsibilities

• Analyzes financial statements and summarizes client performance via periodic risk profile reviews.
• Performs credit underwriting and risk analysis for new and existing clients.
• Conducts financial spreading, risk rating, and covenant testing.
• Reviews policy and procedures to ensure compliance with bank risk appetite.
• Escalates credit issues to the credit team as appropriate.
• Collaborates with credit and client teams to manage workflow.

Skills

Credit risk assessment

Financial analysis

Understanding of FAS/BAS

Credit documentation

Decision making

Written communications

Attention to detail

Client management

Analytical thinking

Risk rating

Education

BA/BS in Finance/Accounting/Business

Tools

Financial spreading tools

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. 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

Minimum Education/Experience Requirement

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

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

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency details

US - CO - Denver - 675 15th St - Bank Of America (CO1675), US - WA - Seattle - 401 Union St - Rainier Square (WA1510), US - WA - Spokane - 601 W Riverside Ave - Spokane Financial Center (WA2141)Pay and benefits informationPay range$74,000.00 - $84,100.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.