Commercial Credit Analyst II/III

Bank of America Corporation; Dallas (TX); On-site; USD 55,000 - 90,000; Full time

Job summary

The Commercial Credit Analyst role at Bank of America in Dallas, TX focuses on underwriting and monitoring credit for new and existing commercial clients. You will perform financial analysis, spread financials, assess risk, and ensure covenant compliance in line 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. Entry levels (I–III) may apply, with a 40-hour work week and 1st shift responsibilities.

Qualifications

• BA/BS in Finance, Accounting, or Business Administration or 1–3 years of relevant experience.
• Credit underwriting knowledge and financial analysis skills.
• Ability to analyze financial statements, projections and covenant tests.

Responsibilities

• Analyze financial statements and summarize client performance via risk reviews.
• Perform credit analysis and monitoring for commercial clients.
• Execute financial spreading, risk rating, and covenant tests.
• Collaborate with credit teams to support underwriting.
• Escalate process issues and participate in continuing education.

Skills

Credit and Risk Assessment

Financial Analysis

Understanding of Financial Accounting

Credit Documentation Requirements

Critical Thinking

Prioritization

Attention to Detail

Business Acumen

Decision Making

Written Communications

Client Management

Recording/Organizing Information

Analytical Thinking

Education

BA/BS in Finance, Accounting, or Business Administration or 1–3 years of relevant experience

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.

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