Commercial Credit Analyst: Underwriting & Financial Analysis

Bank of America; Houston (TX); On-site; USD 74,000 - 84,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America is seeking a Commercial Credit Analyst I to support underwriting for new and existing clients. The role involves analyzing financial statements, performing risk assessments and writing financial analyses to align with the bank's risk appetite.

Responsibilities include creating financial spreads, calculating risk ratings, and ensuring covenant compliance while collaborating with credit teams across Centralized and Regional lines of business.

Qualifications

• BA/BS Degree in Finance, Accounting, or Business Administration preferred or 1-3 years of relevant work experience.
• Experience in credit underwriting and financial analysis.
• Strong analytical and written communication skills.
• Ability to manage covenant tests and risk ratings.

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.

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

Financial Forecasting and Modeling

Collateral Management

Underwriting

Financial Ratio Analysis

Education

BA/BS Degree in Finance, Accounting, or Business Administration

Job description

Bank of America is seeking a Commercial Credit Analyst I to support underwriting for new and existing clients. The role involves analyzing financial statements, performing risk assessments and writing financial analyses to align with the bank's risk appetite.

Responsibilities include creating financial spreads, calculating risk ratings, and ensuring covenant compliance while collaborating with credit teams across Centralized and Regional lines of business.