Commercial Credit Underwriter I: Client Impact & Growth

Bank of America; New York (NY); On-site; USD 102,000 - 166,000; Full time

Benefits offered by this job

Pay range disclosed in posting

Job summary

Bank of America in New York City is seeking a credit professional to manage clients and related credit products, collaborating with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. You will lead underwriting, monitor portfolios and drive credit decisions.

The role emphasizes credit-focused client management, independent analysis, and mentoring junior teammates.

Qualifications

• 3 years of credit and financial institution experience with Commercial Credit Underwriting, commercial credit loan structuring
• Strong written and communication skills
• Strong MS Office skills (Excel, Word, PowerPoint)
• Attention to detail

Responsibilities

• Partners with relationship management and product partners to assess clients’ credit needs and create solutions
• Leads loan structure conversations and negotiates loan documentation with clients and internal/external legal partners
• Drives credit and risk approval processes for new credit originations, renewals, increases, and modifications
• Leads ongoing monitoring efforts for a portfolio of clients in compliance with regulations, policy and procedure
• Mentors and supports associates
• Partners with relationship management and product partners to assess clients’ credit needs and create solutions
• Leads the credit analysis process with the support of other analysts and associates
• Partners with Credit Officers and Risk teammates to understand structuring needs and requirements
• Monitors operating performance and financial condition, proactively identifying issues and opportunities
• Assists in delivery of financial modeling, loan structure, industry, economic and other analysis to team members to support the loan decision-making process
• Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
• Granted credit approval for certain credit actions
• Participates in loan structure conversations and completion of loan documentation with internal/external legal partners

Skills

Analytical Thinking

Credit and Risk Assessment

Financial Analysis

Underwriting

Attention to Detail

Business Acumen

Financial Forecasting and Modeling

Loan Structuring

Written Communications

Collaboration

Portfolio Analysis

Stakeholder Management

Education

Bachelor’s degree in finance/accounting or equivalent experience

Tools

Excel

Word

PowerPoint

Job description

Bank of America in New York City is seeking a credit professional to manage clients and related credit products, collaborating with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. You will lead underwriting, monitor portfolios and drive credit decisions.

The role emphasizes credit-focused client management, independent analysis, and mentoring junior teammates.