Commercial Underwriter: Loans & Credit Analysis

Sacbar; Los Angeles (CA); Hybrid; USD 91,000 - 150,000; Full time

Benefits offered by this job

Discretionary bonus eligible

Benefits eligible

Job summary

Bank of America is seeking an Enhanced Channel Underwriter to manage credit underwriting and monitoring for new and existing clients in partnership with the client team. The role covers structuring, negotiating, documenting credit analysis, and assessing historic and projected borrower financial information for lines of credit, term loans, and real estate loans.

You will collaborate with Relationship Management and Risk teams, deliver detailed financial analyses, and support loan decisions while

Qualifications

• 5+ years of solid Commercial Banking experience underwriting (Business Banking, Middle Market, Leverage Finance, etc.)
• Experience in financial analysis, structuring, underwriting and portfolio management
• Analytical/technical skills, including financial accounting, modeling and loan structuring
• Strong communication skills; ability to communicate vertically, horizontally, and externally
• Industry knowledge across multiple sectors

Responsibilities

• Manages a portfolio of clients supporting underwriting and monitoring requirements with limited to moderate complexity
• Independently works with Relationship Management, and Risk teammates to understand structuring needs and requirements
• Delivers financial modeling, loan structure, industry, economic, and other analyses 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
• Has credit approval for certain credit actions
• Leads loan structure conversations and completion of loan documentation with internal/external legal partners

Skills

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Financial Forecasting

Credit Documentation

Collaboration

Loan Structuring

Prioritization

Recording/Organizing Information

Business Acumen

Education

High School Diploma

Job description

Bank of America is seeking an Enhanced Channel Underwriter to manage credit underwriting and monitoring for new and existing clients in partnership with the client team. The role covers structuring, negotiating, documenting credit analysis, and assessing historic and projected borrower financial information for lines of credit, term loans, and real estate loans.

You will collaborate with Relationship Management and Risk teams, deliver detailed financial analyses, and support loan decisions while