CRE Credit Underwriter I/II - Commercial Real Estate

Internationalinsuranceprofessionals; Charlotte (NC); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Bank of America in Charlotte is seeking an experienced Commercial Real Estate credit underwriter to lead underwriting and monitoring for new and existing clients. You will prepare analyses, assess risk, and coach teammates.

The role partners with Credit Officers and Relationship Management, delivering timely and accurate credit packages and guiding loan structuring and documentation through closing.

Qualifications

• 2+ yrs experience as a credit underwriter within corporate or commercial banking.
• 3+ yrs experience as a Commercial Real Estate credit underwriter covering large private CRE enterprises, CRE private equity funds, or public REITs.
• Proficiency with Credit Center

Responsibilities

• Leads the credit analysis process with the support of other analysts and associates.
• Partners with Credit Officers, Relationship Management, 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 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
• Participates in loan structure conversations and completion of loan documentation with internal/external legal partners
• Gathers, manages and reviews additional due diligence and third-party reports once deal is mandated
• Prepares credit packages and circulates for approval
• Responsible for Flood Process and regulatory data capture associated with deal closings
• Completes renewals, material modifications and extensions (non-preapproved)
• Completes Treasury-related requests, including card and ACH facilities for credit clients only
• Partners closely with the Credit Officer and Loan Administration team in loan closings

Skills

Attention to Detail

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation Requirements

Credit and Risk Assessment

Financial Forecasting and Modeling

Recording/Organizing Information

Business Acumen

Collaboration

Collateral Management

Loan Structuring

Prioritization

Tools

Credit Center

Job description

Bank of America in Charlotte is seeking an experienced Commercial Real Estate credit underwriter to lead underwriting and monitoring for new and existing clients. You will prepare analyses, assess risk, and coach teammates.

The role partners with Credit Officers and Relationship Management, delivering timely and accurate credit packages and guiding loan structuring and documentation through closing.