CRE Credit Underwriter – Portfolio Management

Internationalinsuranceprofessionals; Los Angeles (CA); On-site; USD 91,000 - 144,000; Full time

Benefits offered by this job

Employee Benefits

Job summary

Bank of America seeks a Portfolio Management Underwriter to oversee the ongoing management and underwriting for a portfolio of commercial real estate loans, including monitoring performance, risk rating, and loan reporting. You will collaborate with CRM, RM, CO, and UW teams to support credit decisions and ensure policy compliance.

The role requires 2+ years in commercial credit analysis and portfolio management, with a finance-related degree and real estate training desirable.

Qualifications

• 2+ years commercial credit financial analysis and portfolio management experience.
• Commercial Credit Training

Responsibilities

• Responsible for post close credit activity including documenting the conditions for pre-approved extensions and the associated legal documents.
• Responsible for all monitoring and maintenance activities on an assigned portfolio including risk rating scorecards, annual sponsor/guarantor financial reviews, covenant compliance, construction monitoring, interest reserve analysis, lease reviews, loan reporting, and site inspections.
• Activities associated with the minor modification of existing credits and the extension of facilities which have qualified for defined extension options.
• Collateral analysis, sponsor/guarantor financial analysis, and review of related legal documents.
• Credit facilities include bridge, term, and construction loans for commercial real estate developers and investors. The PMU is responsible to drive process simplification and improvement under the direction of management.

Skills

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation Requirements

Financial Forecasting and Modeling

Recording/Organizing Information

Business Acumen

Collaboration

Collateral Management

Loan Structuring

Prioritization

Education

Bachelor's degree in finance, accounting, economics or similar

Certificate from accredited real estate educational program

Job description

Bank of America seeks a Portfolio Management Underwriter to oversee the ongoing management and underwriting for a portfolio of commercial real estate loans, including monitoring performance, risk rating, and loan reporting. You will collaborate with CRM, RM, CO, and UW teams to support credit decisions and ensure policy compliance.

The role requires 2+ years in commercial credit analysis and portfolio management, with a finance-related degree and real estate training desirable.