Credit Analyst II — Risk & Growth Impact

Bank of America; Charlotte (NC); On-site; USD 65,000 - 95,000; Full time

Job summary

Bank of America in Charlotte, NC is seeking a Credit Analyst II to analyze client financial information, assess creditworthiness, and prepare credit analyses for approval and ongoing monitoring. You will work with a credit team to support underwriting and monitoring for new and existing clients.

Responsibilities include evaluating collateral, ensuring regulatory compliance, building projection models, and contributing to loan structuring.

Qualifications

• Minimum 1 year of experience in credit analysis, underwriting support, or financial analysis.
• Basic understanding of financial statements, cash flow analysis, and credit risk concepts.
• Ability to complete routine credit analysis and monitoring tasks with accuracy and timeliness.
• Experience preparing or contributing to written financial or credit analysis documentation.
• Proficiency in Microsoft Excel and ability to work with financial data and reports.

Responsibilities

• Analyzes client financial information, identification/mitigation of potential risks, compliance with regulatory requirements and evaluation of collateral in determination of credit worthiness.
• Completes monitoring activities via analysis of clients' financial performance and collateral evaluation to ensure appropriate requirements are met.
• Listens in to client meetings to develop a deeper understanding of the client's business, management team, and past and future performance.
• Reviews completed client requests to ensure compliance with policy and procedures.
• Understands how credit data is used internally and provided to regulatory partners.
• Assists with periodic portfolio reviews.
• Participates in loan structure conversations and completion of loan documentation.
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital.
• Build projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings.
• Analyze client financial information to assess creditworthiness, identify and mitigate risks, evaluate collateral, and ensure compliance with regulatory requirements and internal credit policies.
• Perform ongoing monitoring activities, including analysis of client financial performance and collateral positions, to proactively identify risks and trends.
• Support loan structuring and execution by participating in discussions and assisting with the preparation and completion of loan documentation.
• Review client requests and credit submissions to ensure accuracy, completeness, and adherence to credit policies and procedures.
• Participate in client meetings and portfolio reviews to deepen understanding of the client's business, management team, and performance, while supporting internal and regulatory use of credit data.

Skills

Analytical Thinking

Financial Analysis

Financial Forecasting and Modeling

Profitability Analysis

Research Analysis

Attention to Detail

Credit and Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Portfolio Analysis

Prioritization

Technical Documentation

Education

Bachelor's degree in finance

Tools

Microsoft Excel

Job description

Bank of America in Charlotte, NC is seeking a Credit Analyst II to analyze client financial information, assess creditworthiness, and prepare credit analyses for approval and ongoing monitoring. You will work with a credit team to support underwriting and monitoring for new and existing clients.

Responsibilities include evaluating collateral, ensuring regulatory compliance, building projection models, and contributing to loan structuring.