Credit Officer I-Global Infrastructure Credit

Bank of America; New York (NY); On-site; USD 130,000 - 201,000; Full time

Job summary

Bank of America in New York, NY is seeking a Global Infrastructure Credit Officer to manage a portfolio of tax equity and project financings. The role involves underwriting, monitoring, and coordinating with related risk teams to support client relationships and credit administration.

The candidate will engage with originators, risk management, and legal teams, lead diligence, and ensure compliance with Bank of America’s Credit Policy and guidelines.

Qualifications

• 4+ years of experience in banking or finance industry in corporate credit, tax equity, project finance and/or renewable energy.
• Ability to review, understand and interpret legal documentation of complex transactions and their impact on credit exposure.
• Ability to work efficiently and productively on multiple transactions or tasks at one time.
• Ability to independently lead diligence efforts, make approval recommendations, and execute timely funding.
• Computer skills: proficient in Excel, Word and PowerPoint

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
• Performs periodic project performance and financial reviews of transactions.
• Prepares and writes periodic status reviews and update risk rating scorecards
• Monitors the credit profile of key transaction counterparties (e.g. borrowers, off-takers, project sponsors and servicers)
• Ensures compliance with the terms of and reporting requirements of transaction agreements
• Evaluates and processes project related consent requests (e.g., amendments, waivers, extensions) from clients]
• Provides timely responses to inquiries on the portfolio from senior credit and risk management team members

Skills

Analytical Thinking

Credit and Risk Assessment

Financial Analysis

Underwriting

Attention to Detail

Loan Structuring

Written Communications

Portfolio Analysis

Stakeholder Management

Education

Bachelor's Degree in Finance, Accounting or related major

Tools

Excel

Word

PowerPoint

Job description

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description: This job is responsible for managing clients and related credit products, partnering closely with relationship management, sales/trading, treasury management, operations and risk teams to support the client relationship. Key responsibilities include underwriting, monitoring, managing operational needs and/or client requests. Job expectations include credit-focused client management responsibilities, independent thought leadership, and the ability to provide feedback to less experienced teammates. The Global Infrastructure Credit Officer will be responsible for the ongoing credit administration, monitoring, review, and analysis for a designated portfolio of tax equity (e.g., distributed generation solar, fuel cell, EV, storage) and debt project financings originated by the Global Infrastructure & Sustainable Finance Group. The Credit Officer may also be involved in the execution of tranche fundings of closed tax equity and project finance transactions. A key element of Credit Officer role will be ongoing credit responsibility for a designated portfolio of tax equity, debt project and structured financings. This will include the preparation of periodic status reviews documents and risk rating scorecards. Additionally, the Credit Officer will be familiar with and adhere to the transaction management and monitoring requirements outlined in Bank of America’s Credit Policy and guidelines. The Credit Officer will provide timely responses to inquiries on the portfolio from senior credit and risk management team members. In executing these duties, the Credit Officer will interact with Originators, Credit Underwriting, Risk Management, Engineering Support, Modelling and Legal officers as needed. The Credit Officer will also have significant interaction with our clients in the context of routine administration and project/financial performance discussions, as well as to address any credit or technical issues that may develop with individual transactions or projects. These interactions may include the review and negotiation of potential transaction document modifications or transaction restructurings.

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
• Performs periodic project performance and financial reviews of transactions.
• Prepares and writes periodic status reviews and update risk rating scorecards.
• Monitors the credit profile of key transaction counterparties (e.g. borrowers, off-takers, project sponsors and servicers).
• Ensures compliance with the terms of and reporting requirements of transaction agreements.
• Evaluates and processes project related consent requests (e.g., amendments, waivers, extensions) from clients.
• Provides timely responses to inquiries on the portfolio from senior credit and risk management team members.

Required Qualifications

• 4+ years of experience in banking or finance industry in corporate credit, tax equity, project finance and/or renewable energy.
• Ability to review, understand and interpret legal documentation of complex transactions and their impact on credit exposure.
• Ability to work efficiently and productively on multiple transactions or tasks at one time.
• Ability to independently lead diligence efforts, make approval recommendations, and execute timely funding.
• Computer skills: proficient in Excel, Word and PowerPoint

Desired Qualifications

Desired Qualifications: Bachelor's Degree in Finance, Accounting or related major.

Skills

• Analytical Thinking
• Credit and Risk Assessment
• Financial Analysis
• Research Analysis
• Underwriting
• Attention to Detail
• Business Acumen
• Financial Forecasting and Modeling
• Loan Structuring
• Written Communications
• Business Development Collaboration
• Critical Thinking
• Portfolio Analysis
• Stakeholder Management

Shift: 1st shift (United States of America)

Hours Per Week: 40

Pay Transparency details US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay and benefits information Pay range $130,000.00 - $201,200.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency