Credit Risk Analyst II – Analytical, Impactful Underwriting

Bank of America Corporation; Charlotte (NC); On-site; USD 65,000 - 90,000; Full time

Job summary

Bank of America Corporation in Charlotte, NC seeks a Credit Analyst II to analyze client creditworthiness and support underwriting for new lending opportunities. The role requires evaluating financial data, industry trends, and collateral, while ensuring policy compliance and timely monitoring.

The position emphasizes building projection models, participating in loan structure discussions, and collaborating with internal stakeholders to drive accurate credit decisions and portfolio monitoring.

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.
• Strong attention to detail and analytical skills.
• Effective written communication skills.
• Ability to manage multiple assignments and work effectively in a team environment.

Responsibilities

• Analyze client financial information and assess credit worthiness with consideration of risks and collateral.
• Monitor client performance and ensure compliance with policy and procedures.
• Attend client meetings to understand business context and performance history.
• Review client requests for accuracy and adherence to credit policies.
• Support internal stakeholders and regulatory reporting with credit data.
• Assist with periodic portfolio reviews and loan documentation.
• Participate in loan structure discussions and related documentation.
• Evaluate risk-adjusted profitability to inform capital allocation.
• Build financial projections based on historical data and industry forecasts.
• Analyze client financials to support credit decisions and monitoring.
• Perform ongoing monitoring of financial performance and collateral positions.
• Assist with loan structuring and documentation preparation.
• Review credit submissions for completeness and compliance.
• Engage in client meetings and portfolio reviews to deepen understanding of business.

Skills

Analytical Thinking

Financial Analysis

Financial Forecasting and Modeling

Profitability Analysis

Research Analysis

Attention to Detail

Business Acumen

Credit and Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Portfolio Analysis

Prioritization

Technical Documentation

Education

Bachelor’s degree in finance, Accounting, Economics, Business, or related field

Tools

Microsoft Excel

Job description

Bank of America Corporation in Charlotte, NC seeks a Credit Analyst II to analyze client creditworthiness and support underwriting for new lending opportunities. The role requires evaluating financial data, industry trends, and collateral, while ensuring policy compliance and timely monitoring.

The position emphasizes building projection models, participating in loan structure discussions, and collaborating with internal stakeholders to drive accurate credit decisions and portfolio monitoring.