Credit Underwriter I, II or Senior

Bank of America; Charlotte (NC); On-site; USD 90,000 - 150,000; Full time

Job summary

Bank of America’s Sports Finance & Advisory team seeks a credit-focused underwriting professional to manage portfolios and independently support credit decisions. You will collaborate with Relationship Management and Risk partners to structure loans, perform in-depth financial analysis, and coach junior staff on credit requirements.

The role emphasizes leading loan structuring discussions, ensuring timely analyses, and maintaining compliance with applicable laws and internal policies within a

Qualifications

• BA/BS degree required.
• 3 to 10 years of Commercial Banking underwriting experience.
• Proficiency in accounting principles, financial statement analysis and financial modeling.
• Solid foundation in credit analysis including evaluation of business risk, industry trends and capital structures.
• Understanding of credit documentation including term sheets, credit agreements and ancillary agreements.
• Strong written and verbal communication skills.
• Unwavering attention to detail and accuracy.
• Ability to work in a fast paced, deadline driven environment.
• Ability to juggle and prioritize multiple transactions and responsibilities at a time.

Responsibilities

• Manages a portfolio of clients supporting underwriting and/or monitoring requirements with limited to moderate complexity.
• Independently works with Relationship Management and Risk teammates to understand structuring needs and requirements.
• Delivers financial modeling, loan structure, industry, economic, and other analyses to support the loan decision-making process.
• Reviews work of junior teammates to provide feedback and coaching and ensure compliance with laws, rules, regulations and policy procedure.
• Has credit approval for certain credit actions.
• Leads loan structure conversations and completion of loan documentation with internal/external legal partners.

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

Loan Structuring

Prioritization

Education

BA/BS degree

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 role is a great opportunity to highlight the unique nature of the Sports Finance & Advisory team and attract candidates who are interested in building deep industry expertise while working in a highly collaborative environment.

As a dedicated specialty team, Sports Finance & Advisory operates with an integrated coverage model, providing financing solutions and strategic advice exclusively to organizations within the sports ecosystem. This position offers a unique opportunity to develop deep industry expertise, build relationships across the sports landscape, and work alongside experienced professionals focused on one of the most dynamic sectors in commercial banking.

This job is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include independently managing transactions or portfolios of limited to moderate complexity, completing and reviewing credit analysis, evaluating risks, and writing financial analysis. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.

Responsibilities:

• Manages a portfolio of clients supporting underwriting and/or monitoring requirements with limited to moderate complexity
• Independently works with Relationship Management, and Risk teammates to understand structuring needs and requirements
• Delivers 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
• Leads loan structure conversations and completion of loan documentation with internal/external legal partners

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

Required Qualifications:

• BA/BS degree required
• 3 to 10 years of Commercial Banking (Middle Market, Large Corporate or Leveraged Finance) underwriting experience
• Proficiency in accounting principles, financial statement analysis and financial modeling
• Solid foundation in credit analysis, including evaluation of business risk, industry trends and capital structures
• Understanding of credit documentation, including term sheets, credit agreements and ancillary agreements (e.g. security, guarantee and intercreditor agreements)
• Strong written and verbal communication skills
• Unwavening attention to detail and accuracy
• Ability to work in a fast paced, deadline driven environment
• Ability to juggle and prioritize multiple transactions and responsibilities at a time

Desired Qualifications:

• Experience with the syndicated loan execution process
• Knowledge of derivative products and documentation (i.e. ISDA agreements)
• Capability to conduct negotiations with clients

Shift:

1st shift (United States of America)

Hours Per Week:

40