Credit Underwriter I-II or Senior

Bank of America; Orlando (FL); On-site; USD 85,000 - 140,000; Full time

Job summary

Bank of America is seeking an experienced Underwriter on the Global Commercial Banking credit team to evaluate loans for middle-market companies with revenues from $50 million to $2 billion across the Tampa, Orlando and Jacksonville markets. You will work closely with Relationship Management, Debt Capital Markets, Investment Banking and product teams to analyze opportunities and monitor risk.

Reporting to a Senior Credit Manager, you will build detailed financial models, construct credit

Qualifications

• BA/BS degree required.
• 3–10 years of Commercial Banking underwriting experience.
• Proficiency in accounting principles and financial statement analysis.
• Solid foundation in credit analysis and risk evaluation.
• Understanding of credit documentation (term sheets, agreements, security).

Responsibilities

• Partner with credit teammates, relationship management and product teams to develop debt financing solutions.
• Structure bilateral and syndicated loans aligned with client needs and risk parameters.
• Analyze ancillary credit exposure for treasury, rates, and FX products.
• Perform due diligence and dynamic risk assessments of borrowers and industries.
• Create credit approval packages and manage the credit approval process from initiation to final decision.
• Construct cash flow and repayment models, including DCF and sensitivity analyses.
• Ensure adherence to policies, regulations and internal controls.
• Present opportunities to credit leadership with robust support and documentation.
• Collaborate with internal and external legal partners to complete loan documentation.
• Oversee quarterly monitoring and ensure timely compliance with monitoring requirements.

Skills

Attention to Detail

Credit & Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation

Financial Forecasting

Collaborative Skills

Loan Structuring

Education

BA/BS degree

Tools

Excel

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:

As an Underwriter on the Global Commercial Banking credit team, you will be responsible for underwriting loans and related credit exposure for a portfolio of middle market companies across a broad range of industries with annual revenues ranging from $50 million to $2 billion in the Tampa, Orlando, Jacksonville markets. Working in close partnership with Relationship Management, Debt Capital Markets, Investment Banking and other product teams, you will analyze lending opportunities and perform ongoing portfolio monitoring. You will report to a Senior Credit Manager and work day-to-day with a team of Credit Officers, fellow Underwriters and Credit Analysts.

Responsibilities:

• Partner with credit teammates, relationship management and product teams to develop strategic debt financing solutions
• Employ credit and accounting knowledge to structure bilateral and syndicated loans aligned with client needs and bank risk parameters
• Analyze ancillary credit exposure for treasury, rates and foreign exchange products
• Perform due diligence and dynamic risk assessments of borrowers, industries and transactions
• Create credit approval packages and own the credit approval process from initiation through final decision
• Construct detailed financial cash flow and repayment models, including sensitivity analyses
• Complete enterprise value (discounted cash flow), pricing, returns and risk rating models
• Ensure adherence to regulatory and internal policies and procedures
• Exercise approval authority for certain credit actions
• Present well supported opportunities to credit and risk leadership
• Partner with internal and external legal partners to complete loan documentation
• Oversee quarterly monitoring exercises and requirements

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
• 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

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