Credit UW II or Senior Credit Underwriter

Merrill; San Francisco (CA); Sur place; USD 89 000 - 188 000; Plein temps

Résumé du poste

Bank of America in San Francisco is seeking an Underwriter for the Global Commercial Banking credit team to underwrite loans and credit exposure for middle market companies with $50M-$2B revenues in the SF/Greater Bay Area. You will collaborate with Relationship Management, Debt Capital Markets, Investment Banking, and product teams.

Responsibilities include developing debt financing solutions, structuring bilateral and syndicated loans, performing due diligence, building cash flow models,

Qualifications

• BA/BS degree required.
• 3 to 10 years of Commercial Banking underwriting experience (Middle Market, Large Corporate or Leveraged Finance).
• 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 (term sheets, credit agreements, etc.).

Responsabilités

• Partner with credit teammates and product teams to develop strategic 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, industries and transactions.
• Create credit approval packages and manage the approval process from initiation to final decision.
• Construct detailed financial cash flow and repayment models with sensitivity analyses.
• Complete enterprise value analyses and pricing, and assess risk ratings.
• Ensure adherence to regulatory and internal policies and procedures.
• Exercise approval authority for certain credit actions.
• Present opportunities to credit and risk leadership with supporting data.
• Collaborate with internal and external legal teams to complete loan documentation.
• Oversee quarterly monitoring exercises and requirements.

Connaissances

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation

Financial Forecasting

Recording/Organizing Information

Business Acumen

Collaboration

Loan Structuring

Prioritization

Formation

BA/BS degree

Description du poste

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.

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 San Francisco / Greater Bay Area market. 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

Pay Transparency details

US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705)

Pay and benefits information

Pay range

$89,000.00 - $187,500.00 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 a