Enterprise Credit Treasury Lending Underwriter I-II or Senior

NACBA; Boston (MA); Hybrid; USD 75,000 - 150,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America is hiring for a credit underwriting role focused on Treasury and Card facilities in Boston. The position requires extensive underwriting and risk assessment experience, with authority to approve credit within grids.

Collaboration with relationship managers and risk teams is essential to deliver solutions. The role emphasizes strong financial analysis, data quality, and mentoring junior staff in a fast-paced environment.

Qualifications

• Minimum 5-7+ years of COMMERCIAL underwriting and credit analysis.
• 3+ years of commercial credit decisioning experience with approval signature authority.
• Formal commercial credit training or equivalent work experience.
• Prior experience in a high volume production environment.
• Superior teamwork skills in the commercial market space.
• Bachelor's degree or equivalent in business administration, finance, accounting or economics.

Responsibilities

• Analyze, underwrite, and approve credit solutions for existing and new Treasury and card clients; approve Treasury and Card credit requests in accordance with applicable credit approval grid
• Conduct credit analysis including financial spreads, risk rating scorecards, industry assessment, cash flow; complete Credit Approval documentation
• Evaluate credit worthiness and provide analysis and decisioning on whether a client should be approved for a Treasury or Card credit facility
• Ensure underwriting complies with Bank credit policy and procedures
• Partner with Relationship Managers, Treasury Sales Officers, and Risk teammates to assess and deliver Treasury and Card credit solutions
• Ensure data quality of credit related client and deal information
• Mentor and assist junior team members as applicable

Skills

Attention to Detail

Credit & Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation

Financial Forecasting

Recording/Organizing Info

Business Acumen

Collaboration

Collateral Management

Loan Structuring

Prioritization

Education

Bachelor's 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:

Responsible for Middle Market, Business Banking, HENFP, CREB, HSTR. DFS, and GWIM underwriting, structuring and approving credit actions for new Treasury Management and Card credit requests, renewals, and reviews. Exercises single signature approval authority for Intraday and Card credit exposure per applicable approval grids. Credit decisions must meet underwriting quality and risk management standards and comply with bank policies and procedures. Strong credit skills with ability to work independently and reach credit decisions timely and efficiently. Will also provide leadership and periodically provide concurrence approval on policy and underwriting exception variances in addition to dollar amount concurrences. May participate in projects and initiatives to achieve strategic objectives of the organization.

Responsibilities:

• Analyze, underwrite, and approve credit solutions for existing and new Treasury and card clients; approve Treasury and Card credit requests in accordance with applicable credit approval grid
• Conduct credit analysis including financial spreads, risk rating scorecards, industry assessment, cash flow; complete Credit Approval documentation
• Evaluate credit worthiness and provide analysis and decisioning on whether a client should be approved for a Treasury or Card credit facility
• Ensure underwriting complies with Bank credit policy and procedures
• Partner with Relationship Managers, Treasury Sales Officers, and Risk teammates to assess and deliver Treasury and Card credit solutions
• Ensure data quality of credit related client and deal information
• Mentor and assist junior team members as applicable

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:

• Minimum of 5-7 plus years of COMMERCIAL(Business Banking, Middle Market, Heath Education Not For Profit, Commercial Real Estate Banking, Dealer Financial Services, Global Wealth Investment Management) underwriting and credit analysis
• 3 plus years of commercial credit decisioning experience with approval signature authority
• Formal commercial credit training or equivalent work experience.
• Prior experience in a high volume production environment
• Superior teamwork skills in the commercial market space.
• Bachelor's degree or equivalent work experience, preferably in business administration, finance, accounting or economics

Desired Qualifications:

• Line management and administrative experience desired.
• Knowledge of Treasury Cash Management products and Commercial Card.
• Prior Sales and/or customer service experience also preferred

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Ontario - 901 Via Piemonte (CA6540), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NJ - Iselin - 194 WOOD AVE S (NJ7550), US - NY - New York - 115 W 42nd St - BANK OF AMERICA TOWER AT ONE BRYANT PARK (NY5362), US - RI - Providence - 1 Financial Plz - 1 Financial Plaza (RI1537), US - WA - Seattle - 401 Union St - Rainier Square (WA1510)

Pay and benefits information

Pay range

$75,000.00 - $150,000.00 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.