GCIB Credit Analyst — Underwriting & Portfolio Risk

Bank of America; New York (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Bank of America is seeking a Credit Analyst to evaluate client creditworthiness and support underwriting for new lending opportunities in the U.S. corporate banking group.

The role emphasizes analyzing financials, projections, covenants, and collateral to ensure alignment with risk appetite and timely credit decisions. Responsibilities include building models, monitoring risk, and collaborating with internal stakeholders, mentoring junior analysts, and delivering high-quality work within GCIB.

Qualifications

• 1+ years commercial and/or corporate banking credit experience
• Experience in underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Must have commercial credit analysis, financial modeling, traded products and underwriting experience
• Must have proficient Excel, Microsoft Word and Power Point skills
• Bachelor’s degree in finance, accounting or another related field
• Formal credit training or related certifications
• Strong foundation in finance and accounting with experience building three statement and/or cash flow financial models.

Responsibilities

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Trains, coaches, and mentors credit analysts, and collaborate with team members
• Credit coverage of Banks, Broker Dealers, and Exchange Companies clients
• Manage the end-to-end credit approval process by managing analysts and the portfolio monitoring team-work flow to ensure quality of work and timeline management of deliverables.

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 or another related field

Formal credit training or related certifications

Tools

Excel

Microsoft Word

PowerPoint

Job description

Bank of America is seeking a Credit Analyst to evaluate client creditworthiness and support underwriting for new lending opportunities in the U.S. corporate banking group.

The role emphasizes analyzing financials, projections, covenants, and collateral to ensure alignment with risk appetite and timely credit decisions. Responsibilities include building models, monitoring risk, and collaborating with internal stakeholders, mentoring junior analysts, and delivering high-quality work within GCIB.