Leasing Credit Officer II

Bank of America; Chicago (IL); On-site; USD 81,000 - 171,000; Full time

Job summary

An established industry player is seeking a skilled credit analyst to deliver integrated credit solutions and manage portfolios. This role offers the chance to work closely with clients, assess credit risks, and propose optimal financing alternatives. With a commitment to diversity and inclusion, the company fosters a supportive environment for personal and professional growth. Join a team that values your contributions and offers industry-leading benefits, while you make a genuine impact in the financial sector. If you have a passion for finance and a desire to grow your career, this opportunity is perfect for you.

Benefits

Industry-leading benefits

Paid time off

Discretionary incentive eligibility

Qualifications

• 3+ years of commercial credit underwriting and analysis experience required.
• Strong presentation, structuring, and risk analysis skills are essential.

Responsibilities

• Deliver integrated credit solutions and manage ongoing portfolio management.
• Evaluate and underwrite new credit opportunities, assessing risks and strengths.

Skills

Financial Analysis

Loan Structuring

Research Analysis

Risk Management

Underwriting

Account Management

Credit Documentation Requirements

Credit and Risk Assessment

Decision Making

Issue Management

Analytical Thinking

Coaching

Collaboration

Critical Thinking

Customer and Client Focus

Education

Bachelor’s degree in Finance/Accounting

Equivalent experience

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Responsibilities:

• This job is responsible for the delivery of integrated credit solutions to clients as well as on-going portfolio management.
• Evaluate and underwrite new end-user credit opportunities, including the identification and assessment of all strengths, weaknesses, and risks (including operational) associated with the opportunity as well as identifying and describing mitigating factors.
• Responsible for the evaluation, review and written analysis of all factors that affect an entity’s ability to repay and/or service their obligations in a timely manner.
• The LCO II uses their skill set to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions.
• Manage credit quality and the approval process through interaction with Risk Management Officers, GVF Marketing Officers, and Credit Products Managers.

Responsibilities:

• Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors.
• Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client.
• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements.
• Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral).
• Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.

Required Qualifications:

• 3+ years commercial credit underwriting and credit analysis experience.
• Must have effective presentation, structuring, financial statement and risk analysis skills.

Desired Qualifications:

• 10+ years commercial credit underwriting and credit analysis experience.
• Bachelor’s degree in Finance/Accounting or equivalent experience is preferred.

Skills:

• Financial Analysis
• Loan Structuring
• Research Analysis
• Risk Management
• Underwriting
• Account Management
• Credit Documentation Requirements
• Credit and Risk Assessment
• Decision Making
• Issue Management
• Analytical Thinking
• Coaching
• Collaboration
• Critical Thinking
• Customer and Client Focus

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details:

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110) Pay and benefits information Pay range $81,000.00 - $170,100.00 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.