Leasing Credit Officer II/Leasing Credit Senior Officer – Municipal Finance

Bank of America; New York (NY); On-site; USD 81,000 - 200,000; Full time

Job summary

An established industry player is seeking a Leasing Credit Senior Officer to provide integrated credit solutions to governmental entities. This role emphasizes collaboration with client-facing teams to deliver tailored financial products while ensuring credit quality and risk management. The successful candidate will have a strong background in commercial banking, with a focus on underwriting and negotiating transactions. Join a company committed to fostering an inclusive workplace that values growth and community impact, where your expertise will help shape the future of public finance.

Benefits

Industry-leading benefits

Paid time off

Discretionary incentive eligibility

Resources and support for employees

Qualifications

• 5+ years in commercial banking or finance with strong credit experience.
• Proficient in analyzing complex transactions and financial statements.

Responsibilities

• Pre-screen transactions to determine credit worthiness and solutions.
• Analyze financial statements of governmental entities.

Skills

Risk Management

Financial Analysis

Research Analysis

Loan Structuring

Underwriting

Credit and Risk Assessment

Issue Management

Credit Documentation Requirements

Coaching

Decision Making

Analytical Thinking

Collaboration

Critical Thinking

Customer and Client Focus

Leasing Structuring

Public Finance Credit Experience

Education

Undergraduate degree in finance, accounting or related field

Tools

Microsoft Office

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 an 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!

Leasing Credit Senior Officer:

Responsible for delivery of integrated credit solutions to US State and Local governmental entities, including public higher education. Partner closely with client-facing teammates to consult on sales opportunities and provide the product expertise necessary to deliver the best possible solution to the client. Key responsibilities include underwriting and negotiating new transactions, partnering with client-facing teammates to consult on sales opportunities, and providing the product expertise to deliver effective client solutions.

Proactively partners with client teams to plan key credit relationship strategy focusing on balance of risk and reward. Directly accountable for managing credit quality and the approval process through interaction with Risk Management Officers.

Responsibilities:

• Pre-screen new transactions for existing and new clients to determine credit worthiness and appropriate credit product solutions.
• Analyzing US State and Local governmental entities’ financial statements.
• Responsible for underwriting credit approval memoranda for mandated transactions, incorporating thorough credit analysis and due diligence.
• Participates in ongoing documentation negotiations as required.

Required Qualifications:

• 5+ years of experience for the LCO II, and 10+ years experience for the LCSO in commercial banking, finance or credit ratings industries with significant credit experience.
• Experience in the analysis and structuring of complex transactions.
• Strong credit and risk analysis skills.
• Strong presentation, structuring and financial statement analysis skills.
• Proven ability to analyze, interpret and negotiate third party documentation.
• Proven ability to identify trends and emerging risks in underwriting and client selection.
• Proficient Microsoft Office skills.

Desired Qualifications:

• Municipal Lending Experience.
• Undergraduate degree in finance, accounting or related field preferred.

Skills:

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

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details:

Pay range $81,000.00 - $200,000.00 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 include 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.