Public Finance Credit Underwriter II

Bank of America Corporation; Boston (MA); On-site; USD 87,000 - 200,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Industry-leading benefits

Job summary

Bank of America in Boston is seeking an experienced credit underwriting professional focused on US State and Local government entities. You will lead analysis, collaborate across Credit Officers, Relationship Management, and Risk teams, and deliver sound credit solutions.

You will assess complex transactions, monitor credit quality, and prepare approval memoranda to support sound decisions. This role emphasizes teamwork, accuracy, and regulatory diligence.

Qualifications

• This role requires 5+ years in commercial banking, finance, or municipal credit.
• Experience with analysis and structuring of complex transactions is essential.
• Strong credit and risk analysis, and reliable financial statement interpretation.
• Proven ability to negotiate third-party documents and trends in underwriting.

Responsibilities

• Leads the credit analysis process with support from analysts and associates.
• Partner with Credit Officers, Relationship Management, and Risk teams to meet structuring needs.
• Monitor performance and financial condition, identifying issues and opportunities.
• Deliver financial modeling, loan structure, and market analyses for loan decisions.
• Review junior work to ensure regulatory compliance and accuracy.
• Possibly own portfolio coverage with limited complexity and approval authority.
• Participate in loan documentation with internal/external legal partners.
• Build projection models based on history and forecasts.
• Pre-screen transactions for credit worthiness and product solutions.
• Analyze financial statements of US State and Local governmental entities.
• Prepare credit approval memoranda with thorough due diligence.
• Engage in ongoing documentation negotiations as required.

Skills

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

Education

Undergraduate degree in finance, accounting or related field is preferred

Tools

Microsoft Office

Job description

Bank of America in Boston is seeking an experienced credit underwriting professional focused on US State and Local government entities. You will lead analysis, collaborate across Credit Officers, Relationship Management, and Risk teams, and deliver sound credit solutions.

You will assess complex transactions, monitor credit quality, and prepare approval memoranda to support sound decisions. This role emphasizes teamwork, accuracy, and regulatory diligence.