Senior Commercial Credit Underwriter – Middle Market

Bank of America Corporation

San Francisco (CA)

On-site

USD 89,000 - 188,000

Full time

6 days ago

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Benefits offered by this job

Industry-leading benefits

Annual discretionary plan

Paid time off

Job summary

Bank of America Corporation is seeking an Underwriter for the Global Commercial Banking credit team to assess lending opportunities for middle market companies across diverse industries in the San Francisco / Greater Bay Area. You will partner with Relationship Management, Debt Capital Markets, Investment Banking and product teams to analyze credit exposure and monitor portfolios.

You will report to a Senior Credit Manager and collaborate with Credit Officers, Analysts and other stakeholders to

Qualifications

BA/BS degree required
3 to 10 years of Commercial Banking underwriting experience
Proficiency in accounting principles, financial statement analysis and financial modeling
Solid foundation in credit analysis, including evaluation of business risk, industry trends and capital structures
Understanding of credit documentation, including term sheets, credit agreements and ancillary agreements
Strong written and verbal communication skills
Unwavering attention to detail and accuracy
Ability to work in a fast paced, deadline driven environment
Ability to juggle and prioritize multiple transactions and responsibilities at a time

Responsibilities

Partner with credit teammates, relationship management and product teams to develop strategic debt financing solutions
Employ credit and accounting knowledge to structure bilateral and syndicated loans aligned with client needs and bank risk parameters
Analyze ancillary credit exposure for treasury, rates and foreign exchange products
Perform due diligence and dynamic risk assessments of borrowers, industries and transactions
Create credit approval packages and own the credit approval process from initiation through final decision
Construct detailed financial cash flow and repayment models, including sensitivity analyses
Complete enterprise value (discounted cash flow), pricing, returns and risk rating models
Ensure adherence to regulatory and internal policies and procedures
Exercise approval authority for certain credit actions
Present well supported opportunities to credit and risk leadership
Partner with internal and external legal partners to complete loan documentation
Oversee quarterly monitoring exercises and requirements