Senior Commercial Underwriter - Middle-Market Lending

Bank of America Corporation; San Francisco (CA); On-site; USD 89,000 - 188,000; Full time

Job summary

Bank of America Corporation is seeking an Underwriter for the Global Commercial Banking credit team in the San Francisco Bay Area. You will underwrite loans for middle market clients and collaborate with Relationship Management, Debt Capital Markets, and Investment Banking to assess credit opportunities.

You will build cash flow and credit models, perform due diligence, prepare credit approval packages, and ensure compliance with policies.

Qualifications

• BA/BS degree required.
• 3–10 years 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 (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.

Responsibilities

• Develop strategic debt financing solutions with credit teammates, relationship management and product teams.
• Structure bilateral and syndicated loans aligned with client needs and bank risk parameters.
• Analyze ancillary credit exposure for treasury, rates and FX 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.
• Ensure adherence to regulatory and internal policies and procedures.
• 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.

Skills

Attention to detail

Credit risk assessment

Financial analysis

Underwriting

Written communication

Analytical thinking

Credit documentation

Forecasting & modeling

Record keeping

Business acumen

Collaboration

Collateral management

Loan structuring

Prioritization

Education

BA/BS degree

Job description

Bank of America Corporation is seeking an Underwriter for the Global Commercial Banking credit team in the San Francisco Bay Area. You will underwrite loans for middle market clients and collaborate with Relationship Management, Debt Capital Markets, and Investment Banking to assess credit opportunities.

You will build cash flow and credit models, perform due diligence, prepare credit approval packages, and ensure compliance with policies.