Senior Credit Analyst & Underwriter – Risk & Approvals

Bank of America; San Francisco (CA); Hybrid; USD 90,000 - 115,000; Full time

Job summary

Bank of America is seeking a credit risk professional to analyse client credit worthiness, evaluate risks, and write credit approval memos for renewals and new lending opportunities. This role focuses on qualitative and quantitative data including financials, projections, industry data, covenants, and collateral.

You will support underwriting and monitoring in partnership with a credit team, review analyses, coach teammates, and lead the process to ensure timely, accurate decisions.

Qualifications

• 3 years of commercial and/or corporate banking credit experience.
• Experience in underwriting, credit risk analysis, negotiation, and closing of transactions.
• Proficient in Excel, Word and PowerPoint.
• Strong written and verbal communication skills.
• Team-oriented with collaborative mindset.

Responsibilities

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Trains, coaches, and mentors credit analysts, and collaborate with team members
• Credit coverage of Banks, Broker Dealers, and Exchange Companies clients
• Manage the end-to-end credit approval process by managing analysts and the portfolio monitoring team-work flow to ensure quality of work and timeline management of deliverables.

Skills

Credit analysis

Excel

PowerPoint

Written and verbal communication

Team player

Education

Bachelor's degree in finance or accounting

High School Diploma / GED

Formal credit training or related certifications

Job description

Bank of America is seeking a credit risk professional to analyse client credit worthiness, evaluate risks, and write credit approval memos for renewals and new lending opportunities. This role focuses on qualitative and quantitative data including financials, projections, industry data, covenants, and collateral.

You will support underwriting and monitoring in partnership with a credit team, review analyses, coach teammates, and lead the process to ensure timely, accurate decisions.