Senior Credit Underwriter — Complex Corporate Lending

Internationalinsuranceprofessionals; Boston (MA); On-site; USD 110,000 - 200,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Job summary

Bank of America is seeking a Credit Underwriter to perform risk assessment and repayment capacity analysis for moderately complex to complex transactions in a corporate banking setting. The role collaborates with Credit Officers, Relationship Management, and Risk teams to deliver integrated credit solutions and monitor portfolio performance.

The position can be filled as a Sr. Credit Underwriter or Credit Underwriter II, with a focus on maintaining policy adherence and delivering sound financial

Qualifications

• Minimum 5+ yrs Leasing, Equipment Finance or Commercial Credit Experience
• Proficient credit and risk analysis skills
• Proficient presentation, structuring and financial statement analysis skills
• Proficient business writing skills

Responsibilities

• Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
• Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities
• Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making process
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements
• Evaluates new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors
• Partners with client-facing teammates to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client
• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements
• Structures the terms of a lease/loan with respect to the various aspects that make up a lease/loan (e.g. pricing, rates, payment, term, collateral)
• Manages the credit process for a portfolio of clients including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted

Skills

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Written Communications

Analytical Thinking

Loan Structuring

Collaboration

Prioritization

Education

High School Diploma / GED / Secondary School or equivalent

Tools

Microsoft Office

Job description

Bank of America is seeking a Credit Underwriter to perform risk assessment and repayment capacity analysis for moderately complex to complex transactions in a corporate banking setting. The role collaborates with Credit Officers, Relationship Management, and Risk teams to deliver integrated credit solutions and monitor portfolio performance.

The position can be filled as a Sr. Credit Underwriter or Credit Underwriter II, with a focus on maintaining policy adherence and delivering sound financial