Senior Credit Underwriter - Corporate Banking

Bank of America; New York (NY); On-site; USD 110,000 - 200,000; Full time

Benefits offered by this job

Industry-leading benefits

Discretionary incentive

Paid time off

Job summary

Bank of America is seeking a role focused on risk assessment and repayment capacity analysis for moderately to complex transactions within the Global Corporate Bank. The position emphasizes independent evaluation of borrower financials, policy adherence, and the preparation of Credit Approval Memorandums.

The role partners with Credit Officers, Relationship Management, and Risk teams to deliver integrated credit solutions and monitor portfolio performance.

Qualifications

• 5+ yrs Leasing, Equipment Finance or Commercial Credit Experience
• Proficient credit and risk analysis skills
• Proficient presentation, structuring and financial statement analysis skills
• Proficient Microsoft Office skills
• Proficient business writing skills
• In-depth Leasing/Equipment finance experience

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

Underwriting

Written Communications

Analytical Thinking

Credit Documentation

Financial Forecasting and Modeling

Recording/Organizing Information

Business Acumen

Collaboration

Loan Structuring

Prioritization

Education

BA/BS in Finance or related major

MBA/CFA preferred

High School Diploma

Tools

Microsoft Office

Job description

Bank of America is seeking a role focused on risk assessment and repayment capacity analysis for moderately to complex transactions within the Global Corporate Bank. The position emphasizes independent evaluation of borrower financials, policy adherence, and the preparation of Credit Approval Memorandums.

The role partners with Credit Officers, Relationship Management, and Risk teams to deliver integrated credit solutions and monitor portfolio performance.