Senior Credit Underwriter - Global UHNW Lending

Bank of America; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Bank of America is hiring a Senior Credit Underwriter in New York, NY. This position involves managing credit underwriting for moderate to high complexity transactions and working closely with relationship managers. The successful candidate will review and analyze financial data, lead loan structure conversations, and ensure compliance with regulations. Candidates with 8+ years of experience in private wealth management, proficiency with financial analysis tools, and strong credit assessment skills are encouraged to apply. Competitive compensation and benefits are offered.

Qualifications

• 8+ years of private wealth management credit or commercial credit experience.
• Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams.
• Proficiency in Word, Excel and PowerPoint.

Responsibilities

• Manages a portfolio of clients underwriting moderate to high complexity.
• Independently works with Relationship Management, and Risk teammates.
• Delivers financial modeling and analysis to support loan decisions.
• Reviews work of junior teammates for compliance.
• Leads loan structure conversations and documentation.
• Completes Credit Approval Memos for loan approvals.
• Synthesizes financial information to understand clients' financial standing.
• Negotiate loan structure and covenants during documentation.

Skills

Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation Requirements

Financial Forecasting and Modeling

Recording/Organizing Information

Business Acumen

Collaboration

Collateral Management

Loan Structuring

Prioritization

Education

Bachelor's degree in business administration, finance, accounting or economics preferred

High School Diploma / GED / Secondary School or equivalent

Tools

Word

Excel

PowerPoint

Job description

Bank of America is hiring a Senior Credit Underwriter in New York, NY. This position involves managing credit underwriting for moderate to high complexity transactions and working closely with relationship managers. The successful candidate will review and analyze financial data, lead loan structure conversations, and ensure compliance with regulations. Candidates with 8+ years of experience in private wealth management, proficiency with financial analysis tools, and strong credit assessment skills are encouraged to apply. Competitive compensation and benefits are offered.