Senior Credit Underwriter – Leasing & Global Vendor Finance

Bank of America; Chicago (IL); On-site; USD 73,000 - 149,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Discretionary incentive program

Job summary

Bank of America Corporation in Chicago, IL seeks an experienced credit underwriting professional to deliver integrated credit solutions for end-user clients. The role focuses on evaluating risk, underwriting new transactions, and negotiating terms with internal stakeholders to ensure compliant financing.

Responsibilities include analyzing financial statements, developing risk ratings, and identifying mitigating factors while coordinating with Risk Management Officers and Credit Product Managers

Qualifications

• 3+ years of commercial credit underwriting and credit analysis experience
• Must have effective presentation, structuring, financial statementand risk analysis skills
• Bachelor’s degree in Finance/Accounting or equivalent experience is preferred

Responsibilities

• Evaluate new end-user credit opportunities including identification and assessment of risks and identifies mitigating factors
• Partner 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
• Underwrite new transactions, analyze credit risk, negotiate and close transactions, while adhering to internal policy, procedures and regulatory requirements
• Structure 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)

Skills

Analytical Thinking

Financial Analysis

Credit and Risk Assessment

Underwriting

Written Communications

Attention to Detail

Portfolio Analysis

Risk Management

Education

Bachelor’s degree in Finance/Accounting or equivalent experience

Job description

Bank of America Corporation in Chicago, IL seeks an experienced credit underwriting professional to deliver integrated credit solutions for end-user clients. The role focuses on evaluating risk, underwriting new transactions, and negotiating terms with internal stakeholders to ensure compliant financing.

Responsibilities include analyzing financial statements, developing risk ratings, and identifying mitigating factors while coordinating with Risk Management Officers and Credit Product Managers