Senior Credit Underwriter — Vendor & Corporate

Bank of America Corporation; Chicago (IL); On-site; USD 87,000 - 200,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Job summary

Bank of America in Chicago is seeking a Credit Underwriter II to support underwriting and monitoring for a portfolio of vendor programs and existing clients. You will independently manage low-complexity transactions, perform credit analysis, evaluate risks, and prepare financial analyses while coaching teammates on credit requirements.

The role emphasizes leadership in process execution, timely analysis, and adherence to internal policies.

Qualifications

• 3+ years of commercial credit underwriting experience (Middle Market, Large Corporate, Leveraged Finance) and credit analysis capabilities.
• Must demonstrate effective presentation, structuring, financial statement and risk analysis skills.

Responsibilities

• Manage risk of a portfolio of vendor programs and prepare periodic status reviews and renewals.
• Evaluate new end-user credit opportunities; identify risks and mitigating factors.
• Partner with client-facing teammates to consult on sales opportunities and deliver optimal client solutions.
• Underwrite new transactions, analyze credit risk, negotiate and close deals in line with policy and regulatory requirements.
• Structure lease/loan terms including pricing, rates, payment, term, and collateral.
• Review financial statements and confirm accuracy of risk ratings.

Skills

Portfolio risk

Credit risk evaluation

Financial statement analysis

Credit underwriting

Negotiation & closing

Client consultation

Job description

Bank of America in Chicago is seeking a Credit Underwriter II to support underwriting and monitoring for a portfolio of vendor programs and existing clients. You will independently manage low-complexity transactions, perform credit analysis, evaluate risks, and prepare financial analyses while coaching teammates on credit requirements.

The role emphasizes leadership in process execution, timely analysis, and adherence to internal policies.