Small Business Credit Analyst - Risk & Growth

RiseMe; Town of Florida (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Bank of America is seeking a Commercial Credit Underwriter to evaluate the creditworthiness of businesses seeking loans by analyzing financial statements, credit reports, and other data to assess risk and guide lending decisions.

The role involves developing financial profiles, creating risk reports, and monitoring existing loan portfolios to ensure compliance with policies and timely obligations, working alongside senior analysts on complex projects.

Qualifications

• 2 years of Small Business Credit Card Underwriting experience

Responsibilities

• Reviews financial statements, business credit reports, and other financial documents
• Determines the credit risk of a business by analyzing its financial condition, past repayment history, and industry trends
• Monitors the performance of existing loans, ensuring compliance with credit policies, and performing ongoing maintenance for the loan portfolio
• Works closely with loan officers, relationship managers, and other departments to gather necessary information and support the lending process

Skills

Credit and Risk Assessment

Customer and Client Focus

Financial Analysis

Loan Structuring

Underwriting

Analytical Thinking

Collaboration

Decision Making

Profitability Analysis

Written Communications

Business Acumen

Credit Documentation Requirements

Oral Communications

Prioritization

Recording/Organizing Information

Education

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America is seeking a Commercial Credit Underwriter to evaluate the creditworthiness of businesses seeking loans by analyzing financial statements, credit reports, and other data to assess risk and guide lending decisions.

The role involves developing financial profiles, creating risk reports, and monitoring existing loan portfolios to ensure compliance with policies and timely obligations, working alongside senior analysts on complex projects.