Credit Underwriter II-LeasingGlobal Vendor Finance

Job Description:

At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients teammates communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace attracting and developing exceptional talent supporting our teammates physical emotional and financial wellness recognizing and rewarding performance and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America you can build a successful career with opportunities to learn grow and make an impact. Join us!

Job Description:
This job is responsible for analyzing and interpreting a clients credit worthiness evaluating credit risks and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as clients financials projections industry data covenant compliance and collateral appraisals to ensure compliance with the banks risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Responsibilities:

• Analyzes clients financial performance by comparing it to past performance projections and industry standards
• Reviews financial statements assesses the clients compliance with financial covenants and renews risk ratings while recommending changes as warranted
• Assists in the underwriting credit risk analysis negotiation and closing of new transactions or existing transactions while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Builds projection models for the client (as needed) based on historical performance industry forecasts and other due diligence findings
• Trains coaches and mentors Credit Analysts
• 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
• 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 clients compliance with financial covenants confirming the accuracy of risk ratings and recommending changes as warranted

Required Qualifications:

• 3 years commercial credit underwriting and credit analysis experience
• Must have effective presentation structuring financial statementand risk analysis skills

Desired Qualifications:

• Bachelors degree in Finance/Accounting or equivalent experience is preferred

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Critical Thinking
• Portfolio Analysis
• Prioritization
• Technical Documentation

Shift:

Hours Per Week:

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