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Skills: Attention To Detail, Credit And Risk Assessment, Financial Analysis, Underwriting, Written Communications
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Skills: Attention To Detail, Credit And Risk Assessment, Financial Analysis, Underwriting, Written Communications
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Sign up with Clera and we'll reach out the moment a role actually fits you — no more spraying applications into the void.
$88k–$188k/yr
Full-time
bachelor degree
Paid Time Off, Discretionary Incentive Plan, Physical Wellness Support, Emotional Wellness Support, Financial Wellness Support
Posted 32d ago
~40 hrs/week
Responsibilities
Responsible for credit underwriting and monitoring for new and existing clients, including managing portfolios of limited to moderate complexity. Key tasks involve performing financial analysis, evaluating risks, and coaching junior teammates on credit requirements.
Requirements
Requires 3+ years of experience in Commercial Banking underwriting, financial analysis, and portfolio management. Strong technical skills in financial accounting, modeling, and loan structuring are essential.
Full job description
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
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 supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include independently managing transactions or portfolios of limited to moderate complexity, completing and reviewing credit analysis, evaluating risks, and writing financial analysis. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.
Responsibilities:
Manages a portfolio of clients supporting underwriting and/or monitoring requirements with limited to moderate complexity
Independently works with Relationship Management, and Risk teammates to understand structuring needs and requirements
Delivers financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
Has credit approval for certain credit actions
Leads loan structure conversations and completion of loan documentation with internal/external legal partners
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
Required Qualifications:
· 3+ years of solid experience in Commercial Banking (Middle Market or Large Corporate or Leveraged Finance) underwriting, performing financial analysis, structuring, and portfolio management
· Strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
Desired Qualifications:
· Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed.
· Be knowledgeable of the closing process & timeline for all types of loans (i.e. real estate, revolvers, etc.)
· BA/BS Desired
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - WA - Seattle - 401 Union St - Rainier Square (WA1510)Pay and benefits informationPay range$88,000.00 - $187,500.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.
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Offices: 100 North Tryon Street, Charlotte, NC 28202, US · 16001 Dallas Pkwy, Addison, TX 75001, US · 3123 N Scottsdale Rd, Scottsdale, AZ 85251, US · 135 S La Salle St, Chicago, IL 60603, US · 500 W 7th St, Fort Worth, TX 76102, US