Sr. Credit Underwriter-Global Leasing

Sr. Credit Underwriter-Global Leasing

Boston, Massachusetts; New York, New York; Chicago, Illinois; Providence, Rhode Island

To proceed with your application, you must be at least 18 years of age.

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!

This job is responsible for performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for moderately to highly complex transactions with limited oversight. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance. The Sr. Credit Underwriter uses this client knowledge to assess the appropriateness of existing solutions and to propose optimal financing alternatives or additional financing solutions. Directly accountable for managing credit quality and the approval process through their interaction with Risk Management Officers and Senior Management.

Responsibilities :

Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility.

Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions.

Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities.

Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making process.

Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements.

Required Qualifications :

7+ yrs commercial credit experience.

Must have equipment finance experience.

Experience in the analysis and structuring of complex transactions.

Strong credit and risk analysis skills.

Strong presentation, structuring and financial statement analysis skills.

Proven ability to analyze, interpret and negotiate third party documentation.

Proven ability to identify trends and emerging risks in underwriting and client selection.

Desired Qualifications :

Undergraduate degree in finance or accounting.

MBA or CFA preferred.

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

Shift :

1st shift (United States of America)

Hours Per Week : 40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.