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Commercial Credit Underwriter I-II
Company | Bank of America |
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Location | Chicago, IL, USA |
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Salary | $81600 – $162500 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Mid Level, Senior |
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Requirements
- 3+ years of solid experience in Commercial Banking performing financial analysis, structuring, underwriting and portfolio management
- strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
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
Preferred 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