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Commercial Credit Underwriter I-II

Commercial Credit Underwriter I-II

CompanyBank of America
LocationChicago, IL, USA
Salary$81600 – $162500
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level, Senior

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