Commercial Credit Underwriter II/Credit Underwriter I

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 low‑complexity transactions or portfolios, 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. This job is additionally responsible for analyzing and interpreting a client’s 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 client financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank’s risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. Responsibilities Leads the credit analysis process with the support of other analysts and associates Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements Monitors operating performance and financial condition, proactively identifying issues and opportunities Assists in delivery of 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 May have primary coverage responsibility for a portfolio of clients with limited complexity and credit approval for certain credit actions Participate in loan structure conversations and completion of loan documentation with internal/external legal partners Analyzes client’s financial performance by comparing it to past performance, projections, and industry standards Reviews financial statements, assesses the client’s 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 client’s compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted Required Qualifications 3+ years of commercial credit underwriting and credit analysis experience Must have effective presentation, structuring, financial statement and credit risk analysis skills Must have proficient Microsoft Office Must have proficient business writing skills. Desired Qualifications Bachelor’s degree in Finance/Accounting or equivalent experience is 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 Locations US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 NCD (CA6814) US - CO - Denver - 370 17TH ST - REPUBLIC PLAZA (CO1004) US - WA - Seattle - 401 Union St - Rainier Square (WA1510) Pay Range $73,000.00 - $149,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary Incentives This 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. Benefits This 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. #J-18808-Ljbffr Bank of America