Credit Underwriter II-Leasing/Global Vendor Finance

Job Description This job is 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's 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 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 commercial credit underwriting and credit analysis experience Must have effective presentation, structuring, financial statement and risk analysis skills Desired Qualifications Bachelor’s degree in Finance/Accounting or equivalent experience is preferred Skills Analytical Thinking Financial Analysis Financial Forecasting and Modeling Profitability Analysis Research Analysis Attention to Detail Business Acumen Credit and Risk Assessment Underwriting Written Communications Collaboration Critical Thinking Portfolio Analysis Prioritization Technical Documentation Shift 1st shift (United States of America) Hours Per Week 40 Pay Transparency Details US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110) Benefits Pay range $80,000.00 - $135,000.00 annualized salary. Discretionary incentive eligible. 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 include industry‑leading benefits, access to paid time off, resources and support to 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