Commercial Credit Analyst I/II/III

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This job is responsible for facilitating parts of credit underwriting and monitoring for new and existing clients. Key responsibilities include completing credit analysis, evaluating risks, and writing financial analysis using various tools and systems. Job expectations include analyzing financials, projections, industry data, covenant compliance, collateral, and policy requirements to ensure alignment with the bank’s risk appetite. Responsible for managing credit activities to support underwriting of commercial credit clients (e.g., financial spreading, risk rating scorecard, covenant tests). Key responsibilities include analyzing ongoing credit and escalating to the credit team as appropriate. Responsibilities: • Analyzes financial statements and summarizes existing client's performance via periodic risk profile reviews • Partners with credit and client teams both within Centralized and Regional Credit Lines of Business • Manages risk through accurate financial spreading, risk rating, and covenant test calculations • Expands expertise by reviewing policy and procedure thoroughly and actively participating in continuing education sessions • Collaborates with peers to manage optimal workflow • Identifies and escalates process breakdowns Required Skills: • Credit and Risk Assessment • Financial Analysis • Understanding of Financial Accounting Principles • Credit Documentation Requirements • Critical Thinking • Prioritization • Attention to Detail • Business Acumen • Decision Making • Written Communications • Client Management • Recording/Organizing Information • Analytical Thinking Desired Skills: • Financial Forecasting and Modeling • Collateral Management • Underwriting • Financial Ratio Analysis Minimum Education/Experience Requirement: BA/BS Degree in Finance, Accounting, or Business Administration preferred or 1-3 years of relevant work experience. This position is posted as a Commercial Credit analyst I and can be filled as a Commercial Credit Analyst I, II, or III under the manager's discretion. Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - MD - Baltimore - 100 International Dr - 100 International (MD9890), US - MD - North Bethesda - 11810 GRAND PARK AVE (MD9900), US - VA - Richmond - 1111 E MAIN ST - BANK OF AMERICA CENTER (VA2300) Pay and benefits information Pay range $74,000.00 - $84,100.00 annualized salary, offers to be determined based on experience, education and skill set. 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 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. Privacy Statement: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: