Credit Analyst II/Credit Underwriter I-Commercial Real Estate Credit

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 supporting credit underwriting and monitoring for moderately complex client relationships. Key responsibilities include completing and reviewing credit analysis, evaluating risks, and preparing financial analysis using advanced tools and systems. Job expectations include assessing financials, projections, industry data, covenant compliance, collateral, and policy requirements to ensure alignment with the bank’s risk appetite.

Responsibilities:

• Analyzes client financial information, identification/mitigation of potential risks, compliance with regulatory requirements and evaluation of collateral in determination of credit worthiness
• Completes monitoring activities via analysis of clients’ financial performance and collateral evaluation to ensure appropriate requirements are met
• Listens in to client meetings to develop a deeper understanding of the client's business, management team, and past and future performance
• Reviews completed client requests to ensure compliance with policy and procedures
• Understands how credit data is used internally and provided to regulatory partners
• Assists with periodic portfolio reviews
• Participates in loan structure conversations and completion of loan documentation

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

Required Qualifications:

• 6+ months commercial real estate credit related experience, inclusive of applicable internships
• Financial analysis, underwriting and portfolio management experience
• Financial accounting, financial modeling and loan structuring experience

Desired Qualifications:

• Bachelor’s degree in finance, accounting, economics or similar
• Certificate from accredited real estate educational program
• Bank experience
• CRE underwriting experience
• Commercial Credit Training

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - WA - Seattle - 401 Union St - Rainier Square (WA1510)Pay and benefits informationPay range$70,000.00 - $125,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.