Senior Credit Underwriter – Leasing, Municipal Credit and Public Finance
Bank of America
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Illinois, Massachusetts, New York, Rhode Island • 🇺🇸 United States
Visit company websiteSalary
💰 $80,000 - $162,500 per year
Job Level
Senior
About the role
- Analyze and interpret a client's credit worthiness
- Evaluate credit risks and write credit approval memos for annual renewals and new lending opportunities
- Analyze 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
- Complete regular monitoring and underwriting tasks
- Support key internal stakeholders to achieve successful execution of new transactions
- Responsible for the delivery of integrated credit solutions to US State and Local governmental entities
- Partner closely 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
- Underwrite and negotiate new transactions
Requirements
- 5+ years of experience in commercial banking, finance or credit ratings industries with significant municipal/public finance credit experience.
- Experience in the analysis and structuring of complex transactions
- Strong credit and risk analysis skills
- Strong presentation, structuring and financial statement analysis skills
- Proven ability to analyze, interpret and negotiate third party documentation
- Proven ability to identify trends and emerging risks in underwriting and client selection
- Proficient Microsoft Office skills
Benefits
- 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.
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
credit analysisrisk analysisfinancial statement analysistransaction structuringunderwritingnegotiationdata analysiscovenant compliancecollateral appraisalcredit approval
Soft skills
presentation skillsconsultationinterpersonal skillsorganizational skillscommunication skills