Credit Officer II – Dealer Financial Services

Bank of America

Credit Officer II responsible for managing credit risk and underwriting solutions at Bank of America. Collaborating with clients and internal teams to provide comprehensive credit analysis and solutions.

Posted 7/14/2026full-timeChicago • Illinois, Massachusetts, New York • 🇺🇸 United StatesSeniorLead💰 $119,000 - $200,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Expertise in credit risk management and underwriting, with a strong ability to analyze financial data and deliver comprehensive risk assessments. Proven skills in relationship management, team leadership, and strategic solution development within the banking sector.

Highest-signal resume keywords

Commercial Credit UnderwritingRisk AnalysisLoan DocumentationRelationship ManagementCoaching and Mentoring

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Credit Risk ManagementFinancial AnalysisRisk AssessmentDebt Capital SolutionsCredit Approval Process

Soft Skills

Team CollaborationInfluencing SkillsIndependent Decision-Making

Tools & Technologies

Microsoft Office

Industry Keywords

Global BankingCredit AgreementsCollateral DocumentationInvestment BankingTreasury Management

About the role

Key responsibilities & impact

This job is responsible for managing, monitoring, and documenting credit risk for a portfolio of clients.
Key responsibilities include monitoring changes in credit profiles, compliance with credit agreements as well as structuring and underwriting new financing solutions across the Global Banking and Markets product spectrum.
Job expectations may include assessing risk solutions which adhere to the bank's risk appetite and risk strategies and coaching and leading team members.
The Credit Officer II is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions.
The role also serves as Line/Credit approver in conjunction with Risk management based on credit approval grid and drives the internal credit approval process, loan documentation and closing.
Involvement with monitoring activities/approvals is also part of the responsibilities.
The Credit Officer II maintains knowledge of other BofAML products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect.

Requirements

What you’ll need

Minimum of 7 years commercial credit underwriting and analysis with a commercial bank or OEM captive finance organization.
Strong knowledge and comprehension of loan and collateral documentation.
Ability to accurately analyze borrower’s financial picture and deliver a comprehensive risk analysis to manager and risk officers.
Confidence and ability to develop an independent viewpoint and present a business case to support conclusions.
Excellent relationship management skills, experience working in a team environment, ability to help influence constituencies with diverse views towards consensus.
Coaching and mentoring skills.
Strong Microsoft Office Skills.

Benefits

Comp & perks

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.