Sr Credit Underwriter - Commercial Credit (Agriculture / Food products)

Sr Credit Underwriter - Commercial Credit (Agriculture / Food products)

Phoenix, Arizona;Charlotte, North Carolina; Elma, New York; Saint Louis, Missouri

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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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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 performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for moderately complex / complex transactions with limited oversight. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance.

We are seeking a detail-oriented and experienced Credit Underwriter with specialized knowledge in agriculture and food products lending. This role is responsible for evaluating credit risk and underwriting commercial loans within the agribusiness sector, including producers, processors, distributors, and retailers of agricultural commodities and food product s.

Responsibilities :

Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility

Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions

Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities

Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making process

Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements

Analyze financial statements, cash flow projections, and industry trends specific to agriculture and food-related businesses.

Maintain up-to-date knowledge of market conditions, commodity pricing, and regulatory developments affecting agribusiness lending.

Escalates and debates deteriorating assets in partnership with the Special Assets Group and Risk as appropriate

Participates in Regional and Market meetings to communicate credit delivery best practices and results

Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed. ?

Required Qualifications :

5-7 plus years of solid experience in Commercial Banking performing financial analysis, structuring, underwriting and portfolio management , preferably with prior credit approval authority.

Strong communication and analytical / technical skills, including financial accounting, modeling and loan structuring.

Formal commercial credit training OR equivalent work experience.

Prior experience in a high-volume production environment

Desired Qualifications :

Knowledgeable of the closing process & timeline for all types of loans (i.e. real estate, revolvers, etc.)

Prior leadership and credit management experience.

Superior teamwork skills in the commercial market space.

Bachelor's degree, Master's Degree preferred, in business administration, finance, accounting or economics

Skills : Attention to Detail

Credit and Risk Assessment

Financial Analysis

Underwriting

Written Communications

Analytical Thinking

Credit Documentation Requirements

Financial Forecasting and Modeling

Recording / Organizing Information

Business Acumen

Collaboration

Collateral Management

Loan Structuring

Prioritization

Minimum Education Requirement : High School Diploma / GED / Secondary School or equivalent

Shift :

1st shift (United States of America)

Hours Per Week : 40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.