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Commercial Credit Underwriter I / II - Restaurant Group

Commercial Credit Underwriter I / II - Restaurant Group

Boston StaffingBoston, MA, US
1 day ago
Job type
  • Full-time
Job description

Commercial Credit Underwriter I / II

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!

Responsibilities

  • Evaluates credit worthiness and provides analysis and recommendations 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

Required Qualifications

  • 3+ years of solid experience in Commercial Banking performing financial analysis, structuring, underwriting, and portfolio management
  • Strong communication and analytical / technical skills, including financial accounting, modeling, and loan structuring
  • Strong understanding and experience in cash flow lending
  • Desired Qualifications

  • Participate with RM or CO's to negotiate Credit Agreements & loan documents, as needed
  • Be knowledgeable of the closing process & timeline for all types of loans (i.e. real estate, revolvers, etc.)
  • BA / BS Desired
  • Skills

  • Attention to Detail
  • Credit and Risk Assessment
  • Financial Analysis
  • Underwriting
  • Written Communications
  • Analytical Thinking
  • Credit Documentation Requirements
  • Financial Forecasting and Modeling
  • Enterprise valuations
  • Recording / Organizing Information
  • Business Acumen
  • Collaboration
  • 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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    Commercial Underwriter • Boston, MA, US