Bank of America Corporation

Credit Analyst II/Underwriter I - Global Corporate & Investment Banking/Energy

Bank of America Corporation$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of commercial or corporate banking credit underwriting experience, preferably within a bank or large financial institution
  • Fundamental understanding of finance and accounting concepts
  • Proficient written and verbal communication skills
  • Strong time management skills for handling multiple priorities
  • Proficient in Excel, including formulas and data analysis tools
  • Experience analyzing corporate financial statements, including income statements, balance sheets, and cash flow statements
  • Capability to produce analytical written summaries

Responsibilities

  • Evaluates credit worthiness and determines approval for credit facilities
  • Partners with Credit Officers and Risk teams to deliver comprehensive credit solutions
  • Monitors client's financial condition, identifying potential issues and opportunities
  • Delivers financial modeling and industry analyses to support loan decisions
  • Ensures compliance with credit policies and regulatory requirements

Benefits

  • Flexible remote work options for eligible employees
  • Opportunities for professional development and growth
  • Collaborative work environment with internal stakeholders
  • Focus on sustainable practices within the Energy sector
Full Job Description

Job Description:

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 complex transactions with limited supervision for clients in Energy sector. 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, monitoring portfolio performance and Reserve Based Loan redeterminations.Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy

Position can be filled as Credit Analyst II or Credit Underwriter I based on level of experience.

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 analyses to team members to support the loan decision-making process
  • Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements

Required Qualifications:

  • 2+ year's of commercial and/or corporate banking credit underwriting–related experience, preferably within a bank or large financial institution
  • Understanding of foundational finance and accounting concepts
  • Proficient written and verbal communication skills
  • Strong time‑management skills with the ability to manage multiple priorities
  • Proficiency in Excel, including the use of formulas and data analysis tools
  • Demonstrated experience analyzing corporate financial statements, interpret income statements, balance sheets, and cash flow statements
  • Experience producing analytical written summaries

Desired Qualifications:

  • Bachelor's Degree with emphasis in finance, accounting or economics
  • 3+ years of commercial and/or corporate banking credit underwriting–related experience, preferably within a bank or large financial institution
  • Experience underwriting clients in the Energy sector, including upstream Oil & Gas

Skills:

  • Attention to Detail
  • Financial Analysis
  • Underwriting
  • Written Communications
  • Analytical Thinking
  • Credit Documentation Requirements
  • Credit and Risk Assessment
  • 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

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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