Job Description:
This job is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include completing and reviewing credit analysis, evaluating risks, reviewing work by less experienced teammates, and writing financial analysis for approval or monitoring. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.
Embedded across the bank’s eight lines of business, the Global Infrastructure Credit team reflects the bank’s initiative to fuel the global economy, build trust and credibility with communities, and represents a company that people want to work for, invest in, and do business with. The Global Infrastructure Credit team supports the continued growth in sustainable and infrastructure finance and further deliver on Bank of America’s Critical Infrastructure Finance Initiative. The Global Infrastructure Credit Team covers transactions for Project Finance, Tax Equity and Corporate Lending through involvement in the origination and underwriting of transactions.
Responsibilities:
- Leads the credit analysis process with the support of other analysts and associates
- Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
- Monitors operating performance and financial condition, proactively identifying issues and opportunities
- Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
- Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
- Has credit approval for certain credit actions
- Participates in loan structure conversations and completion of loan documentation with internal/external legal partners
- Performs intensive qualitative and quantitative due diligence on transaction structures, stress scenarios, financial models, engineer reports, and terms and conditions
- Participate in the underwriting and documentation of project finance and other credit facilities designed to meet both client and investor needs as well as balance the bank's internal risk/return requirements
- Provide input into key projects/initiatives across the bank
- Review the credit profile of key transaction counterparties (e.g. borrowers, servicers, sponsors and off-takers)
Required Qualifications:
Desired Qualifications:
BA degree in Finance or related major
Master27s Degree
Formal credit training program at financial institution
Experience in project finance/tax equity/structured credit with a focus in energy, power, or infrastructure
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
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$110,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. 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.
Benefits
This role is currently benefits eligible. 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.
