Bank of America Corporation

Credit Underwriter II-Commercial Real Estate Banking

Bank of America Corporation$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of credit underwriting experience in corporate or commercial banking
  • 3+ years of experience in Commercial Real Estate credit underwriting for large private enterprises, private equity funds, or public REITs
  • Proficiency with Credit Center software
  • Strong attention to detail and analytical skills

Responsibilities

  • Leads the credit analysis process with support from analysts and associates
  • Partners with Credit Officers and Relationship Management to grasp structuring needs
  • Monitors financial conditions and performance, identifying potential issues
  • Delivers financial modeling and analysis to support loan decisions
  • Reviews junior teammates' work for compliance and provides coaching
  • Participates in discussions on loan structure and documentation
  • Prepares credit packages for approval and manages due diligence processes

Benefits

  • Opportunities for professional development and coaching
  • Collaborative work environment with a supportive team
  • Chance to lead credit analysis and make impactful decisions
  • Engagement with various teams across the organization
  • Exposure to diverse loan structures and client portfolios
Full Job Description

Job Description:

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.

This role supports Commercial Real Estate credit underwriting and portfolio monitoring for new and existing clients in partnership with the Credit Officers, Relationship Management, and Risk. Key responsibilities include preparing and reviewing credit analyses, assessing risk, reviewing work completed by less experienced teammates, and drafting financial analyses for approval or ongoing monitoring. The role is expected to lead the underwriting process, deliver timely and accurate analyses, and coach teammates on credit requirements.

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

  • Gathers, manages and reviews additional due diligence and third-party reports once deal is mandated

  • Prepares credit packages and circulates for approval

  • Responsible for Flood Process and regulatory data capture associated with deal closings

  • Completes renewals, material modifications and extensions (non-preapproved)

  • Completes Treasury-related requests, including card and ACH facilities for credit clients only

  • Partners closely with the Credit Officer and Loan Administration team in loan closings

Required Qualifications:

  • 3 + yrs experience as a credit underwriter within corporate or commercial banking

Desired Qualifications:

  • 3+ yrs experience as a Commercial Real Estate credit underwriter covering large private CRE enterprises, CRE private equity funds, or public REITs

  • Proficiency with Credit Center

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

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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