Credit Analyst II/General Industries - Global Corporate & Investment Banking

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 analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.

Responsibilities:
Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
Partners with Credit Officers, Corporate Banking, 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: 
1+ years of relevant experience in credit analysis, banking, financial services, or a comparable analytical or risk-focused role
Demonstrated working knowledge of financial and accounting concepts, with the ability to apply them in credit or financial analysis
Strong written and verbal communication skills, with the ability to clearly summarize financial performance, risks, and recommendations
Ability to effectively manage multiple priorities and deadlines in a fast-paced, transaction-oriented environment
Proficiency in Microsoft Excel, including use for financial analysis, modeling, and data review
Strong attention to detail and sound judgment when working within credit policies, procedures, and regulatory guidelines
Desired Qualifications: 
Bachelor’s degree in finance, accounting, economics, or a related field
Experience supporting credit underwriting, risk rating, or loan approval processes
Exposure to financial modeling, cash flow forecasting, covenant testing, or profitability analysis
Familiarity with commercial lending products, credit policies, or relevant regulatory requirements
Experience partnering with relationship managers, credit officers, or risk teams
Skills: 
Analytical Thinking
Financial Analysis
Financial Forecasting and Modeling
Profitability Analysis
Research Analysis
Attention to Detail
Business Acumen
Credit and Risk Assessment
Underwriting
Written Communications
Collaboration
Credit Documentation Requirements
Recording/Organizing Information
Collateral Management
Loan Structuring
Shift: 1st shift (United States of America)

Hours Per Week: 40