Credit Underwriter I-leasing/healthcare Education Profit jobs at Bank Of America in United States, Chicago

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. 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, and monitoring portfolio performance.

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:

• 3+ years of Commercial Credit and/or Commercial Leasing/Equipment Finance experience

Desired Qualifications:

• Undergraduate degree in finance or accounting; MBA preferred.
• Experience in the analysis and structuring of complex transactions
• Strong credit and risk analysis skills
• Strong presentation, structuring and financial statement analysis skills
• Proven ability to analyze, interpret and negotiate third party documentation
• Proven ability to identify trends and emerging risks in underwriting and client selection

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

High School Diploma / GED / Secondary School or equivalent

Job Description:

In close partnership with the coverage and product teams, the role combines industry expertise with a consultative approach to develop and deepen client relationships, and address the evolving needs of healthcare payers, providers, and technology partners. Key responsibilities aligned to these needs include:

• Support execution of GPS’s strategy for clients operating in the U.S. healthcare industry via targeted sales of Bank of America technology platforms and associated solutions

• Manage and lead a high-performing healthcare specialized sales team

• Drive achievement of assigned performance metrics including revenue growth, solution adoption, impact, and unique engagements

• Collaborate cross-functionally to deliver scalable, compliant, and differentiated healthcare solutions

• Contribute to investment planning to drive digitization, automation, and responsible growth

Specific Engagement:

• Shape client acquisition strategy; support team-led client engagements and solution design

• Cultivate partnerships with fintechs, clearinghouses, and HealthTech consultants and vendors

• Represent Bank of America in both internal and external healthcare industry forums, webinars, and strategic client discussions

• Identify emerging U.S. healthcare trends, with a special focus on revenue cycle management, while also providing Voice of the Client insights

• Ensure alignment with compliance and regulatory frameworks

Responsibilities:

• Oversees the management of client engagements and reviews, account management, complex deals, and/or emerging solution opportunities with clients to grow market share through deal support

• Serves as a bank representative presenting at key industry events, leading consultative discussions at multiple levels of the organization, and providing product line expertise

• Assists banking line partners in understanding treasury management, product risk, and ensuring applicable policies are applied through the sales cycle

• Oversees the strategy and tactical execution of segment initiatives across all major Lines of Business, driving collaboration between product, sales, and client relationship teams

• Oversees the identification and development of responses to emerging product trends, competitive strategies, and market gaps

• Manages the development and implementation of programs and policies in partnership with market leadership to drive Global Treasury solutions and local market strategies

• Acts as the product or industry expert in client call planning and strategic client reviews, identifying opportunities and influencing solutions

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals.

• Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.

• Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.

• Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.

• People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.

• Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.

• Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.

• Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Required Qualifications :

• This is a MD-level position leading a specialized product sales team.

• A minimum of 5-10 years experience in financial services, treasury, or payments, with a concentration in healthcare.

  Demonstrated ability to lead and drive high performing client-facing teams.

• Bachelor’s degree or equivalent exp.

• Demonstrated deep knowledge of healthcare financial operations, payments ecosystems for both for and non- profit institutions, including revenue cycle management.

• Experience working with payments and receivables strategies/solutioning with clients.

• Strong consultative client approach

• Familiarity with regulatory and compliance frameworks

• Strong presentation and communication skills

• Proven performance management skills

• Ability to work in a highly matrixed organization.

• Strong ability to influence and drive across key business partners.

• Executive Presence

Desired Qualifications:

• U.S. healthcare payments expertise

• Corporate treasury background/experience

• Familiarity with healthcare ERP/PAS systems

• Direct experience with healthcare payment and receivables platforms

• Advanced degree or certifications

Skills:

• Business Development

• Customer and Client Focus

• Executive Presence

• Leadership Development

• Strategy Planning and Development

• Change Management

• Organizational Effectiveness

• Performance Management

• Talent Development

• Budgeting

• Business Acumen

• Client Solutions Advisory

• Inclusive Leadership

Job Responsibilities:

• Responsible for managing a team of credit professionals supporting a Healthcare, Education and Not For Profit large national portfolio for Bank of America’s Global Leasing group.
• Resposible for determining credit appetite and tailored strategies for clients in this industry alongside partners in credit, sales, and risk management.
• Management of the evaluation and underwriting of new equipment finance transactions, including the identification of all strengths, weaknesses, and risks – including credit risk, market risk, operational risk – as well as the associated mitigating factors.
• Oversees the monitoring of credits throughout equipment line availability period to observe for emerging risks and offer direction & strategy during periods of credit deterioration through sound credit & equipment finance expertise which has led to favorable asset quality with minimal charge-offs
• Offers proactive, client focused equipment finance solutions

Managerial Responsibilities:

This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Required Qualifications:

• 7+ years commercial equipment finance leasing experience
• 2+ yrs of leadership or mentoring experience
• Ability to motivate and influence teams and business partners
• Knowledge of commercial equipment financing from a credit underwriting perspective
• Excellent credit and risk analysis skills – ability to identify trends and risks in portfolio and in underwriting and client selection
• Excellent presentation, structuring, and financial statement analysis skills
• Must have sufficient Microsoft Office skills
• Must be results oriented and able to accomplish objectives in a specified timeframe

Skills:

• Attention to Detail
• Loan Structuring
• Portfolio Management
• Risk Management
• Underwriting
• Coaching
• Collateral Management
• Credit Documentation Requirements
• Relationship Building
• Written Communications
• Active Listening
• Client Management
• Critical Thinking
• Oral Communications
• Performance Management

This job is responsible for performing real estate deal analysis, preparing supporting deal justification, and processing approvals. Key responsibilities include underwriting aspects of a real estate credit transaction (e.g., construction debt, term debt, and tax credit equity) for all product types, performing material modifications to existing facilities, and advising the Commercial Real Estate Banking portfolio group on any post closing credit actions as needed. Job expectations may include driving operational excellence and influencing leaders, peers, and clients.

This postion can be filled as a Sr. Underwriter or Underwriter

Responsibilities:

• Leads the underwriting of secured and unsecured transactions to Real Estate Corporate Banking clients, including real estate secured construction and term debt, tunsecured corporate revolvers, bridge financing.
• Performs the requisite due diligence once a credit opportunity is mandated, preparing the approval request documents, receiving final loan approval on a timely basis, and participating in the loan closing process
• Collaborates with the client, relationship coverage team, and product partners, as applicable, to facilitate timely and client-centric loan closings.Occasional travel for client meetings and project tours.
• Leads the end-to-end process for loan modifications and extensions on existing loans including structuring, due diligence, gaining approval, and closing
• Completes Scheduled Exposure Reviews (SERs) and Risk Rating Scorecards for adversely risk rated loans for approval, and presents SERs at quarterly SER meetings

Required Qualifications:

• 3+ years of Commercial Real Estate Credit/Underwriting experience
• Experience analyzing and interpreting commercial real estate financial statements
• Must have financial modeling experience

Desired Qualifications:

• 5+ years of Commercial Real Estate industry and Commercial Real Estate Credit experience
• Bachelor’s degree in finance, accounting or related major

Skills:

• Credit and Risk Assessment
• Customer and Client Focus
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Attention to Detail
• Collateral Management
• Due Diligence
• Oral Communications
• Interpret Relevant Laws, Rules, and Regulations
• Legal Structures and Legal Forms
• Loan Structuring
• Prioritization

Job Description:

Job Description:

CREB Credit Officer (CO) is the primary credit relationship contact with the client. The CO leads creditoriginations/modificationsunderwriting/structuring,

Responsibilities:

• Lead theOrigination/Modification/Structuringof Credit Facilities
• Manage underwriting, credit approval process, portfolio management.
• Engage legal counsel / Lead document review and closing process with Underwriter assistance.

Required Qualifications:

• 5+ years’ experience in commercial real estate financial lending.
• Solid experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring and documentation.
• Familiarity with core banking products.
• Understanding of the regulations that govern Banking and CRE lending.
• Maintains knowledge of other banking products including Investment Banking, Interest Rate Hedging, and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect.

Desired Qualifications:

• Bachelor's degree in finance, accounting or related major
• Master's degree in finance, accounting or related major
• 3+ years' experience in Banking or financial lending institution
• Demonstrates strong business and financial acumen, while acting ethically and responsibly at all times
• Ensures self and others maintain a strong focus on client needs
• Manages client relationships in a manner that makes it easier to do business with our company
• Leads the delivery of practical, innovative solutions to clients that meet their individual needs
• Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team
• Focuses on and recognizes team success
• Actively builds and sustains long-term relationships, both internally and externally, based on mutual trust
• Intellectually curious; constantly seeks to learn and advance his/her knowledge
• Remains positive and focused during times of pressure, adversity, or change
• Resilient; quickly adjusts behaviors in order to be successful.
• Effective communication skills, both written and oral, using clear, concise and simple language
• Demonstrates a bias for action and a commitment to achieving sustainable results
• Makes timely and fact-based decisions
• Ensures rigorous thinking and analysis have been used when making a decision.

Skills:

• Credit and Risk Assessment
• Customer and Client Focus
• Loan Structuring
• Oral Communications
• Written Communications
• Analytical Thinking
• Legal Structures and Legal Forms
• Presentation Skills
• Prioritization
• Relationship Building
• Attention to Detail
• Collaboration
• Strategic Thinking
• Underwriting

Job Description:

Job Description:
The Commercial Credit Officer (CCO) is a highly skilled resource, providing expert level advisory guidance in the most complex, integrated debt capital solutions for commercial banking clients.Products include lines of credit, term loans, real estate loans, and syndicated loans.The CO manages all of the ancillary credit exposure to clients. The CO maintains knowledge of other BofA products including Investment Banking and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. This role reports to the Commercial Credit Manager or Executive and will be aligned to an Underwriting Team that supports the market.

Responsibilities:

• Manages the credit process for a portfolio of clients

• Negotiates credit documentation

• Leads the credit and risk approval processes

• Builds relationships with existing and prospective clients

• Mentors and supports associates

• Provides capital structure solutions

Skills:

• Client Solutions Advisory

• Financial Analysis

• Loan Structuring

• Risk Management

• Underwriting

• Account Management

• Credit Documentation Requirements

• Credit and Risk Assessment

• Decision Making

• Issue Management

• Analytical Thinking

• Coaching

• Collaboration

• Critical Thinking

• Customer and Client Focus

Required Qualifications:

• 10+ years of solid Commercial Banking experience

• Experience in financial analysis, structuring, underwriting and portfolio management

• Analytical/technical skills, including financial accounting, modeling and loan structuring

• Strong communication skills; ability to communicate vertically, horizontally, and externally

• Industry knowledge across multiple sectors

Minimum Education Requirement:BA/BS Degree Desired

Job Description:

Job Description:

The Leasing Credit Manager (“LCM”) will be responsible for the day-to-day management of a group of Portfolio Management Officers, overseeing their execution of the ongoingassessment of the credit worthiness of borrowers in the Global Leasing portfolio. The team isresponsible for the monitoring and tracking of required monthly workflow that will include the setting of appropriate obligor and facility risk ratings through ongoing review of client financial statements, covenant compliance reviews, review of loan/lease legal documents and collateral, and monitoring of news articles and other early warning alerts. The LCM will oversee the appropriate execution of credit solutions while optimizing risk and return, managing asset quality, and ensuring high quality underwriting that aligns with policy and procedures. The LCM will also assure the timely and high-quality completion of required periodic customer status reviews, High Attention Credit (“HAC”) memos, and Scheduled Exposure Reports (“SERs”), as well as ad-hoc credit-related requests for clients, including the review and approval of extensions, waivers and amendments to existing leases or loans when they occur.

The position will include routine interaction with Global Leasing’s Risk Management Officers, Marketing Officers, SAG Officers, Legal, Equipment Management Officers and front-end Credit Underwriting Officers. The LCM will also have direct contact with customers, when required. When a Bank relationship exists outside the Global Leasing group, the LCM and its team will be expected to work with the Bank credit teams to assure awareness of any required actions and risk rating assignments to assess impact to Global Leasing’s exposure and interact effectively with Bank partners. The assigned portfolio of accounts will include Criticized and Classified (troubled/workout) assets managed outside of the Special Asset Group.

The successful LCM will be able to simultaneously manage multiple demands and priorities while maintaining organization, adherence to deadlines and compliance with policy. Additionally, the ability to identify, anticipate and to proactively address potential credit problems early in the process is critical, with appropriate escalation to credit peers or managers.

Responsibilities:

• Oversees the process for the continued assessment of the credit worthiness of borrowers based on updated risk rating assessments and due diligence findings, financial statement analysis, forecasting, analysis of company and industry risks, and compliance with Loan/Lease terms and conditions.
• Manages the ongoing workload balance for the Portfolio Management Officers and the continued transfer cycle of transaction to and from the front-line Credit Underwriters.
• Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including risk ratings, annual reviews, credit worthiness and exposure management strategies, as well as structuring and negotiating deal terms and legal documentation arising from modifications and breach actions.
• Acts as a senior coverage team resource supporting team members in ongoing credit matters and asset quality, maintaining adherence to the bank's risk appetite and risk strategies to mitigate losses.
• Assures the establishment of appropriate internal risk ratings for clients and implements accurate adjustments throughout the client's credit life cycle.
• Depending on experience, may lead Global Leasing’s broader semi-annual High Attention Credit meeting and processes.
• Depending on experience, may be asked to directly manage a portfolio of accounts.
• Trains, coaches, and mentors Credit Officers.

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.

Required Qualifications:

• 10+ years’ experience in commercial banking and/or leasing industry.
• Must have Credit Underwriting and/or Portfolio Management Experience.
• Experience in reviewing Public and Private Corporate Financial Statements.

Desired Qualifications:

• Undergraduate Degree in Finance or Accounting
• Prior Management Experience
• Prior experience in Risk Rating Scorecard preparation
• Prior Lease equipment finance experience
• Prior experience in Corporate Aircraft Financing
• Proficient in Moody's CreditLens - Financial Statement Spreading
• Prior experience in high risk Criticized/Classified Exposures
• Experience in reviewing High Net Worth Personal Financial Statements and Tax Returns

​Skills:

• Credit and Risk Assessment
• Performance Management
• Planning
• Retention
• Risk Management
• Business Operations Management
• Coaching
• Collaboration
• Issue Management
• Regulatory Relations
• Continuous Improvement
• Mentoring
• Problem Solving
• Process Management
• Talent Development