Bank Of America Asset Based Lending Underwriter 

United States, New York, New York 

369437033

Job Description:

Job Description:

Works directly with the business development officers, relationship managers and/or product specialists to develop, structure, analyze, covenant, document, fund and close a deal.Works on a broad range of transactions from large corporate/private equity to core middle market.Requires direct contact with the client, financial sponsors and/or financial intermediaries (including outside accountants, legal counsel, appraisers, field examiners, etc.). Full understanding of BANA and BABC credit policies is required to enable immediate reaction to situations during the underwriting, documentation and closing processes.

Job Responsibilities:

• Analyzing new prospects including financials and projections
• Evaluate collateral for suitability for asset based facilities
• Assist in preparation of term sheets and negotiating with prospective clients
• Prepare documentation to evaluate new opportunities to include pre-screens and final approval documentation
• Works with outside counsel and other third parties to included appraisers and field examiners to document and close transactions

Required Qualifications:

• 5+ years experience credit, underwriting, and structuring of corporate lending transactions.

• Familiarity with asset-based lending across broad industries

• Knowledge of and ability to work with Legal Documentation

• Able to establish and maintain collaborative partnerships

• Demonstrates strong team-minded behavior that creates win-win solutions that build trust

• Demonstrates deep and broad business acumen - a strong business person with technical skills

• Easily navigates multiple client and support organizations

Desired Qualifications:

BA/BS Degree with concentration in Finance, Accounting or related

Skills:

• Analytical Thinking
• Attention to Detail
• Financial Analysis
• Loan Structuring
• Underwriting
• Collaboration
• Decision Making
• Negotiation
• Problem Solving
• Written Communications
• Business Acumen
• Client Management
• Portfolio Management
• Prioritization

High School Diploma / GED / Secondary School or equivalent

1st shift (United States of America)