Bank Of America Sr Underwriter/Underwriter-Corporate Real Estate Banking 

United States, Illinois, Chicago 

135188868

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