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Bank Of America Asset Based Lending Sr Underwriter/Underwriter 
United States, New York, New York 
509771311

05.04.2024

Job Description:

depending on the various roles in our organization.

Job Description:
More senior position focuses full-time on credit underwriting and primary review of prospects and/or new credit relationships to BANA. Associates are fully experienced, qualified credit professionals capable of fully independent activity on all aspects of the transaction. Usually the No. 1 person on the most complex and sensitive credit transactions. 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. Responsibilities may include directing the activities and training of more junior associates, as well as working in a team format to deliver a superior product to our clients, investors and the Firm. Usually requires 5+ years of related credit experience.

**Positions can be filled as as Sr. Underwriter or Underwriter

Skills:

  • Analytical Thinking
  • Attention to Detail
  • Financial Analysis
  • Loan Structuring
  • Underwriting
  • Collaboration
  • Decision Making
  • Negotiation
  • Problem Solving
  • Written Communications

Required Qualifications:

  • 5+ years experience credit, underwriting, and structuring of corporate lending transactions for Sr. UW or 2+ yrs same experience for UW.

  • 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

  • Demonstrates sound judgment and acts with speed - able to achieve results quickly

  • Complex problem resolution abilities

  • Excellent Communications skills

1st shift (United States of America)