Credit Underwriter I-Global Infrastructure Credit

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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 supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include completing and reviewing credit analysis, evaluating risks, reviewing work by less experienced teammates, and writing financial analysis for approval or monitoring. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.

Embedded across the bank's eight lines of business, the Global Infrastructure Credit team reflects the bank's initiative to fuel the global economy, build trust and credibility with communities, and represents a company that people want to work for, invest in, and do business with.

The Global Infrastructure Credit team supports the continued growth in sustainable and infrastructure finance and further deliver on Bank of America's Critical Infrastructure Finance Initiative.

The Global Infrastructure Credit Team covers transactions for Project Finance, Tax Equity and Corporate Lending through involvement in the origination and underwriting of transactions.

Responsibilities

Leads the credit analysis process with the support of other analysts and associates

Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements

Monitors operating performance and financial condition, proactively identifying issues and opportunities

Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process

Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure

Has credit approval for certain credit actions

Participates in loan structure conversations and completion of loan documentation with internal/external legal partners

Performs intensive qualitative and quantitative due diligence on transaction structures, stress scenarios, financial models, engineer reports, and terms and conditions

Participate in the underwriting and documentation of project finance and other credit facilities designed to meet both client and investor needs as well as balance the bank's internal risk/return requirements

Provide input into key projects/initiatives across the bank

Review the credit profile of key transaction counterparties (e.g. borrowers, servicers, sponsors and off-takers)

Required Qualifications

2 + years of experience in corporate or commercial credit related activities.

Strong financial modeling skills

Desired Qualifications

BA degree in Finance or related major

Master's Degree

Formal credit training program at financial institution

Experience in project finance/tax equity/structured credit with a focus in energy, power, or infrastructure

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

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)

Pay range

$110,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.