Credit Analyst II/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 moderately complex client relationships. Key responsibilities include completing and reviewing credit analysis, evaluating risks, and preparing financial analysis using advanced tools and systems. Job expectations include assessing financials, projections, industry data, covenant compliance, collateral, and policy requirements to ensure alignment with the bank's risk appetite.

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, renewable, and green finance and further delivers on the bank's commitment to help society transition to a low-carbon economy. The Global Infrastructure Credit team also supports Bank of America's active role in the Digital Infrastructure market.

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

Responsibilities

Analyzes client financial information, identification/mitigation of potential risks, compliance with regulatory requirements and evaluation of collateral in determination of credit worthiness

Completes monitoring activities via analysis of clients' financial performance and collateral evaluation to ensure appropriate requirements are met

Listens in to client meetings to develop a deeper understanding of the client's business, management team, and past and future performance

Reviews completed client requests to ensure compliance with policy and procedures

Understands how credit data is used internally and provided to regulatory partners

Assists with periodic portfolio reviews

Participates in loan structure conversations and completion of loan documentation

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)

Engage with various partners including GCIB Enterprise Credit Officers for recourse obligors, Enterprise Credit Risk, and Global Markets Risk

Required Qualifications

2+ yrs experience in corporate/commercial credit

Strong technical skills, including quantitative financial modeling

Desired Qualifications

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

BA degree in Finance or related major

Formal credit training program at financial institution

Skills

Analytical Thinking

Financial Analysis

Financial Forecasting and Modeling

Profitability Analysis

Research Analysis

Attention to Detail

Business Acumen

Credit and Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Portfolio Analysis

Prioritization

Technical Documentation

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

$90,000.00 - $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.