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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

The Sr. Credit Officer/Credit Risk Officer will represent Enterprise Credit in the leveraged finance acquisition underwriting process for large commitments ranging in size from $100mm into the billions that is subject to considerable fee revenue or credit losses. In addition to being an industry generalist the Sr. Credit Officer/Credit Risk Officer underwrites different deal structures inclusive of Institutional/Commercial Bank Loan and High Yield Bond take-outs.

Job Responsibilities:

Dynamic leader in credit analysis of unique situations requiring differing approach depending on situationReview underwriting materials, such as: financial statements, presentations, projections, Quality of Earnings, Credit Ratings and other third-party reportsAcquire understanding of new businesses and industries in a short period of timeDetermine key credit risks and weigh them against relevant mitigantsConduct due diligence with clientsTeam leader that manages the development of financial modelingReview legal underwriting documentsPresentation of analysis of risks and associated mitigants to senior leaders in EC, Credit Risk, Global Markets and Global Capital MarketsContribute to acquisition underwriting approval memosTrack successful de-risking of the commitmentsOther projects as assigned, work with juniors on the following: reports synthesizing risk exposure statistics, market data over time, and reports on recently announced transactions

Required Qualifications:

8 + yrs of Corporate Credit and/or Investment Banking/Capital Markets Experience for Sr. Credit Officer, 5 + yrs experience for Credit Risk OfficerAdvanced financial analysis of public, private and non-traditional financial statements, presentations and projectionsBusiness acumen to identify key credit risks and variables to sensitize and diligence with the clientExpert financial forecasting and modelingExpert analytical thinking and attention to detail to challenge client forecasting assumptions and identify credit concernsExpert decision making for underwriting and stress case modelingWritten communication to succinctly explain and document the various assumptions made in the model by the client and ECLoan structuring & market acumen to analyze transaction structure/ terms, comparing to market precedents to identify and mitigate risksExpert critical thinking to synthesize the analysis and diligence into an underwriting recommendation

Skills:

Analytical ThinkingCredit and Risk AssessmentFinancial AnalysisLoan StructuringUnderwritingAttention to DetailBusiness AcumenFinancial Forecasting and ModelingResearch AnalysisWritten CommunicationsBusiness DevelopmentCollaborationCritical ThinkingPortfolio AnalysisStakeholder Management

Minimum Education Requirement: Bachelor's Degree

Shift:

1st shift (United States of America)

Hours Per Week: 

40