Asset Based Lending Sr Underwriter/Underwriter

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:
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

​Minimum Education Requirement: Bachelors Degree

Shift:

Hours Per Week: