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Senior Credit Officer

2 months ago


Chicago, Illinois, United States Bank of America Full time
Job Description

Job Title: Senior Credit Officer

Job Summary:

We are seeking a highly skilled Senior Credit Officer to join our team at Bank of America. As a Senior Credit Officer, you will be responsible for delivering integrated credit solutions to clients and managing on-going portfolio performance.

Key Responsibilities:

  • Evaluate and underwrite new end-user credit opportunities, including the identification and assessment of all strengths, weaknesses, and risks associated with the opportunity.
  • Partner with client-facing teammates to consult on sales opportunities and provide the product expertise necessary to deliver the best possible solution to the client.
  • Underwrite new transactions, analyze credit risk, negotiate and close deals, while adhering to internal policy, procedures, and regulatory requirements.
  • Manage the credit process for a portfolio of clients, including reviewing financial statements, assessing the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.

Requirements:

  • 3+ years of commercial credit underwriting and credit analysis experience.
  • Effective presentation, structuring, financial statement, and risk analysis skills.

Preferred Qualifications:

  • Bachelor's degree in Accounting, Finance, Economics, Math, or other Business concentration.

Skills:

  • Financial Analysis
  • Loan Structuring
  • Research Analysis
  • Risk Management
  • Underwriting
  • Account Management
  • Credit Documentation Requirements
  • Credit and Risk Assessment
  • Decision Making
  • Issue Management
  • Analytical Thinking
  • Coaching
  • Collaboration
  • Critical Thinking
  • Customer and Client Focus