Credit Solutions Analyst I

2 weeks ago


Chicago, Illinois, United States Bank of America Full time

Position Overview:

At Bank of America, our mission is to enhance financial well-being through meaningful connections. We prioritize Responsible Growth, ensuring we serve our clients, colleagues, communities, and shareholders effectively every day.

We are committed to fostering a diverse and inclusive workplace, welcoming individuals from various backgrounds and experiences. Our investment in our teammates and their families includes competitive benefits that support their overall well-being.

We believe in collaboration and flexibility, tailoring our approach based on the diverse roles within our organization.

Working with us offers a rewarding career filled with opportunities for learning, growth, and making a significant impact.

Role Responsibilities:

This position is accountable for delivering comprehensive credit solutions to clients while managing ongoing portfolio activities. Key duties include:

  • Assessing and underwriting new credit opportunities, identifying risks, and proposing mitigating strategies.
  • Collaborating with client-facing teams to provide expert consultation on sales opportunities and optimal solutions.
  • Conducting thorough credit risk analysis, negotiating terms, and ensuring compliance with internal policies and regulations.
  • Structuring lease and loan agreements, considering all relevant factors such as pricing, rates, and collateral.
  • Overseeing the credit management process for a portfolio, including financial statement reviews and compliance assessments.

Qualifications:

Required:

  • Minimum of 3 years of experience in commercial credit underwriting and analysis.
  • Strong skills in presentation, financial statement analysis, and risk assessment.

Preferred:

  • Bachelor's degree in Accounting, Finance, Economics, Mathematics, or a related business field.

Key Skills:

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

Work Schedule:

1st shift (United States of America)

Weekly Hours:

40



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