Senior Underwriter
Company: Bank of America
Role Overview:
CREB Underwriter (UW) is responsible for performing deal analysis, preparation of supporting justification, and processing approvals. The UW has understanding of key policies and regulations for applicability/impact to a transaction. The UW is a senior member of the CREB market team, is aligned to LOB regions/markets, working with the CO teams in a specific market and is assigned a portfolio of clients. The UW is typically an individual contributor who reports to a CREB Senior Credit Product Manager. However, the UW pairs with a CO based on assigned relationships and they work as a team to jointly underwrite and close new CRE transactions as well as perform material modification to existing facilities. The UW will also advise the CREB portfolio group with any post closing credit actions as needed. Successful candidates will possess functional expertise and will have demonstrated strong performance with a focus on collaboration, driving operational excellence and the ability to influence leaders, peers and clients. The UW is also expected to take a leadership role in advising, training and mentoring more junior Underwriters
Functional Role Description:
- New deal analysis and supporting justification
- Prepare approval documents and collateral analysis
- Support CO on DSM, Term Sheets, and Loan Closings
- Data capture for new originations
- Activities associated with renewal, modification and extension of existing facilities where terms are being changed (i.e. extensions beyond final maturity, commitment increases, material covenant changes), including scorecard preparation
Role Qualifications:
- 3-7 years’ experience within a financial institution
- Extensive experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.
- Superior writing skills
- Adept at gathering and analyzing market and portfolio information
- Familiarity with core banking products
- Maintains knowledge of other BofAML products including Investment Banking, Interest Rate Hedging, and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible solution for the client or prospect.
Street Address
Primary Location:
555 California St, CA, San Francisco, 94104
Additional Locations:
800 5TH Ave, Seattle, Washington, United States
Apply at https://careers.bankofamerica.com/en-us and search for requisition # #21043516
Contact
Brandy Buttram
San Francisco/Seattle
brandy.buttram@bofa.com
https://careers.bankofamerica.com/en-us
