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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite.

The clients are primarily owned by private equity firms with leveraged capital structures. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new broadly syndicated or Private Credit leveraged finance transactions.

Responsibilities:

• Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
• Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted
• Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures
• Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
• Build projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings
• Evaluates credit worthiness and provides analysis and decisioning on whether a leveraged issuer should receive a credit facility
• Partners with Senior Credit Officers, Leveraged Finance Capital Markets, Investment Banking Coverage and Risk teammates to assess and deliver leveraged credit solutions
• Monitors clients' operating performance and financial condition through earnings calls, periodic financial reporting, and ongoing performance reviews
• Delivers financial modeling, leveraged loan structure, industry, and downside sensitivity analyses to support loan decision-making
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements

Required Qualifications:

• 1+ years of relevant experience in commercial/corporate banking credit analysis or a comparable analytical or risk-focused role
• Demonstrated working knowledge of financial and accounting concepts, with the ability to apply them in credit or financial analysis
• Strong written and verbal communication skills, with the ability to clearly summarize financial performance, risks, and recommendations
• Ability to effectively manage multiple priorities and deadlines in a fast-paced, transaction-oriented environment
• Proficiency in Microsoft Excel, including use for financial analysis, modeling, and data review
• Strong attention to detail and sound judgment when working within credit policies, procedures, and regulatory guidelines
• Demonstrated willingness to embrace, learn, and effectively use emerging analytical and AI‑enabled tools to enhance credit analysis, monitoring, and decision‑making

Desired Qualifications:

• Bachelor’s degree in finance, accounting, economics, or a related field
• Experience supporting credit underwriting, risk rating, or loan approval processes
• Exposure to financial modeling, cash flow forecasting, covenant testing, or profitability analysis
• Familiarity with commercial lending products, credit policies, or relevant regulatory requirements
• Experience with Leveraged Finance and/or broadly syndicated loans
• Experience partnering with capital markets, credit officers, or risk teams

Skills:

• Analytical Thinking
• Financial Analysis
• Financial Forecasting and Modeling
• Profitability Analysis
• Research Analysis
• Attention to Detail
• Business Acumen
• Credit and Risk Assessment
• Underwriting
• Written Communications
• Collaboration
• Credit Documentation Requirements
• Recording/Organizing Information
• Collateral Management
• Loan Structuring

Shift:

Hours Per Week: