Bank of America Commercial Credit Underwriter I in Salt Lake City, Utah
The Commercial Credit Underwriter is responsible for underwriting and structuring of straightforward and complex credit transactions with minimal oversight from the CO/CCM. The Underwriter is able to underwrite complex credit transactions with minimal oversight from the Credit Officer (“CO”) and also approves credit transactions with some coaching from the CO/CCM based on approval grid. The Underwriter leads the credit approval process with assistance from the CCM as needed for clients without CO coverage and is an active participant with the CO in credit approval process for complex clients/transactions. Underwriter leads documentation and closing for straightforward credit transactions and has an active role with the CO in documentation and closing for complex transactions. Provides ongoing management and primary accountability for all monitoring and maintenance activities on an assigned portfolio, including a higher composition of complex client relationships. They monitor clients operating performance and financial condition to proactively identify issues and opportunities. They deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The Underwriter provides ongoing coaching and support to other Credit team members. They report to the Commercial Credit Manager (CCM) and partner closely with COs and Analysts.
Typically has 3-5 years commercial credit underwriting experienceand Bachelors degree required; financial/accounting/economics degree (or experience with financial documents) preferred.
Posting Date : 10/06/2017
Salt Lake City, UT, 60 E SOUTH TEMPLE ST (UT9060),
- United States
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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