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Commercial Credit Underwriter II - Middle Market Financial Sponsors Group

New York, New York;

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:
This job is responsible for performing risk assessment and repayment capacity analysis (i.e., financial, borrower, industry, etc.) and preparing transaction justification for moderately complex/complex transactions with limited oversight. Key responsibilities include documenting credit analysis, independently assessing historic and projected borrower financial information, evaluating adherence to policy and procedure, providing loan structure analysis and recommendations, and monitoring portfolio performance.

The Middle Market Financial Sponsors (MMFSG) Credit team is seeking an Underwriter II. The team focuses exclusively on financings for Middle Market companies that are owned by private equity firms.  We typically provide Term Loan A solutions and our sponsor clients include both Middle Market and Large Cap firms.  Transactions include LBOs, Recaps, and Acquisition Financings across multiple industries and consist primarily of syndicated transactions.


  • Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facility
  • Partners with Credit Officers, Relationship Management, and Risk teammates to assess and deliver credit solutions
  • Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities
  • Delivers financial modeling, loan structure, industry, economic, and other analysis to team members to support the loan decision-making process 
  • Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements

Required Skills:

  • 5+ years of solid experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring in Commercial Banking
  • Analytical/technical skills, including financial accounting, and modeling
  • Strong communication skills; ability to communicate vertically, horizontally, and externally
  • Experience in financial analysis and portfolio management

Desired Skills:

  • BS/BA degree and 2-3 years of credit analyst experience preferred


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

Minimum Education Requirement:
High School Diploma / GED / Secondary School or equivalent


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: Yes, 10% of the time

New York pay and benefits information

New York pay range:

$100,300 - $155,000 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.


This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.