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Bank Of America Underwriter/Credit Officer-Corporate Real Estate Banking 
United States, Illinois, Chicago 
812534759

Today

Job Description:

  • Job Description:
    This job is responsible for performing real estate deal analysis, preparing supporting deal justification, and processing approvals. Key responsibilities include underwriting aspects of a real estate credit transaction (e.g., construction debt, term debt, and tax credit equity) for all product types, performing material modifications to existing facilities, and advising the Commercial Real Estate Banking portfolio group on any post closing credit actions as needed. Job expectations may include driving operational excellence and influencing leaders, peers, and clients.

    Responsibilities:

    • Leads the underwriting of secured and unsecured transactions to Real Estate Corporate Banking clients, including real estate secured construction and term debt, tunsecured corporate revolvers, bridge financing.
    • Performs the requisite due diligence once a credit opportunity is mandated, preparing the approval request documents, receiving final loan approval on a timely basis, and participating in the loan closing process
    • Collaborates with the client, relationship coverage team, and product partners, as applicable, to facilitate timely and client-centric loan closings.Occasional travel for client meetings and project tours.
    • Leads the end-to-end process for loan modifications and extensions on existing loans including structuring, due diligence, gaining approval, and closing
    • Completes Scheduled Exposure Reviews (SERs) and Risk Rating Scorecards for adversely risk rated loans for approval, and presents SERs at quarterly SER meetings

    Required Qualifications:

    • 3+ years of Commercial Real Estate Credit/Underwriting experience
    • Experience analyzing and interpreting commercial real estate financial statements
    • Must have financial modeling experience

    Desired Qualifications:

    • 5+ years of Commercial Real Estate industry and Commercial Real Estate Credit experience
    • Bachelor’s degree in finance, accounting or related major

    Skills:

    • Credit and Risk Assessment
    • Financial Analysis
    • Underwriting
    • Written Communications
    • Analytical Thinking
    • Attention to Detail
    • Customer and Client Focus
    • Due Diligence
    • Oral Communications
    • Collateral Management
    • Interpret Relevant Laws, Rules, and Regulations
    • Legal Structures and Legal Forms
    • Loan Structuring
    • Prioritization
1st shift (United States of America)