Bank of America Vice President; Municipal Credit Underwriter in San Francisco, California
The Public Sector Banking Group, part of the firm’s Municipal Banking and Markets Group, provides on balance sheet capital raising solutions (loans, letters of credit, and other credit products) to State and Municipal clients (cities, counties, school districts, public universities, transportation authorities, etc).
The Municipal Credit Underwriter (“MCU”) is an integral member of the client coverage team and assists with the administration of the credit portfolio and the delivery of the end-to-end credit experience to our clients.
The MCU is primarily responsible for the independent underwriting and structuring of transactions. Prepares and presents credit packages for prospective opportunities, including quantitative and qualitative analysis of a client’s credit quality, economic/sector analysis, repayment ability and key credit risk assessment. Collaborates with Municipal Credit Officers, Risk Management, Investment Bankers, and Client Managers, as well as directly with clients. Works with external bank counsel to document transactions. Responsible for adherence to credit policies, guidelines, and applicable regulatory requirements. Provides ongoing management and has primary accountability for all monitoring and administration tasks for assigned portfolio. Serves as a coach and mentor to junior Municipal Credit employees
Location: Dallas, Los Angeles, Chicago, San Francisco
Undergraduate degree in finance, economics, accounting, or public administration
Five to seven years experience in commercial or municipal credit analysis, structuring, financial markets, public finance or government administration
Clear and concise verbal and written communication skills; ability to present work product to others in a persuasive manner
Sound judgment, logical reasoning, and a strong drive for results and success
Ability to work independently and manage changing workload priorities
Operate effectively in a virtual team environment across geographic boundaries
Efficient organizational skills/attention to detail
PC/computer proficiency -- Microsoft Word/Excel
Experience in municipal finance
Familiar with loan and bond documentation
10 years municipal/commercial banking experience
Ability to negotiate in an environment with diverse viewpoints
Experience making decisions with less than perfect or complete information
Experience with building and working with complex Excel models
Bank of America will consider for employment qualified applicants with criminal histories consistent with San Francisco ordinance 17-14 and federal law applicable to Bank of America.
Posting Date : 08/02/2017
Location : US-CA-San Francisco, US-CA-Los Angeles, US-IL-Chicago, US-TX-Dallas
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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