Bank of America AB Senior Underwriter II in Los Angeles, California

Job Description:

This position focuses full-time on credit underwriting for Bank of America Business Capital’s West Division (“Business Capital”). Business Capital is the number one asset based lender providing financing to manufacturers, distributors and service companies with loan requirements from $5 million to $2 billion. Loans support growth, acquisitions, leveraged buyouts, restructuring, refinance, expansion, recapitalization and working capital.

Position focuses on credit underwriting and review of prospects and/or new credit relationships to Business Capital. The AB Senior Underwriter II is an experienced credit professional capable of independent activity on complex and sensitive credit transactions.

Works in a team setting with business development officers, relationship managers and/or product specialists and is responsible to develop, structure, analyze, covenant, document, fund and close ABL transactions. Interfaces directly with clients and prospects, financial sponsors and/or financial intermediaries (including outside accountants, legal counsel, appraisers, field examiners, etc.).

Full understanding of Bank of America and BABC credit policies is required to identify and resolve issues during the underwriting, documentation and closing processes. Responsibilities include working in a team format to deliver a superior product to our clients, investors and the Firm. Usually requires 5+ years of related credit experience.

Required Skills

  • Background in credit, underwriting, and structuring of corporate lending transactions

  • Completion of a formal credit training program is desired

  • Familiarity with asset-based lending across broad industries

  • Able to establish and maintain collaborative partnerships

  • Demonstrates strong teaming behavior that creates win-win solutions that build trust

  • Demonstrates deep and broad business acumen - a strong business person with technical skills

  • Easily navigates multiple client and support organizations

  • Demonstrates sound judgment and acts with speed - able to achieve results quickly

  • Complex problem resolution abilities

  • Communicates crisply and candidly

  • Unquestionable business and personal integrity

Posting Date : 04/03/2018

Location :

Los Angeles, CA, BANK OF AMERICA PLAZA, 333 S HOPE ST,

Dallas, TX, BANK OF AMERICA PLAZA, 901 MAIN ST,

  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

Assistance for Applicants with Disabilities

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

Diversity & Inclusion

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Frequently Asked Questions

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.