Back to search results Credit Analyst II/General Industries - Global Corporate & Investment Banking Chicago, Illinois Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description:This job is responsible for analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions.Responsibilities:Analyzes client's financial performance by comparing it to past performance, projections, and industry standardsReviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warrantedAssists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and proceduresEvaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capitalBuilds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findingsEvaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facilityPartners with Credit Officers, Corporate Banking, and Risk teammates to assess and deliver credit solutionsMonitors the client's operating performance and financial condition, proactively identifying issues and opportunitiesDelivers financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making processEnsures adherence to credit policies, guidelines, procedures, and applicable regulatory requirementsRequired Qualifications: 1+ years of relevant experience in commercial and/or corporate credit underwriting related activities. Demonstrated working knowledge of financial and accounting concepts, with the ability to apply them in credit or financial analysisStrong written and verbal communication skills, with the ability to clearly summarize financial performance, risks, and recommendationsAbility to effectively manage multiple priorities and deadlines in a fast-paced, transaction-oriented environmentProficiency in Microsoft Excel, including use for financial analysis, modeling, and data reviewStrong attention to detail and sound judgment when working within credit policies, procedures, and regulatory guidelinesDesired Qualifications: Bachelor's degree in finance, accounting, economics, or a related fieldExperience supporting credit underwriting, risk rating, or loan approval processesExposure to financial modeling, cash flow forecasting, covenant testing, or profitability analysisFamiliarity with commercial lending products, credit policies, or relevant regulatory requirementsExperience partnering with relationship managers, credit officers, or risk teamsSkills:Analytical ThinkingFinancial AnalysisFinancial Forecasting and ModelingProfitability AnalysisResearch AnalysisAttention to DetailBusiness AcumenCredit and Risk AssessmentUnderwritingWritten CommunicationsCollaborationCredit Documentation RequirementsRecording/Organizing InformationCollateral ManagementLoan StructuringShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26022820 Manages People: No Travel: Yes, 5% of the time Age requirement: Must at least be 18 years of age. Illinois pay and benefits information Illinois pay range: $90,000.00 - $100,000.00 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. Benefits 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 Share: Save job Job saved