Credit Analyst I/II - GCIB - Energy

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.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy

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. This role will be filled as a GCIB Credit analyst within our Energy group.

Position may be hired as Credit Analyst I or II, based on experience

Responsibilities:

Analyzes client's financial performance by comparing it to past performance, projections, and industry standards

Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted

Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures

Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital

Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings

Developing financial statement forecasts and enterprise valuations

Discussing the merits of financing transactions from a credit risk and relationship perspective

Reviewing legal documentation related to loans and derivatives

Writing credit memorandums to summarize your analysis and conclusions

Required Qualifications :

Commercial and/or corporate banking credit underwriting–related experience, preferably within a bank or large financial institution

Understanding of foundational finance and accounting concepts

Proficient written and verbal communication skills

Strong time‑management skills with the ability to manage multiple priorities

Proficiency in Excel, including the use of formulas and data analysis tools

Demonstrated experience analyzing corporate financial statements, interpret income statements, balance sheets, and cash flow statements

Experience producing analytical written summaries

Desired Qualifications:

Bachelor's Degree with emphasis in finance, accounting or economics

Skills:

Analytical Thinking

Financial Analysis

Financial Forecasting and Modeling

Profitability Analysis

Research Analysis

Attention to Detail

Business Acumen

Credit and Risk Assessment

Underwriting

Written Communications

Collaboration

Critical Thinking

Portfolio Analysis

Prioritization

Technical Documentation

Shift: 1st shift (United States of America)

Hours Per Week: 40