17 days old

CREB Underwriter

New York, NY 10176
**Job Description:**



Role Overview:

CREB Underwriter (UW) is responsible for performing deal analysis, preparation of supporting justification, and processing credit approvals. The UW has understanding of key credit policies and regulations for applicability/impact to a credit transaction. The UW is a member of the CREB market team, is aligned to LOB regions/markets, and is assigned a portfolio of clients. The UW is typically an individual contributor who reports to a CREB Senior Credit Product Manager, however, the UW pairs with a Credit Officer based on assigned relationships and they work as a team to jointly underwrite and close new CRE transactions. The UW will also advise the CREB portfolio group with any post closing credit actions as needed. Successful candidates will possess functional expertise and will have demonstrated strong performance with a focus on collaboration, driving operational excellence and the ability to influence leaders, peers and clients.



**Functional Role Description:**



+ New deal analysis and supporting justification

+ Prepare credit approval documents

+ Support Credit Officer on DSM, Term Sheets, and Loan Closings

+ CAM preparation and collateral analysis

+ Data capture for new originations



**Role Qualifications:**



+ Bachelor's degree required, MBA a plus

+ 5+ years experience within a financial institution

+ Knowledge of the primary functions of the Commercial Real Estate Banking teams at Bank of America

+ Familiarity with core banking products

+ Understanding of the regulations and BA policy that govern CRE lending

+ Adept at gathering and analyzing market and portfolio information

+ Solid experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.

+ Strong writing skills

+ Maintains knowledge of other BofAML products including Investment Banking, Interest Rate Hedging, and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible solution for the client or prospect.



**Leadership Competencies:**



+ Demonstrates business and financial acumen

+ Ensures self and others maintain a focus on client needs

+ Delivers practical, innovative solutions to customers/clients that meet their individual needs

+ Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team

+ Is intellectually curious; constantly seeks to learn and advance his/her knowledge

+ Remains positive and focused during times of pressure, adversity, or change

+ Is resilient; quickly adjusts behaviors in order to be successful.

+ Communicates clearly, both in writing and speaking using concise and simple language

+ Demonstrates a bias for action and a commitment to achieving sustainable results

+ Makes timely and fact-based decisions

+ Ensures rigorous thinking and analysis have been used when making a decision



**Key Stakeholders:**



+ CREB Wholesale Credit Executive

+ CREB Credit Products Executive

+ CREB Senior Credit Product Manager

+ CREB Credit Officers

+ CREB Client Management teams



**Posting Date** : 09/19/2018



**Location** :

New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK,

- United States



**Travel** : Yes, 10% of the time



**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.
Posted: 2018-10-02 Expires: 2018-11-01

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At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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CREB Underwriter

Bank of America
New York, NY 10176

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