Commercial Credit Analyst –Small Business Credit

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. 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 evaluating the creditworthiness of businesses seeking loans or credit by analyzing financial statements, credit reports, and other financial data to assess risk and make recommendations on loan approval and terms. Key responsibilities include developing financial profiles, creating risk reports, and monitoring existing loan portfolios to ensure financial obligations can be met and to comply with institutional policies. Job expectations include working alongside senior commercial credit analysts on complex projects and analyses.

Responsibilities:

• Reviews financial statements, business credit reports, and other financial documents
• Determines the credit risk of a business by analyzing its financial condition, past repayment history, and industry trends
• Monitors the performance of existing loans, ensuring compliance with credit policies, and performing ongoing maintenance for the loan portfolio
• Works closely with loan officers, relationship managers, and other departments to gather necessary information and support the lending process

Skills:

• Credit and Risk Assessment
• Customer and Client Focus
• Financial Analysis
• Loan Structuring
• Underwriting
• Analytical Thinking
• Collaboration
• Decision Making
• Profitability Analysis
• Written Communications
• Business Acumen
• Credit Documentation Requirements
• Oral Communications
• Prioritization
• Recording/Organizing Information

Requirements:

• 2 years of Small Business Credit Card Underwriting experience

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: