Credit Analyst IICredit Underwriter I Global Renewable Credit

Bank of America is seeking a Credit Analyst II/Credit Underwriter I for its Global Renewable Credit team in Charlotte, VT. The role involves risk assessment, financial analysis, and credit decision-making for renewable energy transactions. Responsibilities include evaluating creditworthiness, monitoring client performance, and ensuring adherence to policies. The position emphasizes in-office attendance while allowing some flexibility, supporting the bank's commitment to responsible growth and sustainable finance.
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 performing risk assessment and repayment capacity analysis (i.e. financial borrower industry etc.) and preparing transaction justification for complex transactions with limited supervision. Key responsibilities include documenting credit analysis independently assessing historic and projected borrower financial information evaluating adherence to policy and procedure providing loan structure analysis and recommendations and monitoring portfolio performance.



Embedded across the banks eight lines of business the Global Renewable Energy Credit team supports the banks commitment to sustainable renewable and green finance. The team plays a key role in advancing transactions that align with the banks strategy to support the transition to a lowcarbon economy while maintaining strong credit discipline and risk management.

The Global Renewable Energy Credit team provides credit support for Corporate Lending Tax Equity and Project Finance transactions partnering with origination relationship management and risk teams throughout deal origination and underwriting. This role offers exposure to a broad range of renewable energy and infrastructure transactions and the opportunity to contribute to the growth of a specialized credit platform within a regulated financial institution.


Responsibilities:

Evaluates credit worthiness and provides analysis and decisioning on whether a client should receive a credit facilityPartners with Credit Officers Relationship Management and Risk teammates to assess and deliver credit solutionsMonitors the clients 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 requirementsPerform financial industry counterparty and transaction analyses including qualitative and quantitative due diligence to support underwriting decisionsConduct research and prepare comprehensive credit approval packages including written transaction justification and supporting documentationParticipate in the underwriting and documentation of project finance and other credit facilities ensuring alignment with client needs and the banks risk/return objectivesReview the credit profile of key transaction counterparties (e.g. borrowers sponsors servicers and offtakers) and assess structural and stress considerationsProvide analytical support and input on select projects or initiatives to enhance credit processes reporting or portfolio risk management

Required Qualifications:

2 years ofexperience in corporate or commercial credit related activities.Strong financial modeling skills

Desired Qualifications:

BA degree in Finance or related major Masters DegreeFormal credit training program at financial institutionExperience in project finance/tax equity/structured credit with a focus in energy power or infrastructure

Skills:

Attention to DetailFinancial AnalysisUnderwritingWritten CommunicationsAnalytical ThinkingCredit Documentation RequirementsCredit and Risk AssessmentFinancial Forecasting and ModelingRecording/Organizing InformationBusiness AcumenCollaborationCollateral ManagementLoan StructuringPrioritization

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





Shift:

1st shift (United States of America)



Hours Per Week:

40



Pay Transparency details





US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)



Pay and benefits information



Pay range



$70000.00 - $125000.00 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.
Required Experience:

IC


Employment Type : Full-Time
Experience: years
Vacancy: 1
Yearly Salary Salary: 70000 - 125000