Bank of America is a global financial institution operating across banking, finance, and fintech. Its services include personal banking, small-business support, wealth management, investment services, and access to capital markets for individuals, businesses, and institutions. The company also focuses on responsible growth through sustainable finance, diversity initiatives, and community development programs.
Credit Analyst II, Asset-Based Finance – Bank of America, Charlotte
Bank of America seeks a Credit Analyst II to assess client financials, collateral, credit risk, and profitability for its asset-based finance portfolio. The role supports underwriting, portfolio monitoring, loan execution, and regulatory compliance in Charlotte.
Description
- Assess client creditworthiness and identify related credit risks
- Prepare credit approval memoranda for annual renewals and prospective lending opportunities
- Review client financial statements, projections, industry information, covenant compliance, collateral records, and appraisals
- Perform recurring credit monitoring and underwriting activities
- Identify and address potential risks while maintaining compliance with regulatory requirements and internal policies
- Attend client meetings to develop an understanding of the business, management team, and financial performance
- Check client requests and credit submissions for accuracy, completeness, and policy compliance
- Contribute to periodic portfolio assessments
- Take part in loan structuring discussions and support loan documentation activities
- Assess transaction and relationship risk-adjusted profitability to inform capital allocation
- Develop client projection models using historical results, industry forecasts, and due diligence findings when needed
- Help execute new transactions and support internal and regulatory use of credit information
Requirements
- At least one year of experience in credit analysis, underwriting support, or financial analysis
- Foundational knowledge of financial statements, cash flow analysis, and credit risk principles
- Ability to perform routine credit analysis and monitoring accurately and on schedule
- Experience preparing or supporting written financial or credit analysis materials
- Proficiency with Microsoft Excel and financial data and reporting
- Strong analytical ability and close attention to detail
- Clear and effective written communication skills
- Ability to manage multiple assignments and collaborate effectively within a team
- Bachelor’s degree in finance, accounting, economics, business, or a related discipline is preferred
- Working knowledge of financial statements, cash flow analysis, and core credit risk concepts
- Familiarity with commercial lending, credit policies, and loan documentation
Benefits
- Access to affordable, competitive, and flexible benefits
- Resources supporting physical, emotional, and financial well-being
- Opportunities for learning, professional growth, and meaningful contribution
- Inclusive workplace and career development opportunities