Credit Analyst II/Credit Underwriter I -… at Bank of America · Boston

Credit Analyst II/Credit Underwriter I - Global Infrastructure Credit

Location: New York

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 supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include completing and reviewing credit analysis, evaluating risks, reviewing work by less experienced teammates, and writing financial analysis for approval or monitoring. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.

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 bank’s eight lines of business, the Global Infrastructure Credit team supports the bank’s commitment to sustainable, renewable, and green finance. The team plays a key role in advancing transactions that align with the bank’s strategy to support the transition to a low‑carbon economy while maintaining strong credit discipline and risk management.

The Global Infrastructure 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:

• Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
• Monitors operating performance and financial condition, proactively identifying issues and opportunities
• Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
• Monitors the client's operating performance and financial condition, proactively identifying issues and opportunities
• Delivers financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
• Ensures adherence to credit policies, guidelines, procedures, and applicable regulatory requirements
• Perform financial, industry, counterparty, and transaction analyses, including qualitative and quantitative due diligence to support underwriting decisions
• Conduct research and prepare comprehensive credit approval packages, including written transaction justification and supporting documentation
• Participate in the underwriting and documentation of project finance and other credit facilities, ensuring alignment with client needs and the bank’s risk/return objectives
• Review the credit profile of key transaction counterparties (e.g., borrowers, sponsors, servicers, and off‑takers) and assess structural and stress considerations
• Provide analytical support and input on select projects or initiatives to enhance credit processes, reporting, or portfolio risk management

Required Qualifications:

• 2 + years experience in corporate or commercial credit related role.
• Strong financial modeling skills

Desired Qualifications:

• BA degree in Finance or related major
• Master’s Degree
• Formal credit training program at financial institution
• Experience in project finance/tax equity/structured credit with a focus in energy, power, or infrastructure

Skills:

• Attention to Detail
• Financial Analysis
• Underwriting
• Written Communications
• Analytical Thinking
• Credit Documentation Requirements
• Credit and Risk Assessment
• Financial Forecasting and Modeling
• Recording/Organizing Information
• Business Acumen
• Collaboration
• Collateral Management
• Loan Structuring
• Prioritization

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 - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$110,000.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.