Credit Underwriter II - Global Wealth & Investment Management

Company: Bank of America
Location: Charlotte
Posted on: April 1, 2026

Job Description:

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 analyzing and interpreting a client's credit worthiness, evaluating credit risks, and writing credit approval memos for annual renewals and new lending opportunities. Key responsibilities include analyzing qualitative and quantitative data such as client's financials, projections, industry data, covenant compliance, and collateral appraisals to ensure compliance with the bank's risk appetite. The Credit Underwriter II is aligned with the Credit Advisor in their goal of developing new custom lending relationships with strategic wealth clients. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. Transactions include commercial real estate, yacht, unsecured, Treasury Management, and Corporate Bankcards. Responsibilities: Analyzes client's financial performance by comparing it to past performance, projections, and industry standards Reviews financial statements, assesses the client's compliance with financial covenants, and renews risk ratings, while recommending changes as warranted Assists in the underwriting, credit risk analysis, negotiation, and closing of new transactions or existing transactions, while adhering to all relevant policies and procedures Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital Identifies, escalates, and debates data quality, regulatory, and/or policy breach issues, while delivering accurate and consistent data Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings Trains, coaches, and mentors Credit Analysts Identify and recommend process improvements Maintains asset quality within the defined Global Wealth and Investment Management risk appetite limits Required Qualifications: 3 - 5 years of commercial and/or private wealth management credit experience Strong financial analysis, accounting skills, and deal structuring for borrowers with complex balance sheets and income streams Strong negotiation and communication skills Organized and detail oriented with ability to multi-task, with prior experience in a high-volume production environment Proficiency in Word, Excel and PowerPoint Excellent interpersonal skills and the ability to build business partnerships with risk, services and client teams who may not be co-located Desired Qualifications: Bachelor’s degree in business administration, finance, accounting or economics preferred Formal Credit Training and/or Commercial/Wealth Management credit experience preferred Skills: Analytical Thinking Financial Analysis Financial Forecasting and Modeling Profitability Analysis Research Analysis Attention to Detail Business Acumen Credit and Risk Assessment Underwriting Written Communications Collaboration Critical Thinking Portfolio Analysis Prioritization Technical Documentation Shift: 1st shift (United States of America) Hours Per Week: 40

Keywords: Bank of America, Winston-Salem , Credit Underwriter II - Global Wealth & Investment Management, Accounting, Auditing , Charlotte, North Carolina