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Credit Analyst, Global Corporate & Investment Banking – Energy Group

Houston, Texas

Job Description:

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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. Job expectations include completing regular monitoring and underwriting tasks and supporting key internal stakeholders to achieve successful execution of new transactions. This role will be filled as a GCIB Credit analyst within our Energy group.

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

• Builds projection models for the client (as needed) based on historical performance, industry forecasts, and other due diligence findings

• Identifying and monitoring client and industry risk trends

• Developing financial statement forecasts and enterprise valuations

• Discussing the merits of financing transactions from a credit risk and relationship perspective

• Reviewing legal documentation related to loans and derivatives

• Writing credit memorandums to summarize your analysis and conclusions

Required Skills :

• Minimum of 1 year of commercial and/or corporate banking credit underwriting related experience, preferably in a bank or large financial institution

• Understanding of basic finance and accounting concepts

• Proficient business writing and oral communication skills

• Effective time management skills with ability to balance multiple competing priorities

• Proficiency in Microsoft Excel

Desired Skills:

• Bachelor's Degree with emphasis in finance, accounting or economics

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

Minimum Education Requirement:

• High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

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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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

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