Senior Credit Underwriter – Asset Based Lending
Core
Evaluating financing opportunities, underwriting credit exposure, and negotiating loan documentation for new customers of Bank of America Business Capital (BABC) via Asset-Based Lending (ABL) facilities.
Role type
Senior Credit Underwriter (Asset-Based Lending)
Builds
ABL credit facilities ranging from $5 million to over $2 billion, collateralized by accounts receivable and inventory.
Domain
Financial Services / Corporate Lending / Asset-Based Lending
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Credit underwriting, Financial modeling, Loan structuring, Collateral management, Credit documentation, Risk assessment, Financial analysis, Industry analysis, Negotiation, Regulatory compliance
Preferred skills
Asset-based lending experience across broad industries, Formal credit training, Sound judgment and speed
Technologies
None stated
Responsibilities
Manage portfolios of clients with limited to moderate complexity; Deliver financial modeling and loan structure analysis; Review work of junior teammates; Lead loan structure conversations and completion of documentation; Interface with clients, financial sponsors, and third parties; Evaluate creditworthiness and provide decisioning on credit facilities; Monitor client operating performance and financial condition; Analyze new prospects for credit quality and ABL potential; Evaluate collateral suitability; Assist in negotiation of term sheets and credit agreements; Prepare internal documentation for new opportunities; Work with risk management to secure deal approval.
Seniority
Senior, hands-on IC
