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 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 end-to-end credit underwriting and monitoring processes for new and existing clients. Key responsibilities include completing credit analysis, evaluating risks, and writing financial analysis using various tools and systems. Job expectations include analyzing financials, projections, industry data, covenant compliance, collateral, and policy requirements to ensure alignment with the bank’s risk appetite.
Analyst role for the Leveraged Acquisition Finance team, which advises, underwrites, and executes both broadly syndicated event-driven leveraged finance transactions and investments for Bank of America’s $25 billion private credit investment strategy.
Responsibilities:
Analyzes client financial information, identification/mitigation of potential risks, compliance with regulatory requirements and evaluation of collateral in determination of credit worthiness
Completes monitoring activities via analysis of clients’ financial performance and collateral evaluation to ensure appropriate requirements are met
Listens in to client meetings to develop a deeper understanding of the client's business, management team, and past and future performance
Reviews completed client requests to ensure compliance with policy and procedures
Understands how credit data is used internally and provided to regulatory partners
Assists with periodic portfolio reviews
Responsibility for the underwriting, risk / reward analysis, negotiation, approval and closing of new transactions, while adhering to all relevant policies and procedures
Analyzes client's financial performance by comparing it to past performance, projections, and industry standards
Evaluates transaction and relationship risk-adjusted profitability to facilitate the allocation of capital
Builds granular multi-scenario LBO and DCF projection models based on historical performance, industry forecasts, and other due diligence findings
Conducts due diligence with Sponsor and Corporate clients
Creation of ad-hoc PowerPoint-based analyses in support of live deals and investments
Required Qualifications:
Experience in financial analysis and financial modeling within leveraged finance, capital markets, investment banking, private credit, private equity, or similar analytical environments
Hands-on experience building financial models, with the ability to explain key assumptions, outputs, and downside considerations to executive level leadership
Experience quantifying downside risk on a pro forma basis using financial statements, consulting reports, client projections, and transaction-level due diligence
Exposure to leveraged finance and private credit investing concepts, including cash flow analysis, leverage, and varied debt structures
Working knowledge of LBO modeling, including ability to do a bottoms-up build of a model, familiarity with structure, key drivers, and sensitivities
Able to efficiently work on multiple live deals simultaneously with minimal oversight
Desired Qualifications:
Bachelor’s degree in finance, accounting, economics, or a related field
Prior experience with leveraged loan, acquisition financing, or private credit transactions
Experience working on live deals in investment banking, private credit, or capital markets
Experience conducting complex investment return analyses
Ability to independently navigate credit agreements and other relevant debt documents
Proficiency in explaining complex deal and debt‑related concepts clearly and concisely to stakeholders, and clients as necessary
Skills:
Analytical Thinking
Credit Documentation Requirements
Financial Analysis
Loan Structuring
Relationship Building
Active Listening
Attention to Detail
Collaboration
Underwriting
Written Communications
Business Process Analysis
Data and Trend Analysis
Issue Management
Recording/Organizing Information
Research
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$110,000.00 - $125,000.00 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.
Job Tags
Work at office, Flexible hours, Shift work, Day shift