Credit Analyst II - Leveraged Finance Credit, Acquisition Financing
New York, New York;Charlotte, North Carolina
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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:
Credit analyst II role for Leveraged Finance Credit's Acquisition Financing team, which underwrites both broadly syndicated leveraged finance transactions and financings for Bank of America's private credit strategy. This job is responsible for analyzing and interpreting a client's credit worthiness and evaluating credit risks. Key responsibilities include financial modeling, credit due diligence, writing credit approval memos, and collaborating with key internal stakeholders such as risk, investment banking, and capital markets teams to achieve successful underwrites.
Responsibilities:
Assists in the underwriting, credit risk analysis, negotiation, 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 projection models based on historical performance, industry forecasts, and other due diligence findings
Conducts due diligence with clients
Required Qualifications
1+ year of experience in financial analysis and financial modeling within corporate credit, leveraged finance, capital markets, investment banking, private credit, or similar analytical environments
Hands-on experience supporting or building financial models, with the ability to explain key assumptions, outputs, and risk considerations
Experience evaluating credit risk using financial statements, projections, and transaction-level analysis
Exposure to leveraged finance and acquisition financing concepts, including cash flow analysis, leverage, and 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
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 in corporate credit, investment banking, or capital markets, and working in cross-functional teams.
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
Prioritization
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
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Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
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.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
