Credit Underwriter

The Commercial Credit Underwriter is responsible for underwriting and structuring of straightforward and complex credit transactions with minimal oversight from the CO (Credit Officer)/CCM (Commercial Credit Manager). The Underwriter approves credit transactions with some coaching from the CO/CCM based on approval grid. The Underwriter leads the credit approval process with assistance from the CO/CCM as needed for clients with straight forward credit needs and is an active participant with the CO in credit approval process for complex clients/transactions. Underwriter leads documentation and closing for straightforward credit transactions and has an active role with the CO in documentation and closing for complex transactions. They deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements.

According to JobzMall, the average salary range for a Credit Underwriter in 80 S 8th St, Minneapolis, MN 55402, USA is $36,000 to $69,000 per year. This range may vary depending on the company and experience of the credit underwriter.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.