Bank of America Hiring for SBA Approval Officer I at Phoenix, AZ Full Time

Job Description:

The Approval Officer I role is responsible for credit activities to support underwriting (e.g., financial spreading, risk rating scorecard, covenant tests) and typically works on most complex clients/deals. Additionally, the AO I is responsible for ongoing credit analysis, deal pre-scree analysis and escalation to the credit team as appropriate. AO I will further be responsible for Business Banking Small Business Administration (SBA) underwriting including modifications, small new money requests and other administrative and post approval underwriting actions.

The role will specifically support Small Business Administration products and underwriting. Direct client contact required to obtain additional financial information. May participate in projects and initiatives to achieve strategic objectives of the organization. May coach or mentor others on team

Required Skills:

• 1-3 plus years of commercial credit analysis or underwriting experience.
• Bachelor’s degree, preferably in business administration, finance, accounting or economics

Desired Skills:

• Knowledge of SBA products and underwriting.
• Credit training.
• Prior experience in a high volume production environment
• Strong teamwork skills in the commercial market space.

Job Band:

H5

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0