Bank of America
Senior Credit Underwriter – Asset Based Lending
$110K–$200K
Los Angeles +4 · Senior · Full-time · Posted Aug 29, 2026
- Location
- Los Angeles
Newport Beach
Seattle
Portland
Dallas - Experience
- 5+ years’ experience in credit, underwriting, and structuring of corporate lending transactions; 10+ years of asset-based experience is desired.
- Education
- Minimum: High School Diploma / GED / Secondary School or equivalent. Desired: BA/BS Degree with concentration in Finance, Accounting or related.
About the job
Underwrites and monitors asset-based lending transactions and portfolios, evaluating creditworthiness, collateral, financial performance, loan structures, and documentation through approval and closing.
What you'll do
- Analyze borrower financials, projections, industries, and collateral to evaluate credit quality and recommend credit decisions.
- Structure and document ABL transactions, partnering with clients, internal credit and risk teams, legal counsel, and other third parties through approval, funding, and closing.
- Monitor client performance, ensure policy and regulatory compliance, and review and coach junior teammates’ work.
What they ask for
- 5+ years’ experience in credit, underwriting, and structuring of corporate lending transactions.
- Ability to independently handle complex and sensitive credit transactions.
- Deep knowledge of legal documentation, including commitment papers, term sheets, credit agreements, and intercreditor agreements.
- Ability to establish and maintain collaborative partnerships with internal and external clients.
Nice to have
- 10+ years of asset-based experience; familiarity with asset-based lending across broad industries.
- Formal credit training; BA/BS degree concentrated in Finance, Accounting, or a related field.
Pay
USD $110,000.00 - $200,000.00 annualized salary (base salary)
Model-written summary · the original posting is authoritative