
Approval Officer - Small Business Underwriting
The Small Business Lines and Loans team is part of the Client Underwriting and Protection organization. Responsible for underwriting and decisioning Small Business loans, ranging in size from $250M to $2MM, complying with all bank policies, procedures, and regulations. Responsible for underwriting and structuring of straightforward and complex credit transactions with minimal oversight from the CPAM/CPTL. They deliver financial, industry, economic and other analysis used to recommend and approve loans. The AO will be called on to take on customer facing responsibilities in obtaining background and financial information, articulating the banks position and negotiating more complex relationships.
3 or more years of Small Business or Commercial Lending Underwriting experience
Ability to work on transactions without close supervision.
Familiarity with banking regulations
Prior experience in a high volume production environment
Time Management
Analytical skills
MS Excel
MS Word
Cash flow analysis
Loan structuring
Communication
Process Improvement
Detail Oriented
Goal-Driven
According to JobzMall, the average salary range for a Approval Officer - Small Business Underwriting in 1825 E Buckeye Rd, Phoenix, AZ 85034, USA is between $48,000 and $62,000 per year. This salary range may vary depending on the experience, qualifications, and other factors of the individual.
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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.

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