Bank of America

Approval Officer - Small Business Underwriting

Bank of America

1825 E Buckeye Rd, Phoenix, AZ 85034, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

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.

Where is this job?
This job is located at 1825 E Buckeye Rd, Phoenix, AZ 85034, USA
Job Qualifications
  • 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

Required Skills
  • Time Management

  • Analytical skills

  • MS Excel

  • MS Word

  • Cash flow analysis

  • Loan structuring

Soft Skills
  • Communication

  • Process Improvement

  • Detail Oriented

  • Goal-Driven

Compensation

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.

Additional Information
Bank of America is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedDecember 23rd, 2021
Apply BeforeMay 22nd, 2025
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About Bank of America

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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