Credit Underwriter II-Covered/Commercial Real Estate Banking
Company websitejpmorganchase.com (JPMorgan Chase, opens in new tab)
Base salary $103K to $141K
Employer-published annual base salary, USD. Advertised base range in San Francisco, CA
You apply on the employer's own site. Six Figure Work does not handle applications.
- LocationSan Francisco, CA
- WorkplaceWorkplace not stated
- Status at last checkSource accepting applications when checked
- Last checked (1 h ago) · observed since
About this job
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for supporting credit underwriting and monitoring for new and existing clients in partnership with a credit team. Key responsibilities include completing and reviewing credit analysis, evaluating risks, reviewing work by less experienced teammates, and writing financial analysis for approval or monitoring. Job expectations include leading the process, ensuring timely and accurate analysis, and coaching teammates on credit requirements.
This role supports Commercial Real Estate credit underwriting and portfolio monitoring for new and existing clients in partnership with the Credit Officers, Relationship Management, and Risk. Key responsibilities include preparing and reviewing credit analyses, assessing risk, reviewing work completed by less experienced teammates, and drafting financial analyses for approval or ongoing monitoring. The role is expected to lead the underwriting process, deliver timely and accurate analyses, and coach teammates on credit requirements.
Responsibilities:
- Leads the credit analysis process with the support of other analysts and associates
- Partners with Credit Officers, Relationship Management, and Risk teammates to understand structuring needs and requirements
- Monitors operating performance and financial condition, proactively identifying issues and opportunities
- Assists in delivery of financial modeling, loan structure, industry, economic, and other analyses to team members to support the loan decision-making process
- Reviews work of junior teammates to provide feedback/coaching and ensure compliance with laws, rules, regulations and policy procedure
- Has credit approval for certain credit actions
- Participates in loan structure conversations and completion of loan documentation with internal/external legal partners
- Gathers, manages and reviews additional due diligence and third-party reports once deal is mandated
- Prepares credit packages and circulates for approval
- Responsible for Flood Process and regulatory data capture associated with deal closings
- Completes renewals, material modifications and extensions (non-preapproved)
- Completes Treasury-related requests, including card and ACH facilities for credit clients only
- Partners closely with the Credit Officer and Loan Administration team in loan closings
Required Qualifications:
- 5+ years commercial real estate credit related experience
- Financial analysis, underwriting and portfolio management experience
- Financial accounting, financial modeling and loan structuring experience
Desired Qualifications:
- Bachelor’s degree in finance, accounting, economics or similar
- Certificate from accredited real estate educational program
- Large money center bank experience
- CRE underwriting experience
- Commercial Credit Training
Skills:
- Attention to Detail
- Credit and Risk Assessment
- Financial Analysis
- Underwriting
- Written Communications
- Analytical Thinking
- Credit Documentation Requirements
- Financial Forecasting and Modeling
- Recording/Organizing Information
- Business Acumen
- Collaboration
- Collateral Management
- Loan Structuring
- Prioritization
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705)Pay and benefits informationPay range$103,000.00 - $141,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Source: JPMorgan Chase on Workday · View original posting (opens in new tab)
Pay in context
This role's base floor ($103,000) is above 4% of the 865 Finance & Accounting roles in California listed on this site; 2 others list the same floor. Their median floor is $150,000; the middle half runs from $121,600 to $185,000.
Only jobs on this site count, and each one publishes a base salary of $100,000 or more, so this compares six-figure jobs with each other, not with the whole market. Computed Nov 8, 2026.
This listingCredit Underwriter II-Covered/Commercial Real Estate Banking$103K to $141K
Global Financial Crimes Manager$105,000 to $173,900
GFC Threat Identification & Liaison Manager – High Risk Customer Type$105,000 to $173,900
GFC Threat Identification & Liaison Manager$105K to $175K
GFC External Risk Event Review Manager$105K to $175K
Data Governance Lead$105K to $135K
Architect - Platform Strategy - Migration and Modernization$105,600 to $165,000
Chart as a table
| Role | Published base |
|---|---|
| Credit Underwriter II-Covered/Commercial Real Estate Banking (this listing) | $103K - $141K |
| Global Financial Crimes Manager | $105,000 - $173,900 |
| GFC Threat Identification & Liaison Manager – High Risk Customer Type | $105,000 - $173,900 |
| GFC Threat Identification & Liaison Manager | $105K - $175K |
| GFC External Risk Event Review Manager | $105K - $175K |
| Data Governance Lead | $105K - $135K |
| Architect - Platform Strategy - Migration and Modernization | $105,600 - $165,000 |
Observed changes
- First observed on the employer's board
- Began meeting the published-salary criteria
- Observed since
- Employer-stated posting date
- 2026-09-29
Where this pay comes from
Location as the employer wrote it: San Francisco
$103,000.00 - $141,000.00 annualized salary, offers to be determined based on experie
- Method
- Employer text, read with fixed rules and re-verified
- Checked
- Rule set
- us-base-v2
The pay passage appears in the employer's own job text. Fixed, deterministic rules located it, and the passage below was checked against the stored copy of the posting.
What we verified
- The pay figures come from the employer's own listing, quoted exactly above.
- The pay is an annual base salary in US dollars with a minimum of at least $100,000.
- The role was publicly listed on the employer's job board when last checked.
We do not verify what the employer will actually offer, whether the employer is still recruiting for the role, or anything beyond what the employer published. Full methodology.