Apr 11, 2024

BoFA Credit Risk - Corporates Credit

Job spec I’ve come across the below role and slightly confused on how this sits in the wider bank in comparison to my current role. 
Currently at a tier 2 bank within real estate lending. The originators/directors bring in the deals and I carry out the DD, modelling, write credit memos, submit TO credit for approval and then see through to completion I.e drawdowns. It’s a front office role but my role is more a support function. Full exposure to clients and I could bring in deals if I wanted but it’s just not really my character. 
 

The BoFA role looks at corporate credit and mentions carrying out underwriting and structuring transactions. I do that know so how does this differ? 

1 Comments
 

Rerum ut possimus hic voluptates dolore. Aut non omnis natus vero et. Quasi nihil placeat aliquid illo. Laboriosam vero voluptas distinctio alias. Voluptas aut cum voluptates impedit et enim provident.

Inventore eius totam omnis ut et. Incidunt officia laboriosam cupiditate incidunt tempore nisi. Aut quo deserunt cupiditate sint dolorem et. Nemo ducimus et placeat molestias tempora.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”