Bank of America
Credit Review Senior Portfolio Manager
Bank of America, New York, New York, us, 10261
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description:Through examinations and monitoring, Credit Review provides an independent assessment of the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit processes across the bank’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or committee thereof, external auditors and regulatory agencies.This job is responsible for establishing and executing a risk-based coverage plan to monitor specific portfolio(s) within the large corporate credit portfolios within Enterprise Credit. Key responsibilities include serving as a subject matter expert in Credit Review, developing and executing a risk-based coverage plan to monitor and examine the portfolio(s), and performing and reviewing transactional testing of credit process execution controls of new and existing clients
to evaluate appropriateness of client selection, adherence to underwriting expectations, quality of ongoing monitoring and risk rating accuracy to proactively identify emerging risks and their impact on portfolio credit quality . This role includes providing updates to business leaders and executive management on continuous testing and examination results, new issues, and emerging risks.Responsibilities:Serves as a subject matter expert for the specific portfolio(s) of loans, oversees the execution of Credit Review’s coverage plan and may participate in examination activitiesPerforms transactional testing of credit process execution of new and existing clients, and provides direct and timely feedback on transactional reviews performed by othersProvides regulatory updates on results, and responds to inquiriesDocuments findings through quarterly reporting, including assessing and rating credit control effectiveness, direction of controls, and credit riskiness for the specific portfolio(s)Assesses and advises on the impact of industry-level, geo-political, and economic trends to credit portfoliosManages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validationRequired Qualifications:Minimum 8 years of commercial credit experience (credit review, direct lending, workout, risk management and/or regulatory)Ability to support conclusions through fact-based analysis and ability to influence senior leadersExcellent credit analysis, project management and leadership skillsStrong organizational and communication skills, both written and verbalAbility to manage multiple complex tasks while delivering high quality resultsDesired Qualifications:Internal Credit Review / Credit Risk ReviewBachelor’s DegreeSkills:Loan StructuringBusiness AcumenCredit and Risk AssessmentCritical ThinkingIssue ManagementStakeholder ManagementAnalytical ThinkingExecutive PresenceInfluenceRegulatory ComplianceRelationship BuildingShift:1st shift (United States of America)
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description:Through examinations and monitoring, Credit Review provides an independent assessment of the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit processes across the bank’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or committee thereof, external auditors and regulatory agencies.This job is responsible for establishing and executing a risk-based coverage plan to monitor specific portfolio(s) within the large corporate credit portfolios within Enterprise Credit. Key responsibilities include serving as a subject matter expert in Credit Review, developing and executing a risk-based coverage plan to monitor and examine the portfolio(s), and performing and reviewing transactional testing of credit process execution controls of new and existing clients
to evaluate appropriateness of client selection, adherence to underwriting expectations, quality of ongoing monitoring and risk rating accuracy to proactively identify emerging risks and their impact on portfolio credit quality . This role includes providing updates to business leaders and executive management on continuous testing and examination results, new issues, and emerging risks.Responsibilities:Serves as a subject matter expert for the specific portfolio(s) of loans, oversees the execution of Credit Review’s coverage plan and may participate in examination activities
Performs transactional testing of credit process execution of new and existing clients, and provides direct and timely feedback on transactional reviews performed by others
Provides regulatory updates on results, and responds to inquiries
Documents findings through quarterly reporting, including assessing and rating credit control effectiveness, direction of controls, and credit riskiness for the specific portfolio(s)
Assesses and advises on the impact of industry-level, geo-political, and economic trends to credit portfolios
Manages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validation
Required Qualifications:Minimum 8 years of commercial credit experience (credit review, direct lending, workout, risk management and/or regulatory)
Ability to support conclusions through fact-based analysis and ability to influence senior leaders
Excellent credit analysis, project management and leadership skills
Strong organizational and communication skills, both written and verbal
Ability to manage multiple complex tasks while delivering high quality results
Desired Qualifications:Internal Credit Review / Credit Risk Review
Bachelor’s Degree
Skills:Financial Analysis
Due Diligence
Loan Structuring
Underwriting
Business Acumen
Credit and Risk Assessment
Critical Thinking
Portfolio Analysis
Issue Management
Stakeholder Management
Analytical Thinking
Executive Presence
Influence
Collaboration
Regulatory Compliance
Relationship Building
Written Communications
Shift:1st shift (United States of America)
Hours Per Week:40
Pay Transparency detailsUS - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - NY - New York - 114 W 47TH ST (NY8114), US - RI - Providence - 1 Financial Plaza (RI1537)Pay and benefits informationPay range$127,300.00 - $197,300.00 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.Connecticut pay and benefits information$127,300.00 - $197,300.00annualized 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.This 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.New York pay and benefits informationNew York pay range:$127,300.00 - $197,300.00annualized 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.This 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.Rhode Island pay and benefits informationRhode Island pay range:$127,300.00 - $197,300.00annualized 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.This 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.Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.Please note : Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.Your Privacy Choices
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This feature allows you to manage your privacy choices. By selecting a category, you can learn about your choices and make changes. Selections you make will update your default settings. Where possible, we will provide you with a single privacy profile and store settings across our brands. Occasionally there are legal or technical limitations, where you have multiple user names or accounts, that may prevent this from occurring. You should check your settings for accuracy based on your relationship with us.Local Privacy Notices and RequirementsThe Privacy Choices displayed are specific to your local privacy requirements and our privacy notices. For more information about how we protect your privacy, including specific rights that may apply, please visit the
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CA Personal Information Request form.To opt out of sharing and selling, open the “Sharing and selling of Personal Data” tab and make a selection.Sharing and Selling of Personal Data
Sharing and Selling of Personal DataBank of America does not sell personal information, but we may share personal information for targeted advertising. You have the right to opt-out of the selling or sharing of your personal information.
By switching the toggle to the left and clicking save, you are indicating that you do not want us to sell your personal information or share your personal information for online targeted advertising activities.
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Always ActiveBank of America is committed to protecting children’s privacy and limiting the collection and use of minor’s data.For sites where we offer products or content to persons under 18 years of age, the privacy settings are set to the highest level, limiting data collection to what is required to run our website.This setting blocks the collection and use of sensitive information.To learn more about Children’s Privacy, see our Children's Privacy Page
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to evaluate appropriateness of client selection, adherence to underwriting expectations, quality of ongoing monitoring and risk rating accuracy to proactively identify emerging risks and their impact on portfolio credit quality . This role includes providing updates to business leaders and executive management on continuous testing and examination results, new issues, and emerging risks.Responsibilities:Serves as a subject matter expert for the specific portfolio(s) of loans, oversees the execution of Credit Review’s coverage plan and may participate in examination activitiesPerforms transactional testing of credit process execution of new and existing clients, and provides direct and timely feedback on transactional reviews performed by othersProvides regulatory updates on results, and responds to inquiriesDocuments findings through quarterly reporting, including assessing and rating credit control effectiveness, direction of controls, and credit riskiness for the specific portfolio(s)Assesses and advises on the impact of industry-level, geo-political, and economic trends to credit portfoliosManages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validationRequired Qualifications:Minimum 8 years of commercial credit experience (credit review, direct lending, workout, risk management and/or regulatory)Ability to support conclusions through fact-based analysis and ability to influence senior leadersExcellent credit analysis, project management and leadership skillsStrong organizational and communication skills, both written and verbalAbility to manage multiple complex tasks while delivering high quality resultsDesired Qualifications:Internal Credit Review / Credit Risk ReviewBachelor’s DegreeSkills:Loan StructuringBusiness AcumenCredit and Risk AssessmentCritical ThinkingIssue ManagementStakeholder ManagementAnalytical ThinkingExecutive PresenceInfluenceRegulatory ComplianceRelationship BuildingShift:1st shift (United States of America)
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description:Through examinations and monitoring, Credit Review provides an independent assessment of the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit processes across the bank’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or committee thereof, external auditors and regulatory agencies.This job is responsible for establishing and executing a risk-based coverage plan to monitor specific portfolio(s) within the large corporate credit portfolios within Enterprise Credit. Key responsibilities include serving as a subject matter expert in Credit Review, developing and executing a risk-based coverage plan to monitor and examine the portfolio(s), and performing and reviewing transactional testing of credit process execution controls of new and existing clients
to evaluate appropriateness of client selection, adherence to underwriting expectations, quality of ongoing monitoring and risk rating accuracy to proactively identify emerging risks and their impact on portfolio credit quality . This role includes providing updates to business leaders and executive management on continuous testing and examination results, new issues, and emerging risks.Responsibilities:Serves as a subject matter expert for the specific portfolio(s) of loans, oversees the execution of Credit Review’s coverage plan and may participate in examination activities
Performs transactional testing of credit process execution of new and existing clients, and provides direct and timely feedback on transactional reviews performed by others
Provides regulatory updates on results, and responds to inquiries
Documents findings through quarterly reporting, including assessing and rating credit control effectiveness, direction of controls, and credit riskiness for the specific portfolio(s)
Assesses and advises on the impact of industry-level, geo-political, and economic trends to credit portfolios
Manages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validation
Required Qualifications:Minimum 8 years of commercial credit experience (credit review, direct lending, workout, risk management and/or regulatory)
Ability to support conclusions through fact-based analysis and ability to influence senior leaders
Excellent credit analysis, project management and leadership skills
Strong organizational and communication skills, both written and verbal
Ability to manage multiple complex tasks while delivering high quality results
Desired Qualifications:Internal Credit Review / Credit Risk Review
Bachelor’s Degree
Skills:Financial Analysis
Due Diligence
Loan Structuring
Underwriting
Business Acumen
Credit and Risk Assessment
Critical Thinking
Portfolio Analysis
Issue Management
Stakeholder Management
Analytical Thinking
Executive Presence
Influence
Collaboration
Regulatory Compliance
Relationship Building
Written Communications
Shift:1st shift (United States of America)
Hours Per Week:40
Pay Transparency detailsUS - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - NY - New York - 114 W 47TH ST (NY8114), US - RI - Providence - 1 Financial Plaza (RI1537)Pay and benefits informationPay range$127,300.00 - $197,300.00 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.Connecticut pay and benefits information$127,300.00 - $197,300.00annualized 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.This 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.New York pay and benefits informationNew York pay range:$127,300.00 - $197,300.00annualized 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.This 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.Rhode Island pay and benefits informationRhode Island pay range:$127,300.00 - $197,300.00annualized 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.This 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.Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling
1.877.760.2076 . This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.Please note : Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.Your Privacy Choices
Sharing and Selling of Personal Data
Strictly Necessary
Advertising
Performance
Preference
Children's Privacy
Your Privacy Choices
This feature allows you to manage your privacy choices. By selecting a category, you can learn about your choices and make changes. Selections you make will update your default settings. Where possible, we will provide you with a single privacy profile and store settings across our brands. Occasionally there are legal or technical limitations, where you have multiple user names or accounts, that may prevent this from occurring. You should check your settings for accuracy based on your relationship with us.Local Privacy Notices and RequirementsThe Privacy Choices displayed are specific to your local privacy requirements and our privacy notices. For more information about how we protect your privacy, including specific rights that may apply, please visit the
Institutional Privacy
and the
Consumer Privacy
pages.Marketing PreferencesTo manage your general marketing preferences, please visit the “Control how we can share your data and market to you” form on our
Privacy Page.California ResidentsTo learn more about your privacy rights as a California resident, please see our
California Consumer Privacy Act Notice.To exercise your CCPA consumer rights to request, correct or delete your personal information, please visit our
CA Personal Information Request form.To opt out of sharing and selling, open the “Sharing and selling of Personal Data” tab and make a selection.Sharing and Selling of Personal Data
Sharing and Selling of Personal DataBank of America does not sell personal information, but we may share personal information for targeted advertising. You have the right to opt-out of the selling or sharing of your personal information.
By switching the toggle to the left and clicking save, you are indicating that you do not want us to sell your personal information or share your personal information for online targeted advertising activities.
If you do not have an account or if you are not logged into your account, your request to opt-out of sale/sharing will be linked to your browser identifier only and not linked to any account information because the connection between your browser and the account is not known to us.
At any time, you may change your preference setting using the toggle bar. Any manual adjustment will override previous settings.Strictly Necessary
Always ActiveAdvertising
Always ActivePerformance
Always ActivePreference
Always ActiveChildren's Privacy
Always ActiveBank of America is committed to protecting children’s privacy and limiting the collection and use of minor’s data.For sites where we offer products or content to persons under 18 years of age, the privacy settings are set to the highest level, limiting data collection to what is required to run our website.This setting blocks the collection and use of sensitive information.To learn more about Children’s Privacy, see our Children's Privacy Page
.
#J-18808-Ljbffr