Job summary
Job post source
This job is directly from Bank of America
Job overview
The Credit Review Senior Portfolio Specialist at Bank of America is responsible for assessing credit decision quality and risk management practices, contributing to the overall effectiveness of the bank's credit processes.
Responsibilities and impact
Key responsibilities include leading examinations, managing issue resolution, performing transactional testing, and collaborating with Portfolio Managers to monitor credit portfolios and identify emerging risks.
Compensation and benefits
The salary range for this position is $137,800.00 - $183,700.00 annually, with eligibility for discretionary incentives and comprehensive benefits including paid time off.
Experience and skills
Candidates should have 8+ years of commercial credit experience, strong credit analysis and project management skills, and the ability to influence senior leaders.
Career development
Opportunities for professional growth include coaching new team members and engaging in complex projects that drive continuous improvement.
Work environment and culture
Bank of America promotes a diverse and inclusive workplace, emphasizing flexibility and support for employees' well-being.
Company information
Bank of America is committed to helping financial lives through responsible growth, focusing on client service and community impact.
Team overview
The candidate will join a dynamic Credit Review team that supports Global Corporate & Investment Banking and Leveraged Lending businesses.
Job location and travel
The position is based in various locations including East Hartford, New York, and Providence, with a standard 40-hour work week.
Unique job features
This role offers the chance to influence credit processes and engage with regulatory bodies, providing a unique opportunity to impact the bank's credit quality.
Company overview
Bank of America is a leading multinational financial institution that provides a wide range of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The company generates revenue through interest income, fees, and commissions from its diverse portfolio of services including consumer banking, wealth management, and global banking. Founded in 1904 as the Bank of Italy, it has grown through significant mergers and acquisitions, including the notable acquisition of Merrill Lynch in 2008, which expanded its investment banking and wealth management capabilities.
How to land this job
Position your resume to showcase your extensive experience in commercial credit, emphasizing your ability to perform credit analysis and manage risk effectively, as these are critical for the Credit Review Senior Portfolio Specialist role at Bank of America.
Highlight your project management skills, leadership experience, and proficiency in communication, as these qualities are essential for collaborating with Portfolio Managers and engaging with executive management and regulators.
Apply through various channels, including Bank of America's corporate website and LinkedIn, to maximize your chances of being noticed for this position.
Connect with professionals in the Credit Review division at Bank of America on LinkedIn to gather insights about the role and the team culture. Potential ice breakers could include discussing recent economic trends affecting credit portfolios or asking about their experiences in risk management.
Optimize your resume for Applicant Tracking Systems (ATS) by incorporating keywords from the job description, such as 'credit analysis,' 'risk management,' and 'emerging risks,' to ensure your application is easily discoverable.
Utilize Jennie Johnson's Power Apply feature, which can streamline your application process by tailoring your resume, identifying the best application channels, and facilitating networking opportunities, allowing you to focus on preparing for interviews and enhancing your skills.
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