Job summary
Job post source
This job is directly from Bank of America
Job overview
The Credit Review Senior Portfolio Manager at Bank of America leads risk-based credit review for large corporate portfolios, ensuring credit quality and risk management within the renewable energy and asset-based finance sectors.
Responsibilities and impact
The role involves executing a risk-based coverage plan, performing transactional testing of credit processes, providing feedback and regulatory updates, documenting findings, assessing industry and economic impacts, and managing credit issues and action plans.
Compensation and benefits
The position offers an annual salary range of $128,700 to $200,300 with discretionary incentives based on performance, along with industry-leading benefits including paid time off and support resources.
Experience and skills
Candidates must have at least 8 years of commercial credit experience, expertise in asset-based lending, strong credit analysis, project management, leadership, and communication skills; a bachelor's degree and internal credit review experience are preferred.
Career development
Bank of America offers opportunities to learn, grow, and make an impact, supporting career advancement through development programs and exposure to senior leadership.
Work environment and culture
The company emphasizes an inclusive workplace culture focused on responsible growth, physical and emotional wellness, recognition, and community impact, with a commitment to in-office attendance and flexible arrangements based on role.
Company information
Bank of America is a leading financial institution committed to responsible growth, serving clients, communities, and shareholders with a focus on financial wellness and inclusive workplace practices.
Job location and travel
The role is based in Chicago, IL, or New York, NY, with a standard 40-hour workweek and first shift schedule, supporting an in-office culture with some flexibility.
Unique job features
This role uniquely combines credit risk review with portfolio management in the renewable energy and large corporate credit sectors, offering influence over senior leadership and involvement in regulatory compliance and issue management.
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
Tailor your resume to emphasize your extensive experience in commercial credit, asset-based lending, and credit risk assessment, aligning closely with the responsibilities of monitoring and reviewing large corporate credit portfolios at Bank of America.
Highlight your expertise in credit review processes, transactional testing, issue management, and regulatory compliance, showcasing your ability to influence senior leaders and provide fact-based analysis as described in the job.
Apply through multiple channels including Bank of America's official careers site and LinkedIn to maximize your application visibility for the Credit Review Senior Portfolio Manager role.
Connect with professionals in Bank of America's Enterprise Credit or Credit Review divisions on LinkedIn; use ice breakers like commenting on recent regulatory updates they've shared or asking about their insights on emerging credit risks in renewable energy portfolios.
Optimize your resume for ATS by incorporating keywords from the job description such as 'credit review,' 'asset-based lending,' 'portfolio analysis,' 'risk assessment,' and 'regulatory compliance' to ensure your resume passes automated screenings.
Leverage Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application portals, and discover relevant LinkedIn contacts for networking, allowing you to focus more on preparing for interviews and strategic career moves.
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