Credit Review Senior Examiner

Back to search results Credit Review Senior Examiner Charlotte, North Carolina; Newark, Delaware; East Hartford, Connecticut; Plano, Texas; Pennington, New Jersey; Boston, Massachusetts; Providence, Rhode Island Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Job Description:Position Summary:Through examinations and monitoring, Credit Review provides an independent assessment of credit decisions 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.Participates in credit review examinations and continuous testing activities across various commercial credit portfolios within Enterprise Credit. The Sr. Examiner will work with examination teams to assess the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit management processes. This individual will also assist in the continuous testing of various portfolios by performing transaction reviews 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.The Sr. Examiner is generally tasked with the review of more complex transactions. Lastly, may be asked to lead special projects in addition to testing responsibilities in order to support team goals related to exam activities, issues management, reporting etc. This specific role will support ongoing testing and assessments of structured transactions and counterparty credit risk within Global Markets, Financial Institutions and Global Wealth and Investment Management portfolios. Provides expertise, advice and counsel based on advanced business and/or credit review experience to a complex business and/or across several business groups. Provides leadership for projects and team activities. Functional responsibilities include establishing Monitoring Plans for assigned credit portfolio, assessing associated Level and Direction of Risk ratings and acting as Examiner-in-Charge/EIC. Proactively implements credit review strategy for the sound application of risk based practices by defining scope, program, and review and exam procedures. Exercises judgment and influences senior business managers and peers. Drives completion of credit issues. Helps business partners balance their business strategy with appropriate risk management controls. Contributes to the development, implementation and communication of Credit Review's missions, goals and strategies. Interacts with regulatory agencies, external consultants and other internal risk management groups. Assesses and advises on the impact of industry-level, geo-political and economic trends to credit portfolios.Responsibilities:Performs transactional testing of credit process execution of new and existing clientsSupports conclusions through fact-based analysis, proposing suggestions and influencing senior leadersParticipates in examination activities, occasionally leading examsIdentifies, assesses and reports on existing and emerging risksDrive a culture of continuous improvement by leading or participating in complex or multiple projectsAchieve continuous testing goals by producing quality, timely workMaintain well-written, easy to follow work papers in accordance with Credit Review guidelines and best practicesRaise potential areas of concern for QA team to reviewActively engage with Corporate Audit to ensure ongoing awareness of review activity, coordination, and ongoing risk assessmentSupport enterprise initiatives related to operational excellence and adoption of AI tools to continuously improve our work processesRequired Qualifications:10+ years of direct commercial credit experienceBachelor's Degree with a preference in finance, accounting, economics or other business concentrationSolid, 5+ years experience commercial credit experience (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 results.Expert Financial Analysis SkillsDeep knowledge of Loan Structuring and underwritingExperienced in Credit and Risk AssessmentIssue Management and ResolutionA strong knowledge of Regulatory ComplianceExcellent skills in building and maintaining business relationships.Desired Qualifications:Demonstrated experience in identifying, assessing and reporting on existing and emerging risksExperience with direct applicability to Credit Review responsibilityAbility to coach/mentor new or less experienced associatesStrong Counterparty Credit Risk background and/or Global Markets experience preferredSkills:Financial AnalysisInternal Audit ReviewLoan StructuringResearch AnalysisUnderwritingBusiness AcumenCredit and Risk AssessmentCritical ThinkingIssue ManagementRisk ManagementCollaborationDue DiligenceRegulatory ComplianceRelationship BuildingWritten CommunicationsShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26031383 Manages People: No Travel: No Age requirement: Must at least be 18 years of age. Connecticut pay and benefits information Connecticut pay range: $130,000.00 - $160,600.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This 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. Benefits 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 Massachusetts pay and benefits information Massachusetts pay range: $130,000.00 - $160,600.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This 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. Benefits 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 Jersey pay and benefits information New Jersey pay range: $130,000.00 - $160,600.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This 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. Benefits 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 information Rhode Island pay range: $130,000.00 - $160,600.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This 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. Benefits 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 Share: Save job Job saved