Senior Credit & Portfolio Manager II

Bank of America Corporation

Chicago (IL)

On-site

USD 125,000 - 180,000

Full time

5 days ago
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Job summary

Bank of America Corporation is seeking a senior Credit Team Manager to oversee a group of Credit Support Associates and Analysts responsible for underwriting, monitoring, and lifecycle management across traded product portfolios. You will partner with Credit Officers, Operations and other stakeholders to ensure accurate trades, policy compliance, and timely execution.

The role emphasizes leadership, process discipline, data-driven decisions, and cost management while maintaining an inclusive,

Qualifications

  • 5+ years of experience in institutional banking, Global Markets, credit, risk, operations or a closely related discipline.
  • Experience leading, mentoring or formally managing colleagues in a performance-focused team environment.
  • Knowledge of traded product documentation such as ISDA, MSFTA, Repo Agreements, MRA and credit agreements.
  • Strong Excel, Word and PowerPoint skills; familiarity with credit/risk systems and BI or automation tools is advantageous.
  • Ability to review outputs for accuracy, completeness and policy alignment.

Responsibilities

  • Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
  • Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
  • Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
  • Ensures proper risk discipline, controls and culture are in place to identify, elevate and debate issues.
  • Provides inspection, coaching and feedback to motivate, differentiate and improve performance, while assessing talent and building bench strength for roles across the organization.
  • Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Delivers results by effectively prioritizing, inspecting and appropriately delegating team work.
  • Manage, coach and develop a team of Credit Support Associates, setting clear priorities and expectations.
  • Oversee day-to-day underwriting support, monitoring and portfolio management activity for traded product portfolios.
  • Act as the senior escalation point for complex credit support, control, data quality and execution issues.
  • Partner with Credit Officers, Operations and other stakeholders to support accurate trade booking, lifecycle management, pre-closing and post-closing activity.

Skills

Attention to Detail
Loan Structuring
Portfolio Management
Risk Management
Underwriting
Coaching
Collateral Management
Credit Documentation Requirements
Relationship Building
Written Communications
Active Listening
Client Management
Critical Thinking
Oral Communications
Performance Management

Education

High School Diploma / GED / Secondary School or equivalent
Bachelor’s degree or equivalent professional experience

Tools

Excel
Word
PowerPoint
Credit/Risk systems
BI / Automation tools

Job description

Bank of America Corporation is seeking a senior Credit Team Manager to oversee a group of Credit Support Associates and Analysts responsible for underwriting, monitoring, and lifecycle management across traded product portfolios. You will partner with Credit Officers, Operations and other stakeholders to ensure accurate trades, policy compliance, and timely execution.

The role emphasizes leadership, process discipline, data-driven decisions, and cost management while maintaining an inclusive,

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