Senior Credit Review Portfolio Examiner

Bank of America; Pennington (NJ); On-site; USD 125,000 - 183,000; Full time

Job summary

Bank of America is seeking a Portfolio Specialist within Credit Review to lead risk-based coverage plans and supervise examinations for portfolios including Counterparty Credit Risk and Structured Financing Transactions globally. You will execute transaction testing, lead examinations as EIC/AEIC, and manage issues with senior stakeholders.

The role emphasizes coaching junior staff, maintaining high-quality work papers, and staying current on regulatory expectations.

Qualifications

• Minimum of 8 - 10 years of commercial credit experience (direct lending, underwriting, workout, credit review, risk management, and/or regulatory)
• Solid understanding of counterparty credit risk concepts such as limits framework, exposure metrics, margin practices, risk sensitivities, stress testing, trading agreements (ISDA/CSA) etc.
• Ability to support conclusions through fact-based analysis and ability to influence senior leaders
• Excellent credit analysis, project management and leadership skill
• Experience in risk management, lending and/or regulatory agencies
• Strong organizational and communication skills, both written and verbal
• Ability to manage multiple complex tasks while delivering high quality results
• Data manipulation and analysis skills
• Experience with leading without authority
• Bachelor's Degree with a preference in finance, accounting, economics or other business concentration

Responsibilities

• Participates in exam activities and/or periodically serves as an Examiner-in-Charge , Assistant Examiner-in-Charge or Examiner
• Performs transactional testing of credit process execution for new and existing clients, providing direct and timely feedback on transactional reviews
• Provides assistance on portfolio reporting as needed and engages in stakeholder discussions alongside the Portfolio Manager
• Tracks and follows observations from exams and testing
• Provides regulator updates on results, and responds to inquiries
• Engages with Corporate Audit to ensure ongoing awareness of review activity, coordination, and ongoing risk assessment
• Manages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validation
• Drive a culture of continuous improvement by leading or participating in complex or multiple projects
• Produce quality, timely work
• Maintain well-written, easy to follow work papers in accordance with Credit Review guidelines and best practices

Skills

Audit Planning

Financial Analysis

Internal Audit Review

Risk Management

Underwriting

Business Acumen

Credit and Risk Assessment

Critical Thinking

Issue Management

Portfolio Analysis

Analytical Thinking

Regulatory Compliance

Relationship Building

Stakeholder Management

Education

Bachelor's Degree in finance, accounting, economics or related

Tools

Excel

AI tools

Job description

Bank of America is seeking a Portfolio Specialist within Credit Review to lead risk-based coverage plans and supervise examinations for portfolios including Counterparty Credit Risk and Structured Financing Transactions globally. You will execute transaction testing, lead examinations as EIC/AEIC, and manage issues with senior stakeholders.

The role emphasizes coaching junior staff, maintaining high-quality work papers, and staying current on regulatory expectations.