Senior Credit Risk Manager – Distressed Asset Oversight

Bank of America; Charlotte (NC); Presencial; USD 104.000 - 183.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Benefits

Annual discretionary bonus

Descripción de la vacante

Bank of America, based in Charlotte, NC, is seeking a Risk Management professional to oversee credit risk for a portfolio of complex exposures and provide independent risk oversight for criticized assets. You will evaluate credit requests, monitor reserves, and communicate with senior management on risk changes.

The role requires strong underwriting expertise, deep regulatory knowledge, and the ability to lead across teams while ensuring policy adherence and timely decisions.

Formación

• Experience evaluating complex commercial credit requests.
• Strong understanding of risk policy, risk-rating principles, collateral, cash flow, and repayment analysis.
• Solid underwriting background and understanding of bank credit agreements.
• Familiarity with regulatory agencies.
• Ability to manage a high-volume portfolio and make timely decisions using available information.
• Strong executive-level written, verbal, and interpersonal communication skills.

Responsabilidades

• Provide independent risk oversight, challenge, and credit decisioning for a portfolio of complex criticized and distressed exposures.
• Evaluate credit requests and make timely decisions consistent with delegated authority, credit risk policy, the Risk Framework, and Risk Appetite, that can be high-volume at times.
• Assess risk ratings, accrual status, reserves, charge-offs, collateral support, repayment capacity, and recovery expectations.
• Partner with SAG Executives and workout teams in evaluating EMS, restructuring, repayment, and exit strategies while maintaining independent risk judgment.
• Evaluate the Asset Quality implications of credit decisions and communicate material changes to senior management and key stakeholders including CRISA, LOB Risk and Finance.
• Interact with and work cooperatively with Commercial Accounting Policy on accounting and regulatory interpretations on the Bank's criticized portfolio.
• Heavily involved in AQ forecasting, portfolio reviews, and quarter end governance, data validation, and senior management reporting.
• Provide training on regulatory and policy changes on an as needed basis.
• Work with SAG Executives and workout officers to prepare for and participate in Shared National Credit Reviews, Audit, and Credit Review examinations.
• Review and enhance guidance documents, operating practices, and Problem Loan policy provisions applicable to the management of criticized and distressed debt.

Conocimientos

Credit risk assessment

Risk policy & governance

Underwriting experience

Regulatory knowledge

Communication skills

Leadership

Portfolio management

Descripción del empleo

Bank of America, based in Charlotte, NC, is seeking a Risk Management professional to oversee credit risk for a portfolio of complex exposures and provide independent risk oversight for criticized assets. You will evaluate credit requests, monitor reserves, and communicate with senior management on risk changes.

The role requires strong underwriting expertise, deep regulatory knowledge, and the ability to lead across teams while ensuring policy adherence and timely decisions.