Senior Credit Risk Manager — Distressed & Complex Exposures

Bank of America; Glendale (CA); On-site; USD 120,000 - 160,000; Full time

Job summary

Bank of America in the United States is seeking an experienced Credit Risk Officer to oversee a portfolio of complex, distressed exposures. The role requires independent risk oversight, timely credit decisions, and deep knowledge of risk frameworks and regulatory expectations.

You will partner with SAG Executives and workout teams, evaluate EMS strategies, and provide strategic guidance across lines of business while maintaining strong judgment and communication with senior management.

Qualifications

• Demonstrated ability to evaluate and decide on complex commercial credit situations.
• Strong understanding of commercial credit risk policy, risk-rating principles, collateral, cash flow, and repayment analysis.
• Solid underwriting experience and understanding of bank's credit agreements.
• Familiarity with regulatory agencies.
• Ability to manage a high-volume portfolio, prioritize competing matters, and make timely decisions using the best available information.
• Strong executive-level written, verbal, and interpersonal communication skills.

Responsibilities

• 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 (Exposure Management Strategy), 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.

Skills

Credit risk assessment

Critical thinking

Risk analytics

Risk management

Strategic thinking

Decision making

Regulatory interpretation

Issue management

Portfolio analysis

Regulatory compliance

Business intelligence

Financial accounting

Inclusive leadership

Influence

Presentation skills

Job description

Bank of America in the United States is seeking an experienced Credit Risk Officer to oversee a portfolio of complex, distressed exposures. The role requires independent risk oversight, timely credit decisions, and deep knowledge of risk frameworks and regulatory expectations.

You will partner with SAG Executives and workout teams, evaluate EMS strategies, and provide strategic guidance across lines of business while maintaining strong judgment and communication with senior management.