Senior Credit Risk Manager, Global Markets & ABS

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

Job summary

Bank of America seeks an experienced risk professional to oversee portfolio performance and asset quality across credit, market, and reputational risk domains. You will contribute to adherence to risk policies and support complex transactions with partners.

This role requires strong credit approval oversight, proficiency in stress testing, and collaboration with senior management to monitor indicators and ensure risk is within appetite.

Qualifications

• 5+ years experience with Global Markets structured lending.
• Familiarity with structured products, notably ABS Finance and Mortgage Finance.
• Ability to manage significant deal volume.
• Basic understanding of derivatives products and associated trading documentation.
• Advanced Excel, PowerPoint, and writing skills.

Responsibilities

• Sets or oversees the ongoing management of risk parameters and guardrails for credit risk while ensuring adherence to risk appetite/limits, and actively inspects and/or designs risk scenarios to implement decisions.
• Supports or oversees the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasks.
• Conducts analysis, inspects and/or develops credit risk reporting for specific products, and monitors and reports on key indicators for changes in credit quality to communicate to senior management.
• Sets or oversees adherence to policy and standards and ensures first line credit officers and managers are appropriately performing due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit risk.
• Monitors for adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues.
• Identifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issues.
• Translates and manages plans of action to achieve a goal across varying audiences.

Skills

Credit risk assessment

Risk analytics

Risk management

Strategic thinking

Decision making

Regulatory compliance

Portfolio analysis

Financial accounting

Inclusion leadership

Influence

Presentation skills

Interpreting laws and regulations

Critical thinking

Experience with global markets

Credit approval oversight

Education

Bachelor's Degree

Job description

Bank of America seeks an experienced risk professional to oversee portfolio performance and asset quality across credit, market, and reputational risk domains. You will contribute to adherence to risk policies and support complex transactions with partners.

This role requires strong credit approval oversight, proficiency in stress testing, and collaboration with senior management to monitor indicators and ensure risk is within appetite.