Credit Risk Manager

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us Job Description: This job is responsible for overall portfolio or product set performance and asset quality and may include credit approval authority. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence to credit risk policies and external/internal reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Job expectations include having detailed knowledge of regulatory issues and providing expertise on highly complex transactions to business/support partners. 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 and Risk Assessment Critical Thinking Strategic Thinking Decision Making Interpret Relevant Laws, Rules, and Regulations Issue Management Regulatory Compliance Influence Presentation Skills Job Description and Role Responsibilities: The Credit Risk Manager will have primary responsibility for credit approval and overall portfolio performance for a large and varied Commercial Real Estate Portfolio. Role requires a focus on credit, market, operational and reputational risk. Must have superior communication, credit skills, administrative experience and attention to detail. Credit analysis and underwriting experience, including financial accounting principles, loan structuring, experience with traded products, and commercial real estate lending experience is required. Interacts with various levels of ECR, Wholesale Credit and Client Management. Requires close working relationships with various business partners. Requires 15+ years of related experience. Required Skills: • 15+ years of related experience. • Must have superior communication and credit skills, line management and administrative experience. • Credit analysis and underwriting experience, including financial accounting principles, loan structuring, experience with traded products, commercial lending experience and knowledge of loan and traded products documentation is required. • Workout experience is ideal. • Requires close working relationships with various business partners. • May have limited direct client contact. Shift: 1st shift (United States of America)

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us Job Description: This job is responsible for overall portfolio or product set performance and asset quality and may include credit approval authority. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence to credit risk policies and external/internal reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Job expectations include having detailed knowledge of regulatory issues and providing expertise on highly complex transactions to business/support partners. 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 and Risk Assessment Critical Thinking Risk Analytics Risk Management Strategic Thinking Decision Making Interpret Relevant Laws, Rules, and Regulations Issue Management Portfolio Analysis Regulatory Compliance Business Intelligence Financial Accounting Inclusive Leadership Influence Presentation Skills Job Description and Role Responsibilities: The Credit Risk Manager will have primary responsibility for credit approval and overall portfolio performance for a large and varied Commercial Real Estate Portfolio. Role requires a focus on credit, market, operational and reputational risk. Must have superior communication, credit skills, administrative experience and attention to detail. Credit analysis and underwriting experience, including financial accounting principles, loan structuring, experience with traded products, and commercial real estate lending experience is required. Interacts with various levels of ECR, Wholesale Credit and Client Management. Requires close working relationships with various business partners. Requires 15+ years of related experience. Required Skills: • 15+ years of related experience. • Must have superior communication and credit skills, line management and administrative experience. • Credit analysis and underwriting experience, including financial accounting principles, loan structuring, experience with traded products, commercial lending experience and knowledge of loan and traded products documentation is required. • Workout experience is ideal. • Requires close working relationships with various business partners. • May have limited direct client contact. Shift: 1st shift (United States of America)

Hours Per Week: 40 About Us

Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.

Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document.

Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. •

Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.

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