hero

Workforce Innovation Center Career Board

Leverage our network to build your career. Find companies that you will love to work for that have the benefits and perks you need.

Explore the careers Cincinnati USA Regional Chamber Members have to offer.
95
companies
8,453
Jobs

Credit Risk Officer

Bank of America

Bank of America

Operations
North Carolina, USA · Charlotte, NC, USA · New York, NY, USA · United States · Remote
Posted on May 4, 2025

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for analyzing credit and investigating existing and prospective clients and counterparts. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence or monitoring of credit risk policies, risk appetite, and reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting.

Responsible for all aspects of the credit management of Americas (AMRS)-based Regulated Funds and Asset Managers.

Responsibilities:

  • Manage a high-volume and fast-moving portfolio of AMRS-based regulated and alternative fund clients from on-boarding through to underwriting/credit approval and ongoing monitoring and oversight.

  • Conduct detailed analysis of clients demonstrating a good understanding of investment strategies, liquidity, leverage and the trading products & associated risks, that the funds trade.

  • Assign internal counterparty risk ratings and recommend risk limits and guardrails based on clients’ risk profile

  • Liaise with Legal to negotiate relevant documentation for trading activities.

  • Perform ongoing monitoring of clients regarding changes in credit quality, adherence to risk appetite/limits and policies.

  • Support monitoring of adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues

  • Coordinate and build strong working relationship with colleagues including Sales & Trading, 2nd Line Risk, Credit Risk review and Audit functions, and LOB management.

  • Conduct ad-hoc portfolio reviews and prepare management information as required.

  • Contribute to regulatory tasks and deliverables as required in respect of AMRS funds portfolio.

Candidate will have significant exposure to Global Markets personnel including Trading / Structuring / Sales, as well various support partners. Candidate must be comfortable working on transactions in a fast-paced capital markets/trading environment.

Skills:

  • Credit and Risk Assessment
  • Financial Accounting
  • Issue Management
  • Portfolio Analysis
  • Risk Analytics
  • Attention to Detail
  • Business Intelligence
  • Collaboration
  • Interpret Relevant Laws, Rules, and Regulations
  • Regulatory Compliance
  • Oral Communications
  • Presentation Skills
  • Prioritization
  • Project Management
  • Written Communications

Required Qualifications:

  • 10+ years of solid Commercial Banking experience

  • Experience in financial analysis, structuring, underwriting and portfolio management

  • Analytical/technical skills, including financial accounting, modeling and loan structuring

  • Strong communication skills; ability to communicate vertically, horizontally, and externally

  • Industry knowledge across multiple sectors

Minimum Education Requirement: BA/BS Degree Desired

Shift:

1st shift (United States of America)

Hours Per Week:

40