Full-Time

Credit Review Senior Examiner

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking, investment, and asset management services

Fintech
Financial Services

Compensation Overview

$123.7k - $175.7kAnnually

+ Discretionary Incentive

Senior, Expert

Stamford, CT, USA + 6 more

More locations: Providence, RI, USA | Dallas, TX, USA | Charlotte, NC, USA | Hartford, CT, USA | New York, NY, USA | Wilmington, DE, USA

Category
Risk Management
Finance & Banking
Required Skills
Financial analysis
Requirements
  • Minimum 8 years of commercial credit experience (direct lending, workout, risk management and/or regulatory)
  • Ability to support conclusions through fact-based analysis and ability to influence senior leaders
  • Excellent credit analysis, project management and leadership skills
  • Strong organizational and communication skills, both written and verbal
  • Ability to manage multiple complex tasks while delivering high quality results
  • Financial Analysis
  • Internal Audit Review
  • Loan Structuring
  • Research Analysis
  • Underwriting
  • Business Acumen
  • Credit and Risk Assessment
  • Critical Thinking
  • Issue Management
  • Risk Management
  • Collaboration
  • Due Diligence
  • Regulatory Compliance
  • Relationship Building
  • Written Communications
  • Bachelor’s Degree with a preference in finance, accounting, economics or other business concentration
Responsibilities
  • Participates in credit review examinations and continuous testing activities across various commercial credit portfolios within Enterprise Credit.
  • Work with examination teams to assess the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit management processes.
  • Assist in the continuous testing of various portfolios by performing transaction reviews of new and existing clients to evaluate appropriateness of client selection, adherence to underwriting expectations, quality of ongoing monitoring and risk rating accuracy to proactively identify emerging risks and their impact on portfolio credit quality.
  • Review more complex transactions.
  • Lead special projects in addition to testing responsibilities.
  • Establish Monitoring Plans for assigned credit portfolio, assessing associated Level and Direction of Risk ratings and acting as Examiner-in-Charge/EIC.
  • Proactively implement credit review strategy for the sound application of risk based practices by defining scope, program, and review and exam procedures.
  • Exercise judgment and influence senior business managers and peers.
  • Drive completion of credit issues.
  • Help business partners balance their business strategy with appropriate risk management controls.
  • Contribute to the development, implementation and communication of Credit Review's missions, goals and strategies.
  • Interact with regulatory agencies, external consultants and other internal risk management groups.
  • Assess and advise on the impact of industry-level, geo-political and economic trends to credit portfolios.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. One of its key strengths is its position as a leading wealth management firm, as well as its prominence in corporate and investment banking and trading. Unlike many of its competitors, Bank of America combines a vast network of services with a strong focus on both personal and corporate financial needs. The goal of Bank of America is to help clients achieve their financial goals through comprehensive financial solutions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-17%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at Bank of America offers exposure to a diverse range of financial products and services, enhancing career development opportunities.
  • The bank's leadership in wealth management and investment banking provides employees with the chance to work on high-impact projects and deals.
  • Bank of America's global presence and strong market position offer stability and growth potential for employees.

What critics are saying

  • The highly competitive nature of the financial services industry requires Bank of America to continuously innovate to maintain its market position.
  • Regulatory changes and economic fluctuations can impact the bank's operations and profitability, posing challenges for employees.

What makes Bank of America unique

  • Bank of America stands out as a global leader in corporate and investment banking, offering a comprehensive suite of financial services that cater to a wide range of clients from individuals to large corporations.
  • The bank's extensive network and relationships with approximately 56 million U.S. consumer and small business clients provide a significant competitive edge in the financial services industry.
  • Bank of America's involvement in high-profile credit facilities, such as Uber's $5B revolving credit, showcases its capability to handle large-scale financial transactions.

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