Credit Review Senior Examiner

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! Position Summary Through examinations and monitoring, Credit Review provides an independent assessment of credit decisions and the effectiveness of credit processes across the bank's credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or committee thereof, external auditors and regulatory agencies. Participates in credit review examinations and continuous testing activities across various commercial credit portfolios within Enterprise Credit. The Sr. Examiner will work with examination teams to assess the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit management processes. This individual will also 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. The Sr. Examiner is generally tasked with the review of more complex transactions. Lastly, may be asked to lead special projects in addition to testing responsibilities in order to support team goals related to exam activities, issues management, reporting etc. This specific role will support ongoing testing and assessments of structured transactions and counterparty credit risk within Global Markets, Financial Institutions and Global Wealth and Investment Management portfolios. Provides expertise, advice and counsel based on advanced business and/or credit review experience to a complex business and/or across several business groups. Provides leadership for projects and team activities. Functional responsibilities include establishing Monitoring Plans for assigned credit portfolio, assessing associated Level and Direction of Risk ratings and acting as Examiner‑in‑Charge/EIC. Proactively implements credit review strategy for the sound application of risk based practices by defining scope, program, and review and exam procedures. Exercises judgment and influences senior business managers and peers. Drives completion of credit issues. Helps business partners balance their business strategy with appropriate risk management controls. Contributes to the development, implementation and communication of Credit Review's missions, goals and strategies. Interacts with regulatory agencies, external consultants and other internal risk management groups. Assesses and advises on the impact of industry‑level, geo‑political and economic trends to credit portfolios. Responsibilities Performs transactional testing of credit process execution of new and existing clients Supports conclusions through fact‑based analysis, proposing suggestions and influencing senior leaders Participates in examination activities, occasionally leading exams Identifies, assesses and reports on existing and emerging risks Drive a culture of continuous improvement by leading or participating in complex or multiple projects Achieve continuous testing goals by producing quality, timely work Maintain well‑written, easy to follow work papers in accordance with Credit Review guidelines and best practices Raise potential areas of concern for QA team to review Actively engage with Corporate Audit to ensure ongoing awareness of review activity, coordination, and ongoing risk assessment Support enterprise initiatives related to operational excellence and adoption of AI tools to continuously improve our work processes Required Qualifications Bachelor's Degree with a preference in finance, accounting, economics or other business concentration Solid, time served 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. Expert Financial Analysis Skills Deep knowledge of Loan Structuring and underwriting Experienced in Credit and Risk Assessment Issue Management and Resolution A strong knowledge of Regulatory Compliance Excellent skills in building and maintaining business relationships. Desired Qualifications 10+ years of direct commercial credit experience Demonstrated experience in identifying, assessing and reporting on existing and emerging risks Experience with direct applicability to Credit Review responsibility Ability to coach/mentor new or less experienced associates Strong Counterparty Credit Risk background and/or Global Markets experience preferred Skills 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 Shift 1st shift (United States of America) Hours Per Week 40 Pay Transparency details US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540) Pay range: $130,000.00 - $160,600.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. #J-18808-Ljbffr Bank of America