Bank of America

Credit Risk Manager

Bank of America
Posted 10/21/2026full-timeUnited StatesSeniorLeadWebsite
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Core Competencies

Role fit
Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates extensive expertise in credit risk management, including underwriting complex transactions and adherence to consumer real estate credit policies. Proven ability to analyze credit risk, communicate effectively with senior stakeholders, and collaborate across multiple business lines.

Highest-signal resume keywords
Credit Risk ManagementUnderwriting Complex TransactionsConsumer Real Estate Credit PolicyRegulatory RequirementsExecutive-Level Communication

About the role

Key responsibilities & impact
  • Manage overall portfolio or product-set performance and asset quality, potentially including credit approval authority
  • Focus on credit, market, and reputational risk and adherence to credit risk policies and reporting requirements
  • Set or oversee risk parameters and guardrails for credit risk while ensuring adherence to risk appetite and limits
  • Inspect and/or design risk scenarios to implement credit risk decisions
  • Support or oversee credit approval processes, including underwriting, structuring, and monitoring
  • Analyze, inspect, and/or develop credit risk reporting and monitor key indicators of credit quality
  • Communicate portfolio performance and credit-quality changes to senior management
  • Oversee adherence to credit policies and standards and due diligence by first-line credit officers and managers
  • Monitor industry risk governance and potential operational, reputational, and market risk issues
  • Identify emerging risks and coordinate with business counterparts to resolve portfolio issues
  • Translate and manage action plans across varying audiences
  • Provide independent credit risk oversight and thought leadership for the Custom Mortgage and Consumer Real Estate Credit Risk team
  • Research and analyze proposed business credit changes to develop a credit risk point of view
  • Underwrite and review highly complex, high-value transactions, including policy exceptions
  • Review and approve consumer real estate credit policy changes
  • Oversee originations, policy execution, portfolio performance monitoring, and emerging-risk identification
  • Conduct ad hoc analysis concerning policy expansion requests, emerging credit issues, and regulatory requirements
  • Collaborate with business, legal, compliance, and regulatory partners

Requirements

What you’ll need
  • 10+ years of complex client credit experience, preferably within commercial or ultra-high-net-worth
  • Demonstrated experience underwriting and approving highly complex residential mortgage and home equity transactions
  • Strong expertise in analyzing complex income structures, assets, and collateral
  • Extensive knowledge of consumer real estate credit policy, regulatory requirements, and risk governance frameworks
  • Proven track record of identifying, escalating, and mitigating credit risk across the loan lifecycle
  • Ability to independently assess policy changes and effectively challenge business proposals using data and sound risk judgment
  • Executive-level written and verbal communication skills, with the ability to influence senior stakeholders
  • Strong collaboration skills with demonstrated ability to work across multiple lines of business and partners
  • Ability to perform in a fast-paced, deadline-driven environment, managing competing priorities and responding to emerging issues
  • Bachelor’s degree (preferred)
  • Knowledge of stress testing and its applicability to credit risk
  • Knowledge of industry risk governance
  • Knowledge of relevant laws, rules, and regulations

Benefits

Comp & perks
  • Diverse and inclusive workplace
  • Opportunities to learn, grow, and make an impact
  • Physical, emotional, and financial wellness support
  • Recognition and rewards for performance
  • Community impact opportunities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills
Credit Risk AnalysisPortfolio Performance MonitoringRisk Governance FrameworksComplex Income Structure AnalysisPolicy Change Assessment
Soft Skills
Collaboration SkillsInfluencing Senior StakeholdersManaging Competing PrioritiesIndependent Risk Judgment
Industry Keywords
Commercial Credit ExperienceUltra-High-Net-Worth ClientsStress TestingEmerging Risk IdentificationCredit Approval Processes