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 and approving complex residential mortgage transactions, while ensuring adherence to regulatory requirements and risk governance frameworks. Capable of providing independent oversight and thought leadership in consumer real estate credit risk.

Highest-signal resume keywords
Credit Risk ManagementUnderwriting Complex TransactionsConsumer Real Estate Credit PolicyRegulatory ComplianceRisk Governance Frameworks

About the role

Key responsibilities & impact
  • Manage overall portfolio or product set performance and asset quality, with possible 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 within risk appetite and limits
  • Inspect and design risk scenarios to implement credit risk decisions
  • Support or oversee credit approval processes, including underwriting, structuring, and monitoring
  • Analyze and develop credit risk reporting and monitor key indicators of credit quality
  • Oversee adherence to policies, standards, risk governance, and due diligence requirements
  • Monitor potential operational, reputational, and market risk issues
  • Identify risks affecting the assigned portfolio and coordinate resolution with business counterparts
  • Translate and manage action plans across varying audiences
  • Provide independent credit risk oversight and thought leadership for Custom Mortgage and Consumer Real Estate Credit Risk
  • 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 analyses related to 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 challenge business proposals using data and sound risk judgment
  • Executive-level written and verbal communication skills
  • Strong collaboration skills and ability to work across multiple lines of business and partners
  • Ability to perform in a fast-paced, deadline-driven environment while managing competing priorities and emerging issues
  • Bachelor’s degree (preferred)
  • Previous experience in Global Risk Management (desired)

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

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills
Credit Risk AnalysisPortfolio Performance MonitoringRisk Scenario DesignCredit Approval ProcessesData AnalysisPolicy Change AssessmentEmerging Risk IdentificationComplex Income Structure AnalysisHigh-Value Transaction ReviewCredit Quality Reporting
Soft Skills
Executive-Level CommunicationCollaboration Across Business LinesProblem-SolvingAdaptability in Fast-Paced EnvironmentsStakeholder Management
Industry Keywords
Credit Risk PoliciesOperational RiskReputational RiskMarket RiskGlobal Risk ManagementDue Diligence RequirementsLoan Lifecycle ManagementConsumer Real EstateHigh-Net-Worth Client ExperienceComplex Client Credit Experience