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Job Information

Bank of America Senior Vice President; Local Markets Credit in Dallas, Texas

Senior Vice President; Local Markets Credit

Chicago, Illinois;Dallas, Texas; Charlotte, North Carolina; Boston, Massachusetts

Job Description:

We are seeking a Business Support Executive for the Local Markets & High Net Worth Credit Risk group. The selected candidate:

  • Oversees a team of Credit Risk Analysis Managers and Business Support Managers for the Enterprise Credit Risk team supporting GCB, BB, Merrill and Private Bank of America

  • Oversees a team of Credit Risk Managers who support the Business Banking Centralized Delivery Centers

  • Partners with FLU Leaders and Credit Risk Executives (“CREs”) to monitor, manage and report on asset quality and general portfolio trends

  • Reviews and challenges Business Strategic Plans and Loan Forecasting. Challenges LOB strategic initiatives to ensure proper evaluation and mitigation of increased Credit Risk

  • Escalates emerging risks and portfolio issues to attention of FLU partners and CREs

  • Partners with Regulatory Relations and FLU teams to prepare and review reporting for regulatory purposes and remediate regulatory findings

  • Engages in Credit Risk Policy development and revisions

  • Be responsible for CRE portfolio assignments and delegated authorities

  • Serves as back up Level 6 approver for GCB and BB. Serves as escalation point for Business Banking Credit Risk Managers

  • Foster a strong Risk Culture and supports responsible growth by maintaining a full understanding of issues and trends impacting our clients and business partners.

Required Skills and Experience

  • Candidates must have prior experience as credit and/or risk professionals

  • 15+ years’ experience in commercial or wealth management lending including the underwriting and/or approval of credit exposures

  • Strong written and oral communication skills

  • Knowledge of risk policies and procedures

  • Substantial leadership skills necessary to implement change and resolve issues/conflicts in a balanced and professional manner

Job Band:

H3

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

We are seeking a Business Support Executive for the Local Markets & High Net Worth Credit Risk group. The selected candidate:

  • Oversees a team of Credit Risk Analysis Managers and Business Support Managers for the Enterprise Credit Risk team supporting GCB, BB, Merrill and Private Bank of America

  • Oversees a team of Credit Risk Managers who support the Business Banking Centralized Delivery Centers

  • Partners with FLU Leaders and Credit Risk Executives (“CREs”) to monitor, manage and report on asset quality and general portfolio trends

  • Reviews and challenges Business Strategic Plans and Loan Forecasting. Challenges LOB strategic initiatives to ensure proper evaluation and mitigation of increased Credit Risk

  • Escalates emerging risks and portfolio issues to attention of FLU partners and CREs

  • Partners with Regulatory Relations and FLU teams to prepare and review reporting for regulatory purposes and remediate regulatory findings

  • Engages in Credit Risk Policy development and revisions

  • Be responsible for CRE portfolio assignments and delegated authorities

  • Serves as back up Level 6 approver for GCB and BB. Serves as escalation point for Business Banking Credit Risk Managers

  • Foster a strong Risk Culture and supports responsible growth by maintaining a full understanding of issues and trends impacting our clients and business partners.

Required Skills and Experience

  • Candidates must have prior experience as credit and/or risk professionals

  • 15+ years’ experience in commercial or wealth management lending including the underwriting and/or approval of credit exposures

  • Strong written and oral communication skills

  • Knowledge of risk policies and procedures

  • Substantial leadership skills necessary to implement change and resolve issues/conflicts in a balanced and professional manner

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-22045510

Band: H3

Manages People: Yes

Travel: No

Manager:

Talent Acquisition Contact:

Pamela Salvato

Referral Bonus:

0

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .

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