Credit Risk Officer-Corp/Comm Charlotte, North Carolina;New York, New York; North Bethesda, Maryland **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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! **Job Description:** This job is responsible for analyzing credit and investigating existing and prospective clients and counterparts. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence or monitoring of credit risk policies, risk appetite, and reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Represent Enterprise Credit ("EC") in the leveraged finance acquisition underwriting process for large commitments ranging in size from $100mm into the billions that is subject to considerable fee revenue or credit losses. Position will be an industry generalist and the candidate will be asked to underwrite different deal structures inclusive of Institutional/Commercial Bank Loan and High Yield Bond take-outs **Responsibilities:** + Sets or supports the oversight of the ongoing management of risk parameters and guardrails for credit risk while ensuring adherence to risk appetite/limits, and actively inspects and/or designs risk scenarios to implement decisions + Supports the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasks + Conducts analysis, inspects and/or develops credit risk reporting for specific products, and monitors and reports on key indicators for changes in credit quality to communicate to senior management + Ensures adherence to policy and standards and performs due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit risk + Supports monitoring of adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issues + Identifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issues + Dynamic leader in credit analysis of unique situations requiring differing approach depending on situation + Review underwriting materials, such as: financial statements, presentations, projections, Quality of Earnings, Credit Ratings and other third-party reports + Acquire understanding of new businesses and industries in a short period of time + Determine key credit risks and weigh them against relevant mitigants + Conduct due diligence with clients + Team leader that manages the development of financial modeling + Review legal underwriting documents + Presentation of analysis of risks and associated mitigants to senior leaders in EC, Credit Risk, Global Markets and Global Capital Markets + Contribute to acquisition underwriting approval memos + Track successful de-risking of the commitments + Other projects as assigned, work with juniors on the following: reports synthesizing risk exposure statistics, market data over time, and reports on recently announced transactions **Required Qualifications:** + 5 + yrs of Corporate Credit and/or Investment Banking/Capital Markets Experience + Advanced financial analysis of public, private and non-traditional financial statements, presentations and projections + Business acumen to identify key credit risks and variables to sensitize and diligence with the client + Expert financial forecasting and modeling + Expert analytical thinking and attention to detail to challenge client forecasting assumptions and identify credit concerns + Expert decision making for underwriting and stress case modeling + Written communication to succinctly explain and document the various assumptions made in the model by the client and EC + Loan structuring & market acumen to analyze transaction structure/ terms, comparing to market precedents to identify and mitigate risks + Expert critical thinking to synthesize the analysis and diligence into an underwriting recommendation **Desired Qualifications:** + Bachelor's degree in related field or equivalent work experience **Skills:** + Credit and Risk Assessment + Financial Accounting + Issue Management + Portfolio Analysis + Risk Analytics + Attention to Detail + Business Intelligence + Collaboration + Interpret Relevant Laws, Rules, and Regulations + Regulatory Compliance + Oral Communications + Presentation Skills + Prioritization + Project Management + Written Communications + Financial Analysis + Loan Structuring + Underwriting + Business Acumen + Financial Forecasting and Modeling + Research Analysis + Stakeholder Management **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 **Pay Transparency details** US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $120,000.00 - $178,000.00 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. 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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) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.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 . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. 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