Credit Review Senior Portfolio Specialist
Company: Disability Solutions
Location: Charlotte
Posted on: October 10, 2024
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Job Description:
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:Through examinations and
monitoring, Credit Review provides an independent assessment of the
quality of credit decisioning, portfolio management, risk
recognition practices 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.This job is responsible
for working with Portfolio Manager(s) to establish and execute a
risk-based coverage plan to monitor specific portfolio(s) within
the large corporate credit portfolios within Enterprise Credit. Key
responsibilities include leading examinations as an
Examiner-in-Charge or Assistant Examiner-in-Charge, issues
management, and performing and reviewing transactional testing of
credit process execution controls 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. Job expectations includes
managing field work capacity for examinations to ensure accurate
and timely execution. Coaches, mentors, and reviews the work
product of new or junior team members. Establishes working
relationships with relevant Risk and regulatory partners to
facilitate ongoing dialogue of key issues and emerging risks.
Additionally, assist the Portfolio Manager(s) in preparing
quarterly Business Assessment Reports and Coverage Plans; maintains
awareness of current economic trends and its impact on credit
portfolios.We are looking for a Portfolio Specialist to join our
dynamic, high-energy Credit Review team supporting review of Global
Corporate & Investment Banking and Leveraged Lending
businesses.Responsibilities:
Keywords: Disability Solutions, Charlotte , Credit Review Senior Portfolio Specialist, Accounting, Auditing , Charlotte, North Carolina
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