Bank Of America ‎Massachusetts USA Jobs Careers 2022 – Apply Online for Credit Risk Manager Jobs Vacancy in USA

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Bank Of America ‎Massachusetts USA Jobs 2022 – Apply Online for Credit Risk Manager Job Vacancy in the USA

Bank Of America ‎Massachusetts USA Jobs Opening:- Don’t miss this incredible offer announced for Bank Of America ‎Massachusetts USA Careers. Bank Of America ‎Massachusetts USA’s latest job applications are being announced for Credit Risk Manager job vacancies. Candidates who look smart, young, dynamic, and experienced professionals against the Bank Of America ‎Massachusetts USA Credit Risk Manager positions. Jobs in Bank Of America ‎Massachusetts USA. Applicants should apply for this position before the last date.

Bank Of America ‎Massachusetts USA Job Vacancy 2022 Details

Name of Recruitment Bank Of America ‎Massachusetts USA Recruitment 2022
Job Location Job in Massachusetts
Name of Job Opening Credit Risk Manager Jobs  
Job Type Jobs in Massachusetts
Salary Range $ 56,372.00 Per Year

Bank Of America ‎Massachusetts USA Jobs Description 2022

Disclaimer:- Candidates should check official website before applying for any post. We are not a recruiter/employer. We are not responsible for any error or mistake.

Job Description

The Credit Risk Manager position requires extensive knowledge and experience with the Community Development Banking portfolio and product set to provide credit policy and portfolio management guidance to business partners. Responsible for North Region CDB portfolio and the production offices. Mandatory components of the position are applying Credit Risk Policy, overseeing portfolio reviews, forecasting regional asset quality performance, studying industry practices, and working with Credit Officer and Underwriter teammates from deal screening through credit approval, legal documentation and closing. Position will have joint credit approval authority, approving and providing expertise on complex transactions having both debt and equity investment exposures. Staff at this level works directly with the business managers, product and marketing managers, Legal, regulatory and executive Risk Management. Provides guidance and mentoring to junior associates. Will have input for policy content when updating and reviewing policies applicable to Community Development Banking debt and equity products. Position requires a bias for action and a commitment to achieving sustainable results.

Required:

  • 10+ years of related experience within a financial institution
  • At least 2-3 years of Technical knowledge and skills pertinent to federal and state tax credit equity investments (especially Low Income Housing Tax Credits and Historic Tax Credits), or prior transactional experience in a commercial credit risk management role
  • Must have superior communication and credit skills
  • Knowledge of the primary functions of Community Development Banking teams at Bank of America
  • Credit analysis and underwriting experience, including financial accounting principles, loan structuring, experience with traded products
  • Requires close working relationships with various business partners.
  • May have limited direct client contact.

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