Credit Risk Manager
- Compensation
- Not disclosed
- Location
- New York
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Not specified
- Experience
- 10+ years
- Category
- Finance
- Posted
Skills
Must have
- Bachelor's degree in Real Estate, Finance, Accounting, Economics, Business Administration, or a related discipline; equivalent education and relevant professional experience will also be considered.
- Minimum of 10 years of progressive experience in commercial real estate lending, underwriting, credit risk management, or structured finance, with significant exposure to complex institutional real es
- Experience with CMBS, SASB, and structured finance transactions is strongly preferred.
- Demonstrated expertise in commercial real estate credit underwriting, including analysis of sponsor strength, property cash flows, capital structures, market dynamics, valuation methodologies, and rep
- Strong financial modeling and analytical skills, including cash flow forecasting, debt sizing, stress testing, valuation analysis, sensitivity analysis, and performance monitoring across a range of pr
- Extensive knowledge of credit risk management principles, regulatory expectations, risk appetite frameworks, credit policies, portfolio management practices, risk rating methodologies, and loss foreca
- Proven ability to independently evaluate and approve complex credit transactions, identify emerging risks, challenge assumptions, and develop effective risk mitigation strategies.
- Exceptional organizational and prioritization skills with the ability to manage a high-volume transaction pipeline, balance competing priorities, and consistently meet deadlines in a fast-paced enviro
- Demonstrated ability to lead multiple concurrent initiatives from inception through execution while maintaining a high level of accuracy, attention to detail, and sound risk judgment.
- Strong project management, problem-solving, and execution capabilities, with a track record of driving complex initiatives to successful completion.
- Excellent relationship management and influencing skills, with the ability to build credibility, foster collaboration, navigate differing viewpoints, and achieve consensus across business and risk par
- Proven ability to communicate complex financial and risk concepts clearly and effectively to senior management, risk committees, and other key stakeholders through both written and verbal presentation
- High degree of professional maturity, accountability, and independent judgment, coupled with a strong understanding of the responsibilities and expectations associated with a senior credit risk manage
- Advanced proficiency in Microsoft Excel, Word, and PowerPoint, along with experience using Adobe Acrobat and other analytical and reporting tools.
Full 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Position Summary:
This job is responsible for overall portfolio or product set performance and asset quality and may include credit approval authority. Key responsibilities include focusing on but not limited to credit, market, and reputational risk; as well as adherence to credit risk policies and external/internal reporting, including but not limited to Top of House (TOH) and Line of Business (LOB) specific reports or regulatory related reporting. Job expectations include having detailed knowledge of regulatory issues and providing expertise on highly complex transactions to business/support partners.
The Credit Risk Manager is responsible for providing independent credit risk oversight for Bank of America's Real Estate Structured Finance (RESF) business across the United States and EMEA. This role serves as the primary Credit Risk partner on the most complex, high-profile, and sensitive transactions, working closely with Relationship Managers, Credit Product Specialists, and other key stakeholders throughout the transaction lifecycle.
The successful candidate will be responsible for evaluating and approving credit opportunities, providing guidance on transaction structuring, identifying and mitigating risks, and ensuring compliance with internal policies and regulatory expectations. In addition, the role includes ongoing portfolio oversight, market analysis, and active participation in strategic initiatives that support the continued development of the RESF platform.