Senior Portfolio Manager – Small Business Loans
Bank of America
full-time
Posted on:
Location Type: Office
Location: Westlake Village • California • Florida • United States
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Salary
💰 $128,700 - $185,000 per year
Job Level
About the role
- Serves as a subject matter expert for portfolio(s) of loans and participates in examination activities
- Performs transactional testing of credit process execution of new and existing clients, providing direct and timely feedback on transactional reviews
- Provides regulator updates on results, and responds to inquiries
- Documents findings through quarterly reporting, including assessing and rating credit control effectiveness, direction of controls, and credit riskiness for portfolio(s)
- Assesses and advises on the impact of industry-level, geo-political, and economic trends to credit portfolios
- Manages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validation
Requirements
- Minimum 8 years of consumer credit experience (credit review, direct lending, risk management and/or regulatory)
- Experience in Small Business Card, Business Advantage Term Loans/Business Advantage Credit Line lending
- Ability to support conclusions through fact-based analysis and ability to influence senior leaders
- Excellent credit analysis, project management and leadership skills
- Strong organizational and communication skills, both written and verbal
- Ability to manage multiple complex tasks while delivering high quality results
- Bachelor’s Degree
Benefits
- 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.
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
credit reviewdirect lendingrisk managementregulatory compliancecredit analysisproject managementtransactional testingissue validationportfolio managementcredit control effectiveness
Soft Skills
leadershiporganizational skillscommunication skillsfact-based analysisinfluencing skillsability to manage multiple tasksattention to detailproblem-solvingreportingfeedback provision