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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Job Description:
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.

Responsibilities:

Sets or oversees 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 decisionsSupports or oversees the credit approval process and therefore is accountable for overall portfolio performance and asset quality, including underwriting, structuring and monitoring tasksConducts 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 managementSets or oversees adherence to policy and standards and ensures first line credit officers and managers are appropriately performing due diligence that the risk is within the bank's defined risk appetite, using knowledge of stress testing and its applicability to credit riskMonitors for adherence to industry risk governance, as well as monitoring for potential operational, reputational and market risk issuesIdentifies risks early that could impact the assigned portfolio and coordinates with business counterparts to resolve portfolio issuesTranslates and manages plans of action to achieve a goal across varying audiences

The Documentation Standards Team resides within Model Testing Standards and Oversight (MTSO). The team sets and oversees the standards and infrastructure with which Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) teams prepare documentation for models, testing programs, and risk management to ensure delivery of high-quality, impactful written deliverables that drive operational excellence and organizational success. This includes supporting the GRA Documentation Framework, applying Enterprise requirements and maintaining Lines of Business specific requirements for procedures owned by GRA and EIT, and overseeing procedure inventories. The Risk Management Sr Officer will be responsible for supporting lifecycle oversight activities for in-scope documentation, including setting and enhancing documentation standards, training GRA and EIT teams, communicating with stakeholders, and monitoring and testing adherence to documentation standards and requirements.

Contribute to setting and improving standards for high quality written work across GRA and EITProvide clear, constructive feedback on documentation qualityEducate GRA and EIT on the standards and contribute to related skills development programsLiaise with stakeholders within GRA, EIT, Global Compliance & Operational Risk, and Corporate Audit & Credit ReviewSupport oversight of adherence to GRA and EIT documentation standardsMaintain documentation inventories and associated governanceContribute to quality control and peer review processes that support documentation standards

Required Skills:

Strong understanding of technical and executive writing principles, including clarity, conciseness, accuracy, and audience awareness are essential5+ years experience in, or understanding of, the design and execution of Quality Control reviews Proficiency with content/documentation management systems and versioningAbility to work independently in a self-directed mannerStrong attention to detailAnalytical ThinkingCritical ThinkingRisk Assessment and measurement, analysis, and reporting of riskExperience in, or understanding of, Risk GovernanceProject managementStrong interpersonal skillsCollaborationOral communication skillsCoaching

Desired Skills:

Regulatory, Auditing, Business Controls Management, Enterprise Testing, or Quality Assurance experienceExperience in designing and delivering training to a wide range of audiencesDevelopment and maintenance of proceduresExperience in, or understanding of, process designMonitoring, Surveillance, and TestingIssue Management

Skills:

Credit and Risk AssessmentCritical ThinkingRisk AnalyticsRisk ManagementStrategic ThinkingDecision MakingInterpret Relevant Laws, Rules, and RegulationsIssue ManagementPortfolio AnalysisRegulatory ComplianceBusiness IntelligenceFinancial AccountingInclusive LeadershipInfluencePresentation Skills

Shift:

1st shift (United States of America)

Hours Per Week: 

40