Job Description: Job Title: Credit Review Senior Portfolio Specialist Corporate Title: VP/SVP Location: London Company Overview: 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 Location Overview: Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre. Role Description: Credit Review provides an independent assessment of credit decisions 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. The Portfolio Specialist works together with the Credit Review Portfolio Manager to establish and execute a risk-based coverage plan for a specific portfolio or set of portfolios for assessing the quality of credit decisioning and the effectiveness of credit processes and policies. Key responsibilities include executing transaction reviews, leading examinations as an Examiner-in-Charge (EIC) or Assistant Examiner-in-Charge (AEIC), secondary reviews of transaction testing completed by other examiners and issues management. Manages field work capacity for exams to ensure accurate and timely execution of Credit Responsibilities: Either individually or working with Portfolio Manager, establish and execute a risk-based coverage plan for specific portfolio. Coverage Plan to include, at a minimum, examinations, transaction reviews, risk assessments and issue management Serve as subject matter expert for and/or lead risk-based and regulatory examinations Perform transactional testing of credit process execution of new and existing clients, and provide direct and timely feedback on transactional reviews completed by others Effectively assimilate information from various sources to identify emerging risks Provide input into staffing and resource allocations Build and implement tactical on-boarding plans for new examiners Provide periodic updates to business heads and executive management, including communication of examination and monitoring results, new issues and emerging risks Issue management, including approval of issue severity ratings, action plans, ongoing issue status tracking and oversight of issue validation What we are looking for: Extensive commercial credit related experience, including deep understanding of large or complex portfolios. Capital Markets experience with knowledge of Counterparty Credit Risk (traded products) strongly preferred. Experience in risk management, lending and/or regulatory agencies Excellent credit analysis and project management skills, excellent verbal and written communication, strong interpersonal and leadership skills Data manipulation and analysis skills Effective process assessment skills - the ability to identify control gaps and their implications to the broader population Ability to support conclusions through fact-based analysis and ability to influence senior leaders Ability to manage multiple complex tasks while delivering high quality results Experience navigating a matrix organization Independent and takes initiative Resourcefulness in identifying, assessing, and reporting on emerging risks Experience with a Credit Review examination process Proficiency in Excel Ability to work in a team environment, focus on high quality execution Critical thinker, and intellectually curious Experience with leading without authority Ability to coach and develop more junior associates Skills that will help: Experience with direct applicability to Credit Review responsibility Strong Counterparty Credit Risk background and/or Global Markets experience Benefits of working at Bank of America: UK Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc. Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services. Access to an Employee Assistance Program for confidential support and help for everyday matters Ability to donate to charities of your choice directly through payroll and the bank will match your contribution Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions. Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community. Bank of America: Good conduct and sound judgment is crucial to our long-term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependents or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. Learn more about this role