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: The Global Markets Credit Portfolio Management Team is responsible for reporting, data analysis, and portfolio management of the GMC lending and trading portfolios. The Associate Lending Portfolio Manager will be responsible for the creation, maintenance and improvements of reports and the analysis and presentation of data under the aggregate GMC scope.
As a Lending Portfolio Manager (PM), you will be integral in delivering credit risk reporting, data analysis, portfolio reviews, and presentations on the GMC lending portfolio. The Associate will contribute to a robust monitoring environment through analysis and written updates to management. You will work closely with colleagues in the Global Markets business, Risk, GMC Credit Officers, and other Portfolio Managers.
**Responsibilities: **
- Broaden product knowledge across Global Markets and develop a strong understanding of the lending portfolio
- Analyze portfolios to identify key movements and conduct deeper investigation where needed
- Prepare and deliver critical risk reporting with accuracy and timeliness to support a strong risk monitoring environment
- Write effective summaries and presentations to complement reporting and data
- Partner with credit officers and other stakeholders to adapt or provide reporting, data analysis and data solutions
- Coordinate and contribute to presentations in response to regulatory and senior management requests
- Produce ad hoc reporting and presentations to meet emerging business needs and respond to shifts in the risk environment
- Leverage AI solutions available bank-wide to drive efficiencies and reduce operational risks, ultimately resulting in time savings
- Support data integrity efforts by identifying, escalating, and driving resolution of data issues, coordinating with various partner groups to ensure timely remediation
- Demonstrate a strong control environment by incorporating checks and creating and maintaining process documentation
- Support enterprise initiatives and partner with applicable stakeholders across the firm on emerging topics
Required Qualifications:
- 2+ years financial reporting experience.
- Ability to understand and synthesize complex data sets.
- Ability to work across multiple systems and data to design efficient reporting and processes.
- Proficiency in Word, Excel, and PowerPoint, along with ability to quickly learn new programs and applications.
- Has experience with improving and streamlining processes and troubleshooting independently.
**Desired Qualifications: **
- BA/BS Desired
- Proficiency in Alteryx, Tableau, SQL, and/or Python is a plus.
Skills:
- Data Collection and Entry
- Data and Trend Analysis
- Research Analysis
- Analytical Thinking
- Collateral Management
- Issue Management
- Policies, Procedures, and Guidelines Management
- Negotiation
- Research
- Risk Management
- Oral Communications
- Written Communications
- Attention to Detail
**Minimum Education Requirement: **High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
**Hours Per Week: **
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$70,000.00 - $132,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. 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.
Benefits
This role is currently benefits eligible. 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.