Back to search results

Global Markets Credit Lending Portfolio Management – Director

New York, New York

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. 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!

GMC Overview
Global Markets Credit (GMC) is responsible for ensuring a comprehensive and consistent credit underwriting and monitoring process for Global Markets lending and trading activities.  GMC partners directly with the Global Markets front line unit for client selection, underwriting and monitoring activities to drive revenue growth while maintaining appropriate risk disciplines. GMC also coordinates engagement with key control partners including Global Risk, Finance, Credit Review and Audit in accordance with our Risk Framework and internal and external standards.

The GMC Portfolio Management Team is responsible for reporting, data analysis, and portfolio management of the GMC lending and trading portfolios.  The GMC Lending Portfolio Manager will serve as the point of contact for a comprehensive view of the GMC Lending portfolio and associated metrics, reporting and governance routines.

Job Description
As a GMC Lending Portfolio Manager (PM), Director, you will drive a robust monitoring environment for the Global Markets Credit Lending Portfolio.  You will manage a team of Portfolio Managers to analyze data, oversee delivery of key reports and presentations and deliver senior management updates and regulatory related items on a timely basis.  The Portfolio Manager will follow through on issues to enable effective oversight of the portfolio, including governance over the reporting data.  The experience level of individuals in this role is typically at least ten years.  Associated role title includes Portfolio Manager.

•    Deliver the comprehensive view of the GMC Lending portfolio, including providing key stakeholders timely and succinct updates, summaries, and presentations on exposure, risk exposures, forecast, and key drivers
•    Drive an efficient monitoring framework leveraging data and other available information and proactively identify and address issues
•    Lead a team of Portfolio Managers to drive actions and issues to resolution
•    Support data integrity by identifying, escalating, and remediating data issues, following up with various partner groups to ensure resolution of identified issues
•    Demonstrate a strong control environment through reviews and process documentation
•    Contribute to regulatory related efforts, including timely response management 
•    Support enterprise initiatives and partner with applicable stakeholders across the firm on emerging topics

Required Qualifications
•    A least 10 years of experience in portfolio management; with at least 5 years experience related    to structured lending portfolios (e.g., ABS, CLO, Equities, Mortgages, etc.)
•    At least 2 years of experience managing a team
•    Strong organizational, oral and written communication, and data analysis skills and attention to detail; ability to work in a fast-paced environment and with quick turnaround times
•    Ability to understand key lending businesses risk framework (e.g., policy, procedures, client selection, structures, triggers, terms, capital)
•    Critical thinking skills to evaluate and investigate information 
•    Proficiency with Word, Excel, and PowerPoint 
•    Proficiency in business intelligence software (Tableau and Alteryx), SQL, and/or Python is a plus.
•    Personal drive, and a sense of urgency and responsiveness with a willingness to grow and learn
•    Desire to improve and streamline processes and to troubleshoot independently


1st shift (United States of America)

Hours Per Week: 


Learn more about this role

Full time


Manages People: No

Travel: Yes, 5% of the time

New York pay and benefits information

New York pay range:

$126,000 - $237,800 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.


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.

Street Address

Primary Location:
ONE BRYANT PARK, NY, New York, 10036