Credit Review Senior Portfolio Specialist
Posted 09/23/2026
Job ID:
176294
Job Description
Senior Counterparty Credit Risk Specialist – Credit Review
Location: Hybrid – 4 days onsite
Salary: $160,000 – $170,000/year + bonus
Relocation: Not available
Sponsorship: Not available
Senior Counterparty Credit Risk Specialist – Credit Review Locations
Candidates must be able to work onsite 4 days per week at one of the following Bank of America locations:
We are seeking an experienced Portfolio Specialist to join a Credit Review organization supporting the independent assessment of credit decisions and credit processes across the bank.
This is a senior-level credit and risk position focused on reviewing portfolios with Counterparty Credit Risk exposure and Structured Financing Transactions globally, including exposures involving hedge funds, asset managers, central counterparties and other sophisticated financial institutions.
The Portfolio Specialist will work closely with Portfolio Managers to establish and execute risk-based coverage plans, perform detailed transaction reviews, lead examinations, identify existing and emerging risks, manage issues, and communicate findings to senior stakeholders.
Candidates with 10+ years of direct Counterparty Credit Risk, Credit Review, Market Risk, or Credit Portfolio Management experience are strongly preferred.
Senior Counterparty Credit Risk Specialist – Credit Review Key Responsibilities
Hybrid – 4 days onsite per week.
Available locations:
Boston, MA | Charlotte, NC | East Hartford, CT | Newark, DE | Pennington, NJ | Plano, TX | Providence, RI
Senior Counterparty Credit Risk Specialist – Credit Review Compensation
$160,000 – $170,000/year + bonus
Compensation is not flexible beyond the stated range.
Senior Counterparty Credit Risk Specialist – Credit Review Important Recruiting Notes
This is a senior-level position. The strongest candidates will have direct experience with Counterparty Credit Risk and/or Credit Review, rather than general commercial credit alone.
Candidates with approximately 10 years of Counterparty Credit Review experience are a priority and the client is targeting a fill before October 15, 2026.
Location: Hybrid – 4 days onsite
Salary: $160,000 – $170,000/year + bonus
Relocation: Not available
Sponsorship: Not available
Senior Counterparty Credit Risk Specialist – Credit Review Locations
Candidates must be able to work onsite 4 days per week at one of the following Bank of America locations:
- Boston, MA
- Charlotte, NC
- East Hartford, CT
- Newark, DE
- Pennington, NJ
- Plano, TX
- Providence, RI
We are seeking an experienced Portfolio Specialist to join a Credit Review organization supporting the independent assessment of credit decisions and credit processes across the bank.
This is a senior-level credit and risk position focused on reviewing portfolios with Counterparty Credit Risk exposure and Structured Financing Transactions globally, including exposures involving hedge funds, asset managers, central counterparties and other sophisticated financial institutions.
The Portfolio Specialist will work closely with Portfolio Managers to establish and execute risk-based coverage plans, perform detailed transaction reviews, lead examinations, identify existing and emerging risks, manage issues, and communicate findings to senior stakeholders.
Candidates with 10+ years of direct Counterparty Credit Risk, Credit Review, Market Risk, or Credit Portfolio Management experience are strongly preferred.
Senior Counterparty Credit Risk Specialist – Credit Review Key Responsibilities
- Participate in Credit Review examinations and periodically serve as an Examiner-in-Charge (EIC), Assistant Examiner-in-Charge (AEIC), or Examiner
- Perform transactional testing of credit processes for new and existing clients
- Evaluate the quality and effectiveness of credit decisions, policies and processes
- Analyze counterparty credit risk exposures and identify existing and emerging risks
- Review credit limits, exposure metrics, margin practices, risk sensitivities and stress-testing processes
- Provide timely, fact-based feedback and conclusions based on transaction reviews
- Track and follow up on observations and findings from examinations
- Manage issues, including severity ratings, action plans, status tracking and issue validation
- Assist Portfolio Managers with portfolio reporting, quarterly Business Assessment Reports and Coverage Plans
- Participate in discussions with senior stakeholders and relevant Risk partners
- Maintain ongoing relationships with regulatory and risk partners
- Provide updates to regulators regarding review results and respond to regulatory inquiries
- Coordinate with Corporate Audit to maintain awareness of review activity and risk assessments
- Lead or participate in complex projects designed to improve processes and risk management
- Coach, mentor and review the work of newer or less experienced team members
- Maintain accurate, thorough and well-written work papers in accordance with Credit Review standards
- Monitor economic and market trends and assess their potential impact on relevant credit portfolios
- 8–10+ years of commercial credit experience in areas such as:
- Credit underwriting
- Direct lending
- Workout
- Credit Review
- Risk Management
- Regulatory examination
- Strong understanding of Counterparty Credit Risk
- Experience with concepts including:
- Credit limits
- Exposure metrics
- Margin practices
- Risk sensitivities
- Stress testing
- Trading agreements
- ISDA/CSA
- Strong credit analysis and financial analysis skills
- Experience identifying, assessing and communicating credit and risk issues
- Ability to develop fact-based conclusions and communicate findings to senior leadership
- Strong project management and organizational skills
- Experience managing multiple complex assignments while maintaining high-quality work
- Strong written and verbal communication skills
- Experience working in risk management, lending, credit review or regulatory environments
- Strong data manipulation and analysis skills
- Demonstrated ability to lead without direct authority
- Bachelor's degree required, preferably in:
- Finance
- Accounting
- Economics
- Business or related field
- 10+ years of direct Counterparty Credit Risk, Market Risk or Credit Portfolio Management experience
- Experience supporting Hedge Funds, Prime Brokerage or Regulated Funds
- Previous experience in Credit Review, internal audit or a comparable independent risk-review function
- Experience identifying and reporting existing and emerging risks
- Experience leading examinations or credit reviews
- Experience coaching or mentoring junior professionals
- Advanced Excel skills
- Experience using AI tools to improve productivity and workflow efficiency
- Credit & Risk Assessment
- Counterparty Credit Risk
- Credit Analysis
- Financial Analysis
- Portfolio Analysis
- Risk Management
- Underwriting
- Regulatory Compliance
- Internal Audit / Credit Review
- Issue Management
- Critical Thinking
- Analytical Thinking
- Project Management
- Stakeholder Management
- Relationship Building
- Business Acumen
Hybrid – 4 days onsite per week.
Available locations:
Boston, MA | Charlotte, NC | East Hartford, CT | Newark, DE | Pennington, NJ | Plano, TX | Providence, RI
Senior Counterparty Credit Risk Specialist – Credit Review Compensation
$160,000 – $170,000/year + bonus
Compensation is not flexible beyond the stated range.
Senior Counterparty Credit Risk Specialist – Credit Review Important Recruiting Notes
This is a senior-level position. The strongest candidates will have direct experience with Counterparty Credit Risk and/or Credit Review, rather than general commercial credit alone.
Candidates with approximately 10 years of Counterparty Credit Review experience are a priority and the client is targeting a fill before October 15, 2026.
About Charlotte, NC
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