Bank Of America Credit Risk Officer 

Ireland, Dublin 

982483255

Job Title:Credit Risk Officer

Corporate Title:Up to Vice President

Role Description:

This position has primary responsibility for credit approval and therefore is accountable for overall portfolio performance and asset quality. Your role involves handling a portfolio of European Corporates. You will partner with senior ECGBR colleagues to support the portfolio and work with Enterprise Credit (‘EC’, 1st line of defence credit team) in supporting our European client base. Your role will involve building and maintaining legal entity and portfolio-level reporting routines as well as contributing to regulatory deliverables.

Responsibilities:

• Reviewing credit proposals, new transactions, sanctioning exposure/limits for portfolio clients within appropriate risk parameters under delegated authority; product types covered include lending, RCFs, FX, derivatives, repo, GTS facilities, and commodities.

• Providing feedback to GCIB Credit/GMC (Enterprise Credit) on new client/transaction screenings in order to influence outcomes in line with credit risk limits, including appropriate transactions structures.

• Identifying and monitoring top down emerging risk trends within the portfolio and devise action plans for mitigation where appropriate.

• Building and maintaining portfolio-level reporting routines which cover key movements in portfolio sensitivities, exposure changes and credit rating migrations.

• Getting involved in regulatory deliverables and other ad-hoc legal entity tasks which require credit risk input.

What we are looking for:

• Credit risk management coverage of a portfolio of European Corporates.

• Experience with operating under delegated approval authority.

• Solid familiarity with product suite, including loan and derivative products, and legal documentation (facility agreement, ISDA/CSA, GMRA, GMSLA).

• Experience in discussing multi-faceted structures with corporate and investment banking, sales and trading.

Nice to have:

• Ability to work in a demanding, fast-paced environment in a variety of different situations; grasp of highly detailed structures.

• Highly motivated individual with a passion for continued learning.

• Proficient in using Microsoft Word, Excel and PowerPoint software for presentations.

Ireland

• 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 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 Employee Assistance Program for confidential support and help for everyday matters

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan

• Ability to donate to charities of your choice and the bank will match your contribution

• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.