Bank of America Corporation

Risk Analysis Sr. Manager

Bank of America Corporation$110K — $130K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of experience in financial services.
  • 5+ years specializing in credit risk for home loans or consumer products.
  • Strong understanding of mortgage credit policy and underwriting standards.
  • Proven ability to analyze large datasets and identify portfolio trends.
  • Excellent skills in independent risk evaluation and communication with senior stakeholders.

Responsibilities

  • Provide independent credit risk oversight for first mortgage and home equity products.
  • Assess credit policy changes and emerging credit issues with data-driven analysis.
  • Perform complex analyses to identify trends and potential policy gaps.
  • Support oversight of servicing and collateral valuation.
  • Collaborate with stakeholders to translate insights into risk mitigation strategies.

Benefits

  • Opportunities for professional development and growth.
  • Participation in innovative risk transformation and analytics initiatives.
  • Collaborative work environment across various stakeholders in the organization.
Full Job Description
Job Description: This role supports Consumer Real Estate Credit Risk within Enterprise Credit Risk, providing independent oversight and credit risk challenge across first lien mortgage and home equity products. The position requires strong consumer real estate expertise, analytical judgment, and the ability to assess portfolio trends, policy changes, exceptions, servicing activities, and emerging risks against approved risk appetite and governance expectations.

Responsibilities:
  • Provide independent credit risk oversight for consumer real estate products, including first mortgage and home equity, with focus on policy execution, credit exceptions, originations, servicing or portfolio risk, and emerging risk identification.
  • Assess business-proposed credit policy changes, policy expansion requests, exceptions strategies, and emerging credit issues by combining underwriting expertise, data-driven analysis, sound risk judgment, and effective challenge.
  • Perform complex portfolio, policy, exception, and risk analyses using large datasets to identify trends, approval patterns, emerging risks, credit performance concerns, and potential policy gaps.
  • Support oversight of servicing, collateral valuation, and exceptions.
  • Partner with business, risk, product, operations, policy, compliance, and technology stakeholders to translate insights into risk mitigation strategies, governance actions, and policy enhancements.


Required Qualifications
  • 7+ years of financial services experience.
  • 5+ years of experience in credit risk for home loans or other consumer products.
  • Understanding of mortgage and home equity credit policy, underwriting standards, risk governance, regulatory expectations, and risk appetite frameworks.
  • Demonstrated ability to analyze large datasets, assess portfolio and exception performance, identify emerging risks, and develop data-supported recommendations.
  • Ability to independently evaluate proposed credit changes, challenge assumptions, and communicate risk perspectives effectively to senior stakeholders.

. Desired Skills:
  • Bachelor's degree
  • Experience supporting risk transformation, analytics, AI/Copilot enablement, or process automation initiatives is a plus.
  • Experience with collateral valuation, servicing or home equity underwriting is a plus.


Locations:

Charlotte, NC, Jacksonville, FL, Newark, DE, Plano, TX

Skills:
  • Performance Management
  • Project Management
  • Regulatory Relations
  • Risk Management
  • Stakeholder Management
  • Business Acumen
  • Continuous Improvement
  • Issue Management
  • Risk Analytics
  • Technical Documentation
  • Adaptability
  • Attention to Detail
  • Business Intelligence
  • Data Visualization
  • Data and Trend Analysis


Shift:
1st shift (United States of America)

Hours Per Week:
40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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