Back to search results Credit Analyst III - Reg FundCredit Risk - Global Markets Credit New York New York Additional locations Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Job DescriptionAt 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 DescriptionThis job is responsible for analyzing and managing credit risk of existing and prospective clients and counterparties. Key responsibilities include focusing on but not limited to credit market and reputational risk as well as adherence and monitoring of credit risk policies risk appetite and reporting including but not limited to Top of House TOH and Line of Business LOB specific reports or regulatory related reporting.Responsible for all aspects of the credit management of Americas AMRS-based Regulated Funds and Asset Managers.Responsibilities Manage a fast-paced high-volume portfolio of AMRS-based regulated and alternative fund clients from on-boarding through to underwritingcredit approval and ongoing monitoring and oversight.Conduct detailed analysis of clients demonstrating a good understanding of investment strategies liquidity leverage and the trading products & associated risks that the funds trade. Assign internal counterparty risk ratings and recommend risk limits and guardrails based on clients risk profileLiaise with Legal to negotiate relevant documentation ISDA GMRA MSFTA MSLA etc. for trading activities.Perform ongoing monitoring of clients regarding changes in credit quality adherence to risk appetitelimits and policies. Support monitoring of adherence to industry risk governance as well as monitoring for potential operational reputational and market risk issuesCoordinate and build strong working relationship with colleagues including Sales & Trading 2nd Line Risk Credit Risk review and Audit functions and LOB management.Conduct ad-hoc portfolio reviews and prepare management information as required.Contribute to regulatory tasks and deliverables as required in respect of AMRS Asset Managers portfolio.Required Qualifications 1 years of experience in commercial andor corporate credit risk preferably covering regulated andor alternative fund clients Ability to manage significant deal flow often on tight deadlines in a dynamic and fast-paced environmentSelf-starter with excellent communication skills problem solver with an ability to negotiate effectivelyAble to work as part of a team willing to support more junior members of the team as requiredGood quantitative and Excel based skillsDesired Qualifications Bachelors Degree in Finance Economics Accounting or similar fieldsExperience using Bloomberg or similar market data platformsUnderstanding of Global Markets suite of products market risk metrics and legal documentation.SkillsAttention to DetailClient ManagementDecision MakingUnderwritingCredit Documentation RequirementsCritical ThinkingPortfolio ManagementProblem SolvingWritten CommunicationsFinancial AnalysisNegotiationRegulatory ComplianceCollaborationCredit and Risk AssessmentPresentation SkillsPrioritizationMinimum Education Requirement High School Diploma GED Secondary School or equivalentShift1st shift United States of AmericaHours Per Week 40 Learn more about this role Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26015374 Manages People No Travel Yes 5 of the time Age requirement Must at least be 18 years of age. New York pay and benefits information New York pay range 60800.00 - 110000.00 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 andor 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 Share Save job Job saved