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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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:

Hours Per Week: