Vice President; Product Specialist - Credit

Bank of America•New York, NY

1d•Onsite

About The Position

This job is responsible for supporting credit analysts and relationship managers in underwriting and servicing specialized credit products. Key responsibilities include expertise in product functionality and user experience as well as handling more complex inquiries, contributing to product improvement feedback loops, and training initiatives. Job expectations include coaching entry-level product specialists.

Requirements

Bachelor's degree or equivalent in Finance, Economics or related: and 5 years of progressively responsible experience in the job offered or a related Finance occupation.
5 years of experience in Analyzing structured credit portfolios including ABS, CLO and RMBS to assess risk, exposure, and performance trends using Excel VBA and SQL to identify credit deterioration, monitor covenant compliance.
5 years of experience in Writing complex queries to aggregate loan-level data and generate insights for senior management using SQL to support portfolio management, risk reporting, and regulatory deliverables.
5 years of experience in Automating reporting workflows for portfolio, and compliance deliverables using tools like Excel VBA to streamline recurring tasks, reduce manual errors and improve turnaround time for internal and external reporting.
5 years of experience in Assessing business needs and translating them into technical specifications, testing system enhancements, and implementing process improvements to support credit portfolio management in collaboration with multiple cross-functional teams.
5 years of experience in Applying advanced Excel techniques including Power Query, Macros, and Pivot Tables for data analysis, modeling, and reporting, including building dynamic dashboards, scenario analysis tools, and automated templates for portfolio monitoring.
5 years of experience in Integrating data across multiple systems by leveraging common identifiers including loan or facility ID to unify disparate data attributes and risk metrics, enabling a complete and consistent dataset for accurate portfolio analysis, reporting, and decision-making.

Responsibilities

Own the US Asset-Backed Securitization (ABS) lending reporting and portfolio management functions and write effective summaries and presentations to complement reporting of ABS portfolio performance data.
Understand the ABS underwriting and monitoring processes, including how to leverage BofA’s proprietary ABS monitoring platform for key insights.
Leverage ABS expertise to support portfolio reviews across other credit books such as the Chief Investment Office (CIO), and assist with various enterprise initiatives.
Support accuracy of collateral management efforts by analyzing ABS deal structures and collateral characteristics.
Partner with technology teams on the delivery of automation solutions to enhance the Global ABS reporting framework.
Identify, escalate, and remediate data issues, coordinating with various support teams to ensure timely and accurate downstream processes.
Coordinate and contribute to presentations in response to regulatory and senior management requests.
Interface with Credit Officers and the ABS business to ensure that key features, trends, and risks in the ABS lending portfolio are reflected in the reporting framework, including reviewing loan tapes and repline data.
Collaborate on enterprise initiatives and partner with applicable stakeholders across the firm on emerging topics.