Product Specialist II-Global Markets Credit/Credit Manager
About The Position
The Global Markets Credit (GMC) organization is responsible for credit underwriting, ongoing monitoring, and portfolio management of Global Markets (GM) financing and traded products transactions. GMC is a global organization that partners directly with Global Markets FLU teams in relation to client selection, structuring, and underwriting activities to drive revenue growth while maintaining appropriate risk disciplines. GMC also coordinates engagement with key control partners including Global Risk, Credit Review, and Audit in accordance with our Risk Framework. This role is responsible for leading initiatives and supporting Speciality Finance Credit Officers on a daily basis in the underwriting, monitoring, and management of their portfolios. The end-to-end process involves credit underwriting, ongoing monitoring, and portfolio management of speciality finance transactions. The lead acts as a primary liaison with the credit teams, operations, and other business partners. Handles more complex opportunities and takes a greater leadership role in supporting the clients' needs. Provides coaching to associates when dealing with day-to-day support activities. Employees that achieve success in this role often demonstrate the following attributes: attention to detail, self-motivation, and learning agility. Managerial Responsibilities: This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above. Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully. Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement. Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results. Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks. People Manager & Coach: Knows and develops team members through coaching and feedback. Financial Steward: Manages expenses and demonstrates an owner’s mindset. Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth. Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.
Requirements
- 7+ years of experience in institutional banking or Global Markets, with knowledge of specialty finance and traded products
- Experience leading or mentoring team members
- Familiarity with industry documentation (e.g., ISDA, MSFTA, Repo Agreements, MRA, Credit Agreements)
- Strong technical proficiency in Microsoft Word, Excel, and PowerPoint; experience with credit/risk systems preferred
- Ability to interpret data across multiple systems and support underwriting and monitoring activities
- High School Diploma / GED / Secondary School or equivalent
Nice To Haves
- Understanding of market risk concepts
- Prior team lead or managerial experience
- Strong interpersonal and influencing skills, with the ability to collaborate effectively across Credit, Operations, and business partners
- Experience reviewing fund prospectuses and interpreting key risk considerations
- Familiarity with credit and risk systems
- Experience using automation and analytical tools (e.g., Microsoft 365 Copilot, BI tools) to enhance efficiency and insights
- Demonstrated ability to manage large datasets and identify trends, inconsistencies, and process improvement opportunities
- Strong understanding of exposure flows and how transactions impact credit and market risk profiles
- Ability to quickly learn and apply policies and procedures with a strong control
- Bachelors Degree
Responsibilities
- Lead, coach, and develop Credit Support Associates, providing day-to-day direction on priorities, workflow, and deadlines
- Review outputs to ensure accuracy, completeness, and alignment with policy
- Act as escalation point for complex issues and support team decision-making
- Oversee underwriting support, monitoring, and portfolio management activities for specialty finance transactions
- Guide preparation of monitoring materials, including covenant tracking and deliverable management
- Ensure financial statements, NAVs, and other requirements are sourced and tracked in accordance with credit documentation
- Review client and transaction documentation
- Extract and track key terms, covenants, and reporting requirements
- Partner with Operations to ensure accurate loan booking and lifecycle management
- Manage pre- and post-closing activities
- Identify and resolve data quality issues across credit and risk systems
- Oversee monitoring ticklers and portfolio tracking requirements
- Analyze datasets to identify trends, gaps, and inconsistencies
- Drive process improvements and enhance workflow efficiency, including leveraging tools such as Microsoft 365 Copilot
- Support audits, credit reviews, and remediation efforts
- Provide expertise and guidance on more complex transactions and portfolio matters
Benefits
- Access to paid time off
- Resources and support to our employees
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
High school or GED
