Bank of America
Credit Manager II - Valuation/Equipment Management Group
$138K–$225K
Chicago +4 · Manager · Full-time · Posted Jun 9, 2026
- Location
- Chicago
New York
Milwaukee
Boston
Providence - Experience
- 10+ years; no alternative stated.
- Education
- Minimum: High School Diploma / GED / Secondary School or equivalent. Desired: Bachelor’s Degree in Finance, Accounting, Economics, Engineering, Business, or a related discipline.
About the job
Leads the Equipment Management Group Valuation team, setting residual values for new leases and assessing existing portfolio values while supporting leasing risk and business growth.
What you'll do
- Lead valuation professionals and direct valuation policies, procedures, and guidelines.
- Manage valuations across diverse equipment types and transactions, ensuring compliance with controls and analytical principles.
- Apply equipment-market intelligence to transaction risk and return, evaluate target markets, and support equipment investment opportunities.
What they ask for
- 10+ years of experience in equipment management, equipment valuation, equipment finance, or a closely related function.
- Demonstrated experience leading and developing professionals in a risk, credit, valuation, or asset management environment.
- In-depth knowledge of equipment markets, asset valuation methodologies, and lifecycle risk considerations.
- Demonstrated experience evaluating complex equipment assets across multiple industries and market cycles.
Nice to have
- Bachelor’s Degree in Finance, Accounting, Economics, Engineering, Business, or a related discipline.
- Professional accreditation such as American Society of Appraisers (ASA); experience supporting structured lease products is also desired.
Pay
$137,500.00 - $225,000.00 USD annualized salary (base salary)
Model-written summary · the original posting is authoritative