Bank of America
Credit Officer II-Special Assets Group
$100K–$157K
Chicago +3 · Full-time · Posted Oct 28, 2026
- Location
- Chicago
New York
Charlotte
Providence - Experience
- 7+ years; experience in middle market or large corporate loans, credit restructuring, or related risk management.
- Education
- High School Diploma / GED / Secondary School or equivalent
About the job
Manages a portfolio of distressed commercial credit relationships and leads resolution strategies to maximize recoveries and minimize losses.
What you'll do
- Develop, negotiate, and implement credit resolution strategies, including restructurings, settlements, and collateral dispositions.
- Manage legal recovery actions such as bankruptcies, litigation, foreclosures, and receiverships.
- Assess portfolio risk, present recommendations to leadership, and coordinate with borrowers and other stakeholders.
What they ask for
- 7+ years of experience in middle market or large corporate loans, credit restructuring, or related risk management.
- Extensive knowledge of commercial lending, credit analysis, loan documentation, collateral analysis, and commercial credit structures.
- Proven negotiation skills and experience leading borrower, sponsor, legal, and lender discussions.
- Strong financial analysis skills, sound credit judgment, and industry knowledge across multiple sectors.
Nice to have
- Knowledge of business law, contracts, and bankruptcy law.
- Knowledge of ancillary banking products such as treasury services, derivatives, commercial cards, and deposits.
Pay
$100,000.00 - $156,600.00 annualized salary (base salary)
Model-written summary · the original posting is authoritative