H-1B Visa Credit Officer Jobs
Credit Officer jobs with H-1B visa sponsorship sit firmly in specialty occupation territory: the role requires a bachelor's degree in finance, economics, accounting, or a closely related field, and sponsoring employers file a Labor Condition Application with DOL before petitioning USCIS. Status is granted for up to three years, extendable to six.
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Get Access To All JobsINTRODUCTION
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 job is responsible for directly managing a high-risk/criticized or distressed commercial loan portfolio. Key responsibilities include developing, negotiating, and implementing resolution strategies focused on reducing the volatility and severity of losses. Job expectations include adherence to all bank policies and regulatory requirements, proactive identification and mitigation of risks within the portfolio, and maintaining a high-level of integrity and ethical standards in all interactions.
The Special Assets Group (SAG) manages the Bank’s criticized, classified, and distressed commercial credit portfolio. SAG’s primary objective is to maximize recoveries, minimize loss severity, and execute disciplined, risk-based resolution strategies that protect the Bank’s interests while preserving long-term enterprise value where appropriate.
The SAG Credit Officer II is responsible for managing and resolving the Bank’s most complex criticized, classified, and distressed commercial credit relationships. The SAG Credit Officer II develops and executes resolution strategies, leads negotiations with borrowers and stakeholders, and provides subject matter expertise on complex credit situations. This role partners closely with senior leadership, Credit Risk, Legal, and line-of-business partners to drive resolution outcomes that maximize recoveries, minimize losses, and protect the Bank’s interests.
“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy”
Responsibilities:
- Develops, negotiates, and implements comprehensive resolution strategies
- Manages and oversees adversarial collection actions (e.g. litigation, foreclosures, bankruptcies, and receiverships)
- Ensures compliance with bank policies and regulatory standards
- Oversees the asset quality of the portfolio through effective risk management practices
- Conducts periodic portfolio reviews
- Establishes and maintains collaborative partnerships with internal and external stakeholders
- Manage a portfolio of highly complex criticized, classified, and distressed commercial credit relationships through all stages of the resolution process
- Develop and execute credit resolution strategies to maximize recoveries, minimize loss severity, and protect the Bank’s interests through restructurings, repayment plans, settlements, discounted payoffs, collateral dispositions, note sales, and legal recovery actions
- Lead the assessment and management of complex distressed relationships, evaluating borrower performance, collateral, guarantor strength, industry conditions, and legal considerations; negotiate with borrowers and key stakeholders and present recommendations and portfolio updates to senior leadership and risk partners
- Drive effective portfolio management by monitoring performance, recovery trends, and risk migration; supporting forecasting, reserves, and criticized asset reporting; and mentoring associates while serving as a resource on complex credit situations and SAG process improvements
BASIC QUALIFICATIONS:
- 7+ years of experience in corporate workout, credit restructuring, or related risk management experience
- Extensive knowledge of commercial lending, credit analysis, commercial loan documentation, collateral analysis, and commercial credit structures
- Proven negotiation skills and experience leading borrower, sponsor, legal, and lender discussions
- Strong financial analysis skills, including cash flow analysis, collateral evaluation, repayment capacity assessment, and enterprise valuation concepts
- Ability to exercise sound credit judgment and make decisions in complex, time-sensitive situations
- Proven ability to work independently while influencing outcomes across multiple internal and external stakeholders
- Strong communication skills; ability to communicate vertically, horizontally, and externally
- Industry knowledge across multiple sectors
PREFERRED QUALIFICATIONS:
- Knowledge of Business Law, a legal aptitude, strong knowledge of contracts, and knowledge of bankruptcy law
- Ability to work independently on complex transactions while exercising sound credit judgment
- Knowledge of ancillary banking products such as treasury services, derivatives, commercial cards, and deposits
- Strong knowledge of Commercial Loan Documentation
- Knowledge of Commercial Credit Structure
SKILLS:
- Adaptability
- Collection Management
- Critical Thinking
- Problem Solving
- Risk Management
- Credit and Risk Assessment
- Decision Making
- Financial Analysis
- Legal Structures and Legal Forms
- Underwriting
- Client Management
- Loan Structuring
- Negotiation
- Oral Communications
- Written Communications
MINIMUM EDUCATION REQUIREMENT: High School Diploma / GED / Secondary School or equivalent
SHIFT:
1st shift (United States of America)
HOURS PER WEEK:
40
INTRODUCTION
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 job is responsible for directly managing a high-risk/criticized or distressed commercial loan portfolio. Key responsibilities include developing, negotiating, and implementing resolution strategies focused on reducing the volatility and severity of losses. Job expectations include adherence to all bank policies and regulatory requirements, proactive identification and mitigation of risks within the portfolio, and maintaining a high-level of integrity and ethical standards in all interactions.
The Special Assets Group (SAG) manages the Bank’s criticized, classified, and distressed commercial credit portfolio. SAG’s primary objective is to maximize recoveries, minimize loss severity, and execute disciplined, risk-based resolution strategies that protect the Bank’s interests while preserving long-term enterprise value where appropriate.
The SAG Credit Officer II is responsible for managing and resolving the Bank’s most complex criticized, classified, and distressed commercial credit relationships. The SAG Credit Officer II develops and executes resolution strategies, leads negotiations with borrowers and stakeholders, and provides subject matter expertise on complex credit situations. This role partners closely with senior leadership, Credit Risk, Legal, and line-of-business partners to drive resolution outcomes that maximize recoveries, minimize losses, and protect the Bank’s interests.
“Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy”
Responsibilities:
- Develops, negotiates, and implements comprehensive resolution strategies
- Manages and oversees adversarial collection actions (e.g. litigation, foreclosures, bankruptcies, and receiverships)
- Ensures compliance with bank policies and regulatory standards
- Oversees the asset quality of the portfolio through effective risk management practices
- Conducts periodic portfolio reviews
- Establishes and maintains collaborative partnerships with internal and external stakeholders
- Manage a portfolio of highly complex criticized, classified, and distressed commercial credit relationships through all stages of the resolution process
- Develop and execute credit resolution strategies to maximize recoveries, minimize loss severity, and protect the Bank’s interests through restructurings, repayment plans, settlements, discounted payoffs, collateral dispositions, note sales, and legal recovery actions
- Lead the assessment and management of complex distressed relationships, evaluating borrower performance, collateral, guarantor strength, industry conditions, and legal considerations; negotiate with borrowers and key stakeholders and present recommendations and portfolio updates to senior leadership and risk partners
- Drive effective portfolio management by monitoring performance, recovery trends, and risk migration; supporting forecasting, reserves, and criticized asset reporting; and mentoring associates while serving as a resource on complex credit situations and SAG process improvements
BASIC QUALIFICATIONS:
- 7+ years of experience in corporate workout, credit restructuring, or related risk management experience
- Extensive knowledge of commercial lending, credit analysis, commercial loan documentation, collateral analysis, and commercial credit structures
- Proven negotiation skills and experience leading borrower, sponsor, legal, and lender discussions
- Strong financial analysis skills, including cash flow analysis, collateral evaluation, repayment capacity assessment, and enterprise valuation concepts
- Ability to exercise sound credit judgment and make decisions in complex, time-sensitive situations
- Proven ability to work independently while influencing outcomes across multiple internal and external stakeholders
- Strong communication skills; ability to communicate vertically, horizontally, and externally
- Industry knowledge across multiple sectors
PREFERRED QUALIFICATIONS:
- Knowledge of Business Law, a legal aptitude, strong knowledge of contracts, and knowledge of bankruptcy law
- Ability to work independently on complex transactions while exercising sound credit judgment
- Knowledge of ancillary banking products such as treasury services, derivatives, commercial cards, and deposits
- Strong knowledge of Commercial Loan Documentation
- Knowledge of Commercial Credit Structure
SKILLS:
- Adaptability
- Collection Management
- Critical Thinking
- Problem Solving
- Risk Management
- Credit and Risk Assessment
- Decision Making
- Financial Analysis
- Legal Structures and Legal Forms
- Underwriting
- Client Management
- Loan Structuring
- Negotiation
- Oral Communications
- Written Communications
MINIMUM EDUCATION REQUIREMENT: High School Diploma / GED / Secondary School or equivalent
SHIFT:
1st shift (United States of America)
HOURS PER WEEK:
40
See all 45+ H-1B Visa Credit Officer Jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new H-1B Visa Credit Officer Jobs.
Get Access To All JobsTips for Finding H-1B Visa Sponsorship in Credit Officer
Frame your credentials around credit analysis
Your degree transcript and any CFA, FRM, or CPA credentials should explicitly connect to credit underwriting and risk assessment. USCIS scrutinizes whether your field of study directly relates to the role, so a finance or economics degree carries more weight than a general business degree.
Verify prevailing wage before negotiating offers
Use the OFLC Wage Search to look up the prevailing wage for your specific worksite city before you receive an offer. Your employer's LCA must certify wages at or above that level, and accepting less can expose both you and your sponsor to DOL compliance risk.
Target banks with dedicated H-1B sponsorship history
Search Migrate Mate to find credit and lending employers with verified H-1B visa LCA filing history by role and location. Regional banks, credit unions, and commercial lenders frequently sponsor Credit Officers but rarely advertise it in job postings.
Confirm each worksite has its own certified LCA
If the role involves credit reviews at multiple branch locations or client sites, each worksite address requires a separately certified LCA from DOL. Raise this with your employer's HR or immigration counsel before your start date to avoid a compliance gap.
Account for cap timing when accepting an offer
H-1B cap selection rules have changed recently, so sync your offer acceptance timeline with your employer's immigration counsel early. Cap-exempt employers such as nonprofits affiliated with higher education can file year-round and skip the selection process entirely.
Document specialty occupation evidence from day one
Save offer letters, job descriptions, and org charts that show your Credit Officer duties require degree-level financial analysis. USCIS may issue a Request for Evidence on specialty occupation, and contemporaneous records are far stronger than reconstructed documentation.
H-1B Visa Credit Officer: Frequently Asked Questions
Does a Credit Officer role qualify as a specialty occupation for H-1B purposes?
Yes, Credit Officer roles typically qualify as a specialty occupation because the position requires at least a bachelor's degree in finance, economics, accounting, or a directly related field to perform credit analysis, risk assessment, and underwriting at a professional level. The employer must document in the I-129 petition that the role requires this specific theoretical and practical body of knowledge, which USCIS evaluates case by case.
Which employers commonly sponsor H-1B visas for Credit Officers?
Commercial banks, regional lenders, credit unions, insurance companies, and corporate treasury departments are the most frequent H-1B sponsors for Credit Officer roles. Employers in these sectors regularly file Labor Condition Applications with DOL for credit analysis positions. You can browse verified H-1B sponsoring employers in this category on Migrate Mate, which surfaces LCA filing history by job type and location.
How does the LCA requirement work for a Credit Officer position?
Before petitioning USCIS, your employer must file a Labor Condition Application with DOL certifying that your offered wage meets the prevailing wage for your specific worksite location and that hiring you won't adversely affect similarly employed U.S. workers. Each worksite city requires its own certified LCA, so if your role spans multiple branch locations, your employer needs separate certifications for each address.
Can I switch employers during my H-1B status as a Credit Officer?
Yes, you can change employers under H-1B portability as long as your new employer files an H-1B transfer petition before your current authorized period expires and you've maintained valid status. The new employer must complete their own LCA for your worksite and file a new I-129 petition with USCIS. You can begin working for the new employer once the transfer petition is filed, not just approved.
How long does H-1B status last for a Credit Officer, and can it be extended?
Initial H-1B status is granted for up to three years and can be extended once for an additional three years, reaching a six-year maximum in most cases. If your employer has filed a PERM labor certification or an I-140 immigrant petition on your behalf before the six-year cap, further extensions beyond six years may be available under AC21 provisions while your green card case remains pending.