Bank of America Portfolio Management Officer I-Dallas, Charlotte, Alpharetta or Greensboro in Greensboro, Norway
The PMO is responsible for underwriting and structuring of straightforward credit transactions, primarily to existing clients with significant guidance from the Sr PMO/CPO/CPM. The PMO works on renewals/extensions, new exposures of lower complexity to existing clients and loan modifications (covenant waivers, amendments). The PMO also participates in the internal credit approval process and reviews and assists in the preparation of Term Sheets. The PMO reviews loan documentation and participates in the closing process including coordinating with Credit Services and involvement in documentation/closing discussions. The PMO acts as a general market resource at the discretion of the CPM for maintenance and monitoring responsibilities on smaller/straightforward credit relationships and performs such tasks as independently preparing and approving Financial Account Summary reports and under direction of credit team, make recommendations that mitigate risks or remedy exceptions. They deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. They report to the Credit Management & Admin Mgr and partner closely with CPOs and Credit Support Associates (CSA).
General qualifications include: a BS/BA degree, credit trained and 18+ months experience and have a general understanding of financial analysis, structuring and underwriting. Also necessary are strong communication and solid analytical/technical skills.
Auto industry experience
Basic Commercial Lending Training
Minimum of 6 hours Accounting with a grade of "C" or higher.
Posting Date : 08/07/2017
Location : US-GA-Alpharetta, US-NC-Charlotte, US-North Carolina-Greensboro, US-TX-Dallas
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
Weekly Schedule : Monday - Friday, 8 am - 5 pm
Assistance for Applicants with Disabilities
Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .
Diversity & Inclusion
At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Frequently Asked Questions
Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.