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Portfolio Management Officer I

Bank of America
Chicago, IL
  • Job Code
Company Bank of America

Job Title Portfolio Management Officer I

Jobid bankofamerica-17067747ChicagoIL

Location: Chicago, IL, 60664, USA

Description **Job Description:**

The Portfolio Management Officer (PMO) is a client facing role within the Credit Products group of the Commercial Real Estate Banking (CREB) group of Bank of America Merrill Lynch. As part of the CREB client team, the Credits Product group is responsible for the credit analysis, underwriting, documentation and origination of commercial real estate exposure. CREB is an industry leader in commercial real estate lending with over 500 employees and $40 billion of committed loans.

The primary responsibility of the PMO is the ongoing analysis and monitoring of the existing debt book. This includes analysis of project performance, covenant compliance, and other monitoring functions. Responsible for continually formulating and defending borrower and facility risk ratings to upper management. PMO will collaborate with line of business partners to complete their annual sponsor financial analysis and guarantor risk rating. The PMO will assist in the analysis and completion of modifications and extensions of existing loans.

The PMO reports to the Credit Products Manager who reports to the Senior Credit Products Manager in an identified market area. The PMO interfaces with the rest of the client team, including the BB/MM Relationship Manager, Credit Products Officer, Credit Center Specialist (CCS) and assists the CCS with financial statement collection and tracking as needed and manages external reporting processes to the regulators. Responsible for being knowledgeable of and adhering to all Bank policies, procedures, and regulations. Position may be filled as a PMOl or PMOll, depending on qualifications and experience.


+ 1-3 years of real estate finance or asset management experience

+ Strong Financial skills

+ Understanding of financial statement review

+ Proficiency of data input

+ Strong Interpersonal skills

+ Excellent communication skills

+ Strong team player

**Posting Date** : 10/03/2017

**Location** :

Chicago, IL, 135 S LA SALLE ST (IL4135),

- United States

**Travel** : No

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**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.

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Portfolio Management Officer I

Bank of America
Chicago, IL

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Bank of America
Chicago, IL

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