11 hours
2017-11-212017-12-21

Portfolio Management Officer III

Bank of America
Boston, MA
  • Job Code
    bankofamerica-17039329BostonMA
Advertisement
Company Bank of America

Job Title Portfolio Management Officer III

Jobid bankofamerica-17039329BostonMA

Location: Boston, MA, 02133, USA

Description **Job Description:**



The PMO is responsible for underwriting and structuring of straightforward credit transactions (existing and new clients) with a high level of independence. The PMO is also involved in structuring and underwriting of complex credit transactions with coaching from the CPO/CPM. The PMO approves credit transactions without CPO coverage under credit approval grid but with a high level of support from the CPO/CPM. The PMO also participates in the internal credit approval process led by client manager (straight forward transactions) and/or CPO (complex credits) and partners with the client manager/CPO in preparation of Term Sheets. The PMO leads documentation and closing for straightforward credit transactions without CPO coverage and has an active role with the CPO in documentation and closing for complex transactions. Provides ongoing management and primary accountability for all monitoring and maintenance activities on an assigned portfolio, including straight forward and complex client relationships. The PMOs have primary accountability for all monitoring and maintenance activities on an assigned client base primarily larger/complex client relationships and (e.g. FAS/AER, Risk Rating Scorecards, CPT web, etc). They monitor clients operating performance and financial condition to proactively identify issues and opportunities. 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 Products Manager (CPM) and partner closely with CPOs and Credit Products Analysts (CPA). CREB PMOs have similar job responsibilities but typically do not perform the underwriting function.



General qualifications include: a BS/BA degree , credit trained and 2.5+ years of solid experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring.



**Posting Date** : 07/19/2017



**Location** :

Atlanta, GA, Atlanta Plaza, 600 Peachtree St NE,

Boston, MA, 100 FEDERAL ST (MA5100),

- 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.



Share this job:

Portfolio Management Officer III

Bank of America
Boston, MA

Share this job

Portfolio Management Officer III

Bank of America
Boston, MA

Separate email addresses with commas

Enter valid email address for sender.

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast