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Portfolio Mgmt Officer III

Bank of America
Chicago, IL
  • Job Code
    bankofamerica-17008880ChicagoIL
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Company Bank of America

Job Title Portfolio Mgmt Officer III

Jobid bankofamerica-17008880ChicagoIL

Location: Chicago, IL, 60664, USA

Description **Job Description:**



The PMO is responsible for underwriting and structuring of straightforward and complex credit transactions with minimal oversight from the CPO/CPM. The PMO is able to underwrite complex credit transactions with minimal oversight from the CPO and also approves credit transactions with some coaching from the CPO/CPM based on approval grid. The PMO leads the credit approval process with assistance from the CPM as needed for clients without CPO coverage and is an active participant with the CPO in credit approval process for complex clients/transactions. PMO leads documentation and closing for straightforward credit transactions 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 a higher composition of complex client relationships. The PMOs have primary accountability for all monitoring and maintenance activities on an assigned client base primarily larger/complex client relationships. 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. The PMOs provide ongoing coaching and support to other Credit Products team members. 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 do not typically perform the underwriting function. General qualifications include: a BS/BA degree, 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** : 04/10/2017



**Location** : US-IL-Chicago



**Travel** : Yes, 10% of the time



**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.



Categories

  • Management

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Portfolio Mgmt Officer III

Bank of America
Chicago, IL

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Portfolio Mgmt Officer III

Bank of America
Chicago, IL

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