Bank of America Corporation

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Portfolio Management Officer i - DFS - Alpharetta

at Bank of America Corporation

Posted: 10/8/2019
Job Status: Full Time
Job Reference #: 19014454-2
Keywords:

Job Description

Job Description:

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 Products Manager and partner closely with CPOs and Wholesale Credit Admin Associates (WCAA).  

Required Skills:

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.

Desired Skills:

Auto industry experience
Basic Commercial Lending Training
Minimum of 6 hours Accounting with a grade of "C" or higher

Shift:

1st shift (United States of America)

Hours Per Week: 

40

At Bank of America, we’re creating real, meaningful relationships with individuals, businesses and communities to help them focus on what matters most. Every day, we connect with 57 million customers, using our skills and expertise to help make their lives better.

We are committed to attracting and retaining top talent around the world to ensure we continue to deliver together for our customers, clients and communities. Along with taking care of our customers, we want to be a great place for people to work, and we strive to create an environment where all employees have the opportunity to achieve their goals.

Partnering Locally
Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact
Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

Diversity and Inclusion
Each employee brings unique skills, background and opinions. We see diversity and inclusion as our platform for innovation and a key component in our success.

Our Values
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Pay Transparency:

http://careers.bankofamerica.com/global/pay-transparency.aspx

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Posted 30+ Days Ago

Full time

19014454