Bank Of America Senior Credit Officer/Credit Officer – Asset Based Finance 

United States, Massachusetts, Boston 

620442231

Job Description:

Job Description:

The AB Sr Credit Officer manages a portfolio of asset-based structured loans in the retail industry. The AB Sr Credit Officer is responsible for actively monitoring financial and collateral trends and recommending appropriate action. Responsibilities also include reviewing requests for loan modifications, analyzing financial performance, negotiating terms, drafting proposals, reviewing and negotiating loan documents and preparing recommendations for approval.

Responsibilities:

• Manages a portfolio of asset-based structured loans in the retail industry.
• Actively monitors financial and collateral trends and recommend appropriate action.
• Review requests for loan modifications
• Analyze financial performance, negotiating terms, drafting proposals, reviewing, negotiating loan documents and preparing recommendations for approval.
• Participates in building client relationships.
• Handle both strong credits as well asdistressed/turnaroundcredits including managing accounts through a bankruptcy process.

Required Qualifications:

• Must have 10+ years of Asset Based loan credit and portfolio management experience for the Sr. AB Credit Officer position. Must have 5+ years of Asset Based loan credit and portfolio management experience for the AB Credit Officer position.
• Must have the ability to independently manage a complex portfolio of corporate and middle market banking clients.
• Must have experience managing agented syndicated accounts.
• Must have experience reviewing and negotiating loan documentation.

Desired Qualification:

• Bachelor’s Degree

Skills:

• Attention to Detail
• Client Management
• Decision Making
• Underwriting
• Credit Documentation Requirements
• Critical Thinking
• Portfolio Management
• Problem Solving
• Written Communications
• Financial Analysis
• Negotiation

High School Diploma / GED / Secondary School or equivalent