Bank Of America Portfolio Management Officer I/II-Asset Based Finance 

United States, Texas, Dallas 

719833998

Job Description:

Job Description:

The Portfolio Management Officer (“PMO”) will be responsible for underwriting new credit requests and monitoring credit exposure for existing Bank of America Business Capital (“BABC”) clients. BABC provides asset-based loans to clients in the Global Commercial Bank and Global Corporate and Investment Bank, partnering closely with the relationship management teams, product partners and capital markets teams. Facilities range from twenty million to over three billion in size and are typically secured with a first lien on all assets.

The PMO will be expected to monitor financial trends to proactively identify macro issues and opportunities within industries. They should deliver clear and concise analysis to facilitate decision making, while also ensuring adherence to BofA’s internal credit policies, guidelines and applicable regulatory requirements. Over time, they would have the opportunity to transition into a senior role, managing a portfolio of BABC clients.

Job Responsibilities:

• Financial Statement Analysis
• Collateral Analysis
• Preparation of credit approval write-ups
• Preparation of term sheets and client presentations

Required Qualifications:

• 2+ yrs experience in Asset Based Lending, Commercial or Corporate credit or relationship management, leveraged finance, loan syndications, orrestructuring/workout
• Strong credit, financial analysis and modeling skills
• Proficient in Word, Excel, and PowerPoint

Desired Qualifications:

• Bachelor's degree in Accounting and/or Finance
• Completion of a formal bank credit training program

Skills:

• Analytical Thinking
• Attention to Detail
• Collaboration
• Credit Documentation Requirements
• Underwriting
• Collateral Management
• Decision Making
• Financial Analysis
• Prioritization
• Problem Solving
• Business Acumen
• Loan Structuring
• Negotiation
• Portfolio Management