Bank Of America Portfolio Management Officer II 

United States, California, Los Angeles 

114387551

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 leveraged, asset-based loans to clients in the Global Commercial Bank and Global Corporate and Investment Bank, partnering closely with the relationship management teams and product partners, including the ABL capital markets. Facilities range from ten million to over three billion in size and are typically collateralized 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

• Assisting Credit Officers with various tasks

Required Qualifications:

• 3+ 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 Skills:

• 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

• Written Communications

1st shift (United States of America)