Bank of America Portfolio Management Officer I - Business Banking - Chicago in Chicago, Illinois
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. Provides ongoing management and accountability for all monitoring and maintenance activities on an assigned portfolio (e.g. FAS/AER, Risk Rating Scorecards, CPT web, etc). 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 FASs, AERs, Spreads, RR Scorecards, etc. 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 (CPM) or Credit Products Team Leader (CPTL) and partner closely with CPOs and Credit Products Analysts (CPA). 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.
Posting Date : 08/29/2017
Chicago, IL, 135 S LA SALLE ST (IL4135),
- United States
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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