Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
The PMO is responsible for underwriting and structuring of straightforward credit transactions (existing and new clients) with a high level of independence. The PMO is also involved in structuring and underwriting of complex credit transactions with coaching from the AB Senior Portfolio Manager. The PMO approves credit transactions without CPO coverage under credit approval grid but with a high level of support from the AB Senior Portfolio Manager. The PMO also participates in the internal credit approval process led by client manager (straight forward transactions) and/or CPO (complex credits) and partners with the client manager/CPO in preparation of Term Sheets. The PMO leads documentation and closing for straightforward credit transactions without CPO coverage and has an active role with the CPO in documentation and closing for complex transactions. Provides ongoing management and primary accountability for all monitoring and maintenance activities on an assigned portfolio, including straight forward and complex client relationships. The PMOs have primary accountability for all monitoring and maintenance activities on an assigned client base primarily larger/complex client relationships and (e.g. FAS/AER, Risk Rating Scorecards, CPT web, etc). They monitor clients operating performance and financial condition to proactively identify issues and opportunities. 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 AB Senior Portfolio Manager and partner closely with AB Credit Officers.
Job Responsibilities:

• Monitoring and Analyzing a Portfolio of Retail Finance Borrowers
• Completing Risk Rating Score Cards
• Reviewing 3rd Party Field Exams and Appraisals
• Analyzing Financial Trends & Statements
• Complying with all Policy & Procedures
• Preparing information for Monthly Loan Review and Quarterly SER Meetings
• Assess Credit Requests, Analyze Risks and Make Recommendations

Required Qualifications:

• 2.5 years of solid experience in financial analysis, structuring, underwriting and portfolio management for commercial and/or ABL client segments.
• Must have proficient analytical/technical skills, including financial accounting, modeling and loan structuring.
• Formal Credit training desired

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

Minimum Education Requirement: Bachelor's degree in finance, accounting, economics or business administration.
Shift:
1st shift (United States of America)
Hours Per Week:
40