Bank of America Hiring for Portfolio Management Officer (PMO) I or PMO II at Atlanta, GA Full Time

Job Description:

The Portfolio Management Officer (PMO) is responsible for monitoring, 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. The PMO reviews loan documentation and participates in the closing process including coordinating with Credit Services and involvement in documentation/closing discussions.

The PMO I acts as a general market resource at the discretion of the CPM for maintenance and monitoring responsibilities on credit relationships and performs such tasks as independently preparing and approving Financial Account Summary reports 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 and partner closely with CPOs and Wholesale Credit Admin Associates (WCAA).

Required Skills:

• Credit trained
• 18+ months experience with a general understanding of financial analysis, structuring and underwriting
• Strong communication and solid analytical/technical skills

Desired Skills:

• BS/BA degree preferred
• Auto industry experience
• Basic Commercial Lending Training
• Minimum of 6 hours Accounting with a grade of “C” or higher

.**The hiring manager reserves the right to hire at the PMO I or II level depending on experience

Job Band:

H5

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0