1 day old
2017-12-102018-01-09

Portfolio Management Officer I - Business Banking - Chicago

Bank of America
Chicago, IL
  • Job Code
    bankofamerica-17060057ChicagoIL
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Company Bank of America

Job Title Portfolio Management Officer I - Business Banking - Chicago

Jobid bankofamerica-17060057ChicagoIL

Location: Chicago, IL, 60664, USA

Description **Job Description:**



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



**Location** :

Chicago, IL, 135 S LA SALLE ST (IL4135),

- United States



**Travel** : No



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



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Portfolio Management Officer I - Business Banking - Chicago

Bank of America
Chicago, IL

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Portfolio Management Officer I - Business Banking - Chicago

Bank of America
Chicago, IL

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