Sorry, this listing is no longer accepting applications. Don’t worry, we have more awesome opportunities and internships for you.

Portfolio Management Officer I - Dealer Financial Services

Bank of America

Bank of America

Portfolio Management Officer I - Dealer Financial Services

Dallas, TX
Full Time
Paid
  • Responsibilities

    Portfolio Management Officer I - Dealer Financial Services Dallas -Dallas, TX, United States -Job number: 18031281 -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. The PMO reviews loan documentation and participates in the closing process including coordinating with Credit Services and involvement in documentation/closing discussions. 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 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 (CPM) and partner closely with CPOs and Credit Products Analysts (CPA). CREB PMOs have similar job responsibilities but do not typically perform the underwriting function. 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: 05/22/2018 Location: Dallas, TX, BANK OF AMERICA PLAZA, 901 MAIN ST, - United States Travel: No Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift

  • Industry
    Financial Services