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Portfolio Management Officer II, Bank of America Business Capital

Chicago, Illinois

Job Description:

Bank of America Business Capital (“BABC”) is looking to hire a Portfolio Management Officer (“PMO”) that will work closely with the senior team members and product partners to serve the credit needs of clients, with responsibilities including analysis of financial and collateral performance, completion of credit write-ups, and preparation of client presentations.

BABC provides leveraged, asset-based loans to clients in the Global Commercial Bank and Global Corporate and Investment Bank, partnering closely with relationship management and product partners, including ABL capital markets.  Typical focus is first lien, syndicated and sole lender facilities ranging in size from $20 million to $5 billion.

The PMO will be expected to deliver clear and concise analysis to facilitate decision making, while also ensuring adherence to BofA’s internal credit policies, guidelines and applicable regulatory requirements.  Given growth of the group, the PMO would have excellent opportunities to transition into a senior role, directly managing client relationships.

Qualifications:

* Highly organized, proactive, and efficient with the ability to work in a high volume role

* Strong credit, financial analysis and modeling skills

* Excellent written and verbal communication skills

* Proficient in Word, Excel, and PowerPoint

* Completion of a formal bank credit training program

* 2-3 years of experience in credit, relationship management, leveraged finance, loan syndications, or restructuring/workout

* Undergraduate degree, with some Accounting and Finance focus a plus

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Bank of America Business Capital (“BABC”) is looking to hire a Portfolio Management Officer (“PMO”) that will work closely with the senior team members and product partners to serve the credit needs of clients, with responsibilities including analysis of financial and collateral performance, completion of credit write-ups, and preparation of client presentations.

BABC provides leveraged, asset-based loans to clients in the Global Commercial Bank and Global Corporate and Investment Bank, partnering closely with relationship management and product partners, including ABL capital markets.  Typical focus is first lien, syndicated and sole lender facilities ranging in size from $20 million to $5 billion.

The PMO will be expected to deliver clear and concise analysis to facilitate decision making, while also ensuring adherence to BofA’s internal credit policies, guidelines and applicable regulatory requirements.  Given growth of the group, the PMO would have excellent opportunities to transition into a senior role, directly managing client relationships.

Qualifications:

* Highly organized, proactive, and efficient with the ability to work in a high volume role

* Strong credit, financial analysis and modeling skills

* Excellent written and verbal communication skills

* Proficient in Word, Excel, and PowerPoint

* Completion of a formal bank credit training program

* 2-3 years of experience in credit, relationship management, leveraged finance, loan syndications, or restructuring/workout

* Undergraduate degree, with some Accounting and Finance focus a plus

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21068737

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Terry Hall

Referral Bonus:

0

Street Address

Primary Location:
110 N Wacker Dr, IL, Chicago, 60606