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Portfolio Management Officer (PMO) I or PMO II

Company: Bank of America
Location: Greensboro
Posted on: August 5, 2022

Job Description:

Portfolio Management Officer (PMO) I or PMO IICharlotte, North Carolina;Greensboro, North Carolina; Seattle, Washington; Newport Beach, California; Atlanta, Georgia; Dallas, Texas**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:**H6**Shift:**1st shift (United States of America)**Hours Per Week:**40**Weekly Schedule:****Referral Bonus Amount:**0**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****Shift:**1st shift (United States of America)**Hours Per Week:**40Learn more about this roleFull timeJR-22070417Band: H6Manages People: NoTravel: NoManager:Talent Acquisition Contact:Sade' BarnesReferral Bonus:0Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.To view Bank of America's Drug-free workplace and alcohol policy, CLICK HERE .

Keywords: Bank of America, Greensboro , Portfolio Management Officer (PMO) I or PMO II, Executive , Greensboro, North Carolina

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