Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!  Job Description: The PMO is responsible for ongoing management, monitoring and maintenance activities on an assigned portfolio of ABL credits, including both straightforward and more complex client relationships. The ideal candidate will be able to underwrite and structure some credit transactions with a high level of independence. The PMO will assist in more complex credit transactions with coaching from the Credit Officer. The PMO also participates in the internal credit approval processes and has an active role on loan closings and documentation.The PMO will have primary accountability for all monitoring and maintenance activities on an assigned client base (e.g. Financial and Collateral Charting, Liquidity Modeling, Problem Loan Reports, Risk Rating Scorecards, etc.). The PMO will monitor operating performance and financial condition of clients to proactively identify issues and opportunities.The PMO will receive reporting and deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The PMO reports to the Credit Manager and partners closely with Credit Officers.Job Responsibilities: <ul><li>Monitoring and Analyzing a Portfolio of Retail Finance Borrowers</li><li>Completing Risk Rating Score Cards</li><li>Reviewing 3rd Party Field Exams and Appraisals</li><li>Analyzing Financial Trends &amp; Statements</li><li>Complying with all Policies &amp; Procedures  </li><li>Preparing information for Monthly Loan Review and Quarterly SER Meetings</li><li>Assess Credit Requests, Analyze Risks and Make Recommendations</li></ul>Required Qualifications: <ul><li>2+ years of experience for the PMO I, 4+ years for the PMO II of solid experience in financial analysis, structuring, underwriting and portfolio management for commercial and/or ABL client segments.</li><li>Must have proficient analytical/technical skills, including financial accounting, modeling and loan structuring.</li></ul>Desired Qualifications:<ul><li>Formal Credit training</li><li>Bachelor's degree in finance, accounting, economics or business administration.</li></ul>Skills:<ul><li>Analytical Thinking</li><li>Attention to Detail</li><li>Collaboration</li><li>Credit Documentation Requirements</li><li>Underwriting</li><li>Collateral Management</li><li>Decision Making</li><li>Financial Analysis</li><li>Prioritization</li><li>Problem Solving</li><li>Business Acumen</li><li>Loan Structuring</li><li>Negotiation</li><li>Portfolio Management</li><li>Written Communications</li></ul>Shift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - MA - Boston - 100 Federal St - 100 Federal St Lp (MA5100)Pay and benefits informationPay range$69,100.00 - $116,100.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading.

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Bank of America

Bank of America, a leading global financial institution. We seek a full-time Portfolio Management Officer with 2+ years’ experience and a background in finance or related fields. You will manage, monitor, and analyze a portfolio of ABL credits, supporting credit transactions and compliance. We offer competitive salary, annual incentives, paid time off, and industry-leading benefits.

Portfolio Management Officer Asset Based Finance

Summary