1+ months

Portfolio Mgmt Officer III

Boston, MA 02133
Portfolio Mgmt Officer III



Boston, Massachusetts



**Job Description:**



The Portfolio Management Officer (PMO) is a client facing role within the Credit Products group of the Commercial Real Estate Banking (CREB) group of Bank of America Merrill Lynch. As part of the CREB client team, the Credits Product group is responsible for the credit analysis, underwriting, documentation and origination of commercial real estate exposure. CREB is an industry leader in commercial real estate lending with over 500 employees and $40 billion of committed loans.



The primary responsibility of the PMO is the ongoing analysis and monitoring of the existing debt book plus managing the renewals of existing credit exposure. This includes analysis of project performance, covenant compliance, and other monitoring functions. Responsible for continually formulating and defending sponsor and facility risk ratings to upper management. Leads annual sponsor financial analysis and guarantor risk rating. The PMO interfaces with external clients for financial reporting requirements and analysis and to complete modifications and extensions of existing loans.



The PMO reports to the Credit Products Manager in an identified market area. The PMO interfaces with the rest of the client team, including the Client Manager, Credit Products Officer, Commercial Credit Specialist and manages external reporting processes to the regulators. Responsible for being knowledgeable of and adhering to all Bank policies, procedures, and regulations.



+ 5-7 years of real estate finance or asset management experience

+ Strong Financial skills

+ Understanding of financial statement review

+ Strong Interpersonal skills

+ Excellent communication skills

+ Strong team player



_We reserve the right to fill this at PMO 1, 2, or 3 depending on experience_



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-20000876



Manages People: No



Travel: Yes, 5% of the time



Manager:



Talent Acquisition Contact:



Referral Bonus:











Bank 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 at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf .


To view the "EEO is the Law" Supplement, CLICK HERE at 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 Americas Drug-free workplace and alcohol policy, CLICK HERE .

Industry

  • Banking / Finance
Posted: 2020-01-08 Expires: 2020-06-05

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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Portfolio Mgmt Officer III

Bank of America
Boston, MA 02133

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