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 a diverse and 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.

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 underwriting and structuring of straightforward credit transactions (existing and new clients) with a high level of independence. The PMO is also involved in structuring and underwriting of complex credit transactions with coaching from the Credit Products Officer (CPO)/Credit Products Manager (CPM).

The PMO approves credit transactions without CPO coverage under credit approval grid but with a high level of support from the CPO/CPM. The PMO also participates in the internal credit approval process led by client manager (straight forward transactions) and/or CPO (complex credits) and partners with the client manager/CPO in preparation of Term Sheets.

The PMO leads documentation and closing for straightforward credit transactions without CPO coverage and has an active role with the CPO in documentation and closing for complex transactions. Provides ongoing management and primary accountability for all monitoring and maintenance activities on an assigned portfolio, including straight forward and complex client relationships.

The PMOs have primary accountability for all monitoring and maintenance activities on an assigned client base and (e.g. Financial Analysis Summary (FAS)/Annual Exposure Review (AER), Risk Rating Scorecards, CPT web, etc). They monitor clients operating performance and financial condition to proactively identify issues and opportunities.

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, PMO I and Credit Products Analysts (CPA).

Required Qualifications:

• 3+ years of solid experience in commercial credit underwriting, financial analysis and commercial loan portfolio management
• 3+ years of financial accounting, financial modeling or loan structuring
• Commercial credit training in commercial bank or captive finance company
• Proficiency in Microsoft Office, with emphasis on Excel competency

Desired Qualifications:

• BS/BA Degree with Accounting or Finance Concentration
• Commercial Credit Underwriting for Auto and RV dealers in a Bank or Captive Finance environment
• Familiarity with Auto and RV Floor Plan product

Skills:

• Analytical Thinking
• Attention to Detail
• Collaboration
• Credit Documentation Requirements
• Underwriting
• Collateral Management
• Decision Making
• Financial Analysis
• Prioritization
• Problem Solving
• Business Acumen
• Loan Structuring
• Negotiation
• Portfolio Management
• Written Communications

Shift:

1st shift (United States of America)

Hours Per Week:

40