Portfolio Management Officer I / II - Asset Based Finance Boston, Massachusetts **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/Boston/Portfolio-Management-Officer-I---II----Asset-Based-Finance\_25034472) **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:** + Monitoring and Analyzing a Portfolio of Retail Finance Borrowers + Completing Risk Rating Score Cards + Reviewing 3rd Party Field Exams and Appraisals + Analyzing Financial Trends & Statements + Complying with all Policies & Procedures + Preparing information for Monthly Loan Review and Quarterly SER Meetings + Assess Credit Requests, Analyze Risks and Make Recommendations **Required Qualifications:** + 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. + Must have proficient analytical/technical skills, including financial accounting, modeling and loan structuring. **Desired Qualifications:** + Formal Credit training + Bachelor's degree in finance, accounting, economics or business administration. **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 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, 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 "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.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. 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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.