Asset Based Lending Portfolio Management Officer II

3 weeks ago


Boston, Massachusetts, United States Bank of America Full time
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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 AB Senior Portfolio Manager. The PMO approves credit transactions without CPO coverage under credit approval grid but with a high level of support from the AB Senior Portfolio Manager. 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 primarily larger/complex client relationships and (e.g. FAS/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 AB Senior Portfolio Manager and partner closely with AB 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 Policy & Procedures
  • Preparing information for Monthly Loan Review and Quarterly SER Meetings
  • Assess Credit Requests, Analyze Risks and Make Recommendations


Required Qualifications:
  • 2.5+ years 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.
  • Formal Credit training desired


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


Minimum Education Requirement: Bachelor's degree in finance, accounting, economics or business administration.

Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Boston, Massachusetts, United States Leland Shaw Full time

    Fast-growing, global management consulting firm specific to the Asset and Wealth Management segments within financial services is growing out their North American team, and has full-time opportunities for experienced consultants at the junior through senior levels. Seeking both all-around consulting athletes with varied project experience in asset or wealth...


  • Boston, Massachusetts, United States Bank of America Full time

    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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...


  • Boston, Massachusetts, United States Arrowstreet Capital Full time

    Director, Portfolio Management Team DescriptionThe Portfolio Management team is responsible for implementing the firm's quantitative investment strategies with the objective of maximizing portfolios' transfer coefficient and reducing diseconomies of scale. The team is involved in portfolio construction, risk management, portfolio finance, and cash and...

  • Compliance Officer

    3 weeks ago


    Boston, Massachusetts, United States F Franklin Templeton Companies, LLC Full time

    Our dynamic and diversified firm spans asset management, wealth management, and fintech, offering many ways to help investors make progress toward their goals.Our talented teams working around the globe bring expertise that's both broad and unique.Global Regulatory Compliance, Mutual Funds is a five-person team responsible for overseeing the compliance...

  • Trader

    3 weeks ago


    Boston, Massachusetts, United States Geode Capital Management Full time

    Geode Capital Management is a systematic asset manager that currently manages over $1 trillion AUM and provides core beta exposures across a range of equity and niche asset classes. Geode provides clients with a transparent investment process with a focus on risk-adjusted performance. Geode uses a team-based approach across each of the firm's investment...


  • Boston, Massachusetts, United States Fidelity Investments Full time

    Job Description: The Group Fidelity Digital Asset Management [FDAM] is building an investment platform offering digital asset products and services designed to meet the growing needs of Fidelity's retail customers and intermediary and institutional clients. The Investment Implementation team is a collaborative group proficient in off-chain and on-chain...


  • Boston, Massachusetts, United States Bank of America Full time

    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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for...


  • Boston, Massachusetts, United States Fidelity Investments Full time

    Lead initial and ongoing operational due diligence and oversight for funds investing in private asset products, such as private equity, private debt and private real estate; and investment advisors managing alternatives products and funds.Team responsibilities include:Lead initial operational due diligence with potential investment advisors and managers to...


  • Boston, Massachusetts, United States Selby Jennings Full time

    Responsibilities: Manage a team and oversee all operational aspects of CLO's and fund financing arrangements Collaborate with front office Portfolio Management teams to document and prepare new credit facilities managing bank relationshipsOversee preparation of borrowing base calculations and support the asset approval process and position levered funds...


  • Boston, Massachusetts, United States Arrowstreet Capital Full time

    Role Summary:The Front Office Systems group is a critical part of our IT Systems Engineering department dedicated to the support of our trading processes and the development of portfolio management and trade execution software. The mission of the group is to provide best-in-class technology solutions to the portfolio managers and traders in their pursuit of...

  • Accountant II

    2 weeks ago


    Boston, Massachusetts, United States Boston Medical Center (BMC) Full time

    POSITION SUMMARY:Under the direct supervision of the Controller and Accounting Manager, responsible for maintaining a combination of general accounting systems, including preparing monthly general and standard journal entries, maintaining and reconciling endowment and intercompany transactions, preparing checks, posting to general ledger, maintaining receipt...


  • Boston, Massachusetts, United States Geode Capital Management Full time

    Geode Capital Management, LLC is seeking a Proxy Operations Analyst. A key focus is on our Proxy Voting, Engagement and ESG efforts. We are looking for highly motivated individual(s) to join the team and be a part of our exciting future. As Proxy Operations Analyst, you will become an essential part of our Stewardship and Engagement team and will have the...


  • Boston, Massachusetts, United States Geode Capital Management Full time

    Geode Capital Management, LLC is seeking a Test Automation Engineer (TAE) works within the Quality Chapter to contribute to the development of a plan to integrate automated testing within the testing process here at Geode. They will participate in the evaluation of tools and technology for automation that best fits the organization and projects therein. They...


  • Boston, Massachusetts, United States tapwage Full time

    Join the team providing financial solutions to over 3 million small businesses nationwide at one of the world's most innovative banks.If you are customer focused, enjoy building relationships, and providing financial advice to your clients, then a role as a Business Development Manager in one of our expanding markets is for you.As a Business Development...


  • Boston, Massachusetts, United States Federal Home Loan Bank of Boston Full time

    The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a...


  • Boston, Massachusetts, United States Geode Capital Management Full time

    Geode Capital Management is a systematic asset manager that currently manages over $1 trillion AUM and provides core beta exposures across a range of equity and niche asset classes. Geode provides clients with a transparent investment process with a focus on risk-adjusted performance. Geode uses a team-based approach across each of the firm's investment...


  • Boston, Massachusetts, United States Bank of America Full time

    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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...


  • Boston, Massachusetts, United States Tufts University Full time

    Overview The Department of Developmental, Molecular & Chemical Biology at Tufts University School of Medicine was formed to integrate the traditional studies of developmental and molecular biology with the innovation of chemical biology to facilitate fundamental understanding of disease processes as well as the development of n ovel therapeutics. One area of...


  • Boston, Massachusetts, United States Geode Capital Management Full time

    Geode is seeking a highly motivated Quality Engineer who is passionate about investment and engineering. As quality engineer you will work within the quality chapter to create, maintain and improve internal product standards and report findings to the squad by working at the integration and system levels of testing. A successful QE will be able to stand back...


  • Boston, Massachusetts, United States Geode Capital Management Full time

    Geode is seeking a Senior Systems Engineer to join our Systems Operations team.This role will provide technical support and guidance to end-users including hardware and software troubleshooting, coordinating vendor and third-party maintenance for network connectivity, software support, and telecommunications services. The role will also share...