Portfolio Management Officer I / II




Multiple Locations


Position summary

Job Description:

About Us:

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!

Primary Roles and responsibilities:

The Portfolio Management Officer (PMO) is responsible for monitoring, underwriting and structuring of straightforward credit transactions, primarily to existing clients with significant guidance from the Senior Portfolio Management Officer / Credit Products Officer / Credit Products Manager (Sr. PMO/CPO/CPM).

Portfolio Management Officers work on renewals/extensions, new exposures of lower complexity to existing clients and loan modifications (covenant waivers, amendments). The PMO also participates in the internal credit approval process,  reviews and assists in the preparation of Term Sheets.

Other responsibilities:

  • Reviews loan documentation and participates in the closing process including coordinating with Credit Services and involvement in documentation/closing discussions.

  • Act as a general market resource at the discretion of the Credit Products Manager (CPM)for maintenance and monitoring responsibilities on credit relationships

  • Performs independent tasks of preparing and approving Financial Account Summary reports

  • Make recommendations that mitigate risks or remedy exceptions, under direction of credit team

  • Deliver financial, industry, economic and other analysis to facilitate decision making, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements

  • Report to the Credit Products Manager (CPM) and partner closely with Credit Products Officer (CPO) and Wholesale Credit Admin Associates (WCAA).    

Required skills:

  • BS/BA degree and / or comensurate experience

  • 2 + years of Commercial Credit experience

  • Must have experience in commercial financial analysis, structuring and underwriting

  • Strong communication and solid analytical / technical skills

  • Ability to interact directly with clients on a profesional, consultative basis

  • Ability to multi-task and continually modify the priority of assigned workflow

Desired skills:

  • Auto industry experience

  • Formal credit training

  • Minimum of 6 hours of Accounting with a grade of “C” or higher


1st shift (United States of America)

Hours Per Week: 


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