Bank of America Portfolio Mgmt Officer III in Dallas, Texas

Job Description:

Portfolio Management Officer - Commercial Real Estate:

Must have Commercial Real Estate credit experience - Required.

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 Credit Products group is responsible for the credit analysis, underwriting, documentation and origination of commercial real estate credit exposure. Credit facilities include bridge, term, and construction loans nationwide for commercial real estate developers and investors, additionally delivering treasury, hedging, and investment banking solutions to clients. 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. This includes analysis of both project performance, sponsor financial capacity, covenant compliance, and other ongoing 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 who reports to the Senior 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 and Credit Support Associate, assists the Credit Support Associate with financial statement collection and tracking as needed and manages external reporting processes to the regulators. Responsible for being knowledgeable of and adhering to all Bank policies, procedures, and regulations.

*Position may be filled as a PMOIII or PMOII, depending on qualifications and experience.

Qualifications:

*3-5 years of real estate finance or asset management experience

*Strong Financial Skills

*Understanding of financial statement review

*Proficiency of data input

*Strong Interpersonal skills

*Excellent communication skills

*Strong team player

Posting Date : 05/30/2017

Location : US-TX-Dallas

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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