Bank of America SAG Portfolio Officer in Seattle, Washington
The Special Assets Group (SAG) manages the high risk/criticized or distressed commercial loan portfolio for the Business Banking and Small Business segments of Bank of America.
Job Description and Responsibilities:
Candidate typically has 2-5+ years of workout/commercial loan experience in a commercial bank or equivalent environment. The individual will be the primary contact for both internal and external communications for the loans in his/her assigned portfolio. The successful candidate will be directly involved in workout strategies/negotiations. Prepares credit underwritings and responsible for producing recurring and special reports on a timely basis.
Must have experience and working knowledge of contracts laws, workout strategies, commercial credit analysis and problem loan structuring.
Needs to have excellent written and verbal communication skills.
Demonstrates sound judgment and acts with speed – able to achieve results quickly.
Should be highly motivated, self-starter with strong organizational skills.
Should have good negotiation and excellent time management skills.
Familiarity of bank products such as treasury services, derivatives, commercial card, and deposits a plus.
Posting Date : 08/09/2017
Location : US-CA-Pasadena, US-WA-Seattle
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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