SPMO / PMO III / PMO II - CDB

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Job description

Job Description:

Role Overview:
CREB Senior Portfolio Management Officer (SPMO) is responsible for all post close credit approval activity including extensions, (with advisement from the Credit Officer and/or Underwriter). In addition, the SPMO is responsible for all monitoring and maintenance activities on an assigned portfolio including Risk Rating Scorecards, Annual Reviews, Individual Loan Reports, Covenant Compliance, and data input and management. A key job function is the monitoring of clients operating performance and financial condition to proactively identify issues and opportunities. A SPMOs also delivers financial, industry, economic and other analysis to facilitate decision making for the client coverage team, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The SPMO is an individual contributor who reports to the CREB Credit Regional Portfolio Manager and partners closely with Credit Officers and Underwriters. The SPMO is responsible to drive process simplification and improvement under the direction of the Regional PMO Manager.

In partnership with our clients, Community Development Banking at Bank of America develops high-quality, residential communities that are affordable for low-income families. We offer several affordable housing products and promote economic development through co-investments in tax-advantaged equity partnerships. We collaborate with community stakeholders nation-wide to encourage economic opportunity and environmental sustainability, which we feel ensures that our partnerships are successful over the long-term. Our relationships with our clients grow as we exchange ideas and foster novel solutions to community problems. Through our teamwork, we give residents of low-income communities the support which permits them more time and energy for their families and re-investing in their communities.

Functional Role Description:
* Activities associated with the minor modification of existing credits (EMAF-based actions and Minor Modifications, as defined in the Approval Grid) and the extension of facilities which have qualified for defined extension options
* Collateral analysis, and sponsor / guarantor analysis and review of related legal documents
* Data entry, reporting and maintenance on the existing loan and investment portfolios (Regulatory Toolkit, Credit Center, CREEAS, CRELL, etc.)
* Support client coverage team with financial, industry, or market analysis to facilitate decision
* Senior PMOs are expected to lead the portfolio governance and key portfolio data aggregation routines as assigned.

Role Qualifications:
* 10+ years' experience within financial institution
* Strong communications (verbal and written)
* Strong analytical/technical skills including financial accounting, modeling and loan structuring
* BS/BA Degree required
Leadership Competencies:
* Demonstrates strong business and financial acumen
* Ensures self and others maintain a strong focus on client needs
* Manages client relationships in a manner that makes it easier to do business with our company
* Delivers practical, innovative solutions to customers/clients that meet their individual needs
* Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team
* Focuses on and recognizes team success
* Actively builds and sustains long-term relationships based on mutual trust
* Is intellectually curious; constantly seeks to learn and advance his/her knowledge
* Remain positive and focused during times of pressure, adversity, or change
* Is resilient; quickly adjusts behaviors in order to be successful.
* Communicates with impact, both in writing and speaking using clear, concise and simple language

**This is a CREB SPMO role. However, the team reserves the right to hire at the PMO III or PMO II level, depending on the chosen candidate's experience)**
* Experience in financial analysis, structuring, underwriting and portfolio management

Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
--> Job Description:

Role Overview:
CREB Senior Portfolio Management Officer (SPMO) is responsible for all post close credit approval activity including extensions, (with advisement from the Credit Officer and/or Underwriter). In addition, the SPMO is responsible for all monitoring and maintenance activities on an assigned portfolio including Risk Rating Scorecards, Annual Reviews, Individual Loan Reports, Covenant Compliance, and data input and management. A key job function is the monitoring of clients operating performance and financial condition to proactively identify issues and opportunities. A SPMOs also delivers financial, industry, economic and other analysis to facilitate decision making for the client coverage team, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The SPMO is an individual contributor who reports to the CREB Credit Regional Portfolio Manager and partners closely with Credit Officers and Underwriters. The SPMO is responsible to drive process simplification and improvement under the direction of the Regional PMO Manager.

In partnership with our clients, Community Development Banking at Bank of America develops high-quality, residential communities that are affordable for low-income families. We offer several affordable housing products and promote economic development through co-investments in tax-advantaged equity partnerships. We collaborate with community stakeholders nation-wide to encourage economic opportunity and environmental sustainability, which we feel ensures that our partnerships are successful over the long-term. Our relationships with our clients grow as we exchange ideas and foster novel solutions to community problems. Through our teamwork, we give residents of low-income communities the support which permits them more time and energy for their families and re-investing in their communities.

Functional Role Description:
* Activities associated with the minor modification of existing credits (EMAF-based actions and Minor Modifications, as defined in the Approval Grid) and the extension of facilities which have qualified for defined extension options
* Collateral analysis, and sponsor / guarantor analysis and review of related legal documents
* Data entry, reporting and maintenance on the existing loan and investment portfolios (Regulatory Toolkit, Credit Center, CREEAS, CRELL, etc.)
* Support client coverage team with financial, industry, or market analysis to facilitate decision
* Senior PMOs are expected to lead the portfolio governance and key portfolio data aggregation routines as assigned.

Role Qualifications:
* 10+ years' experience within financial institution
* Strong communications (verbal and written)
* Strong analytical/technical skills including financial accounting, modeling and loan structuring
* BS/BA Degree required
Leadership Competencies:
* Demonstrates strong business and financial acumen
* Ensures self and others maintain a strong focus on client needs
* Manages client relationships in a manner that makes it easier to do business with our company
* Delivers practical, innovative solutions to customers/clients that meet their individual needs
* Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team
* Focuses on and recognizes team success
* Actively builds and sustains long-term relationships based on mutual trust
* Is intellectually curious; constantly seeks to learn and advance his/her knowledge
* Remain positive and focused during times of pressure, adversity, or change
* Is resilient; quickly adjusts behaviors in order to be successful.
* Communicates with impact, both in writing and speaking using clear, concise and simple language

**This is a CREB SPMO role. However, the team reserves the right to hire at the PMO III or PMO II level, depending on the chosen candidate's experience)**
* Experience in financial analysis, structuring, underwriting and portfolio management

Job Band:
H4

Shift:
1st shift (United States of America)

Hours Per Week:
40

Weekly Schedule:

Referral Bonus Amount:
0
Job Description:
Role Overview:
CREB Senior Portfolio Management Officer (SPMO) is responsible for all post close credit approval activity including extensions, (with advisement from the Credit Officer and/or Underwriter). In addition, the SPMO is responsible for all monitoring and maintenance activities on an assigned portfolio including Risk Rating Scorecards, Annual Reviews, Individual Loan Reports, Covenant Compliance, and data input and management. A key job function is the monitoring of clients operating performance and financial condition to proactively identify issues and opportunities. A SPMOs also delivers financial, industry, economic and other analysis to facilitate decision making for the client coverage team, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. The SPMO is an individual contributor who reports to the CREB Credit Regional Portfolio Manager and partners closely with Credit Officers and Underwriters. The SPMO is responsible to drive process simplification and improvement under the direction of the Regional PMO Manager.

In partnership with our clients, Community Development Banking at Bank of America develops high-quality..... click apply for full job details