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Bank of America Asset-Based Portfolio Specialist in Chicago, Illinois

Asset-Based Portfolio Specialist

New York, New York;Chicago, Illinois; Los Angeles, California

Job Description:

Job Description:

The AB (Asset-Based) Business Banking Portfolio Specialist manages a portfolio of asset-based structured loans in a variety of industries. The AB Portfolio Specialist is responsible for actively monitoring financial and collateral trends and recommending appropriate action. Responsibilities also include reviewing requests for loan modifications, analyzing financial performance, negotiating terms, drafting proposals, reviewing documents, preparing recommendations for approval, and strict adherence to policy and procedure requirements. Must be good at multi-tasking in order to meet the time deadlines of both the client and the bank. The AB Portfolio Specialist is an active member of the client team and interfaces directly with the client and participates in building the client relationship. Generally capable of handling the most sensitive accounts. Some travel required to meet with clients. Works closely with manager.

Required Skills:

  • 2+ years’ experience in Commercial and/or ABL credit and relationship management experience

  • Bachelor's or Master’s degree in finance, accounting, economics or business administration

  • Sound financial statement analytical skills

  • Must be detail focused and well organized

  • Proactive/confident communication skills (both verbal and written) to interact with senior management, clients, attorneys, etc.

  • Ability to thrive in a fast paced business environment with strong time management skills

  • Computer proficiency in Word and Excel with Power Point a plus

Desired Skills:

  • Some audit, underwriting or account management

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-20052274

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Referral Bonus:

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