State of California Veterans Jobs

ca-edd Logo
Mobile ca-edd Logo

Job Information

Bank of America Asset-Based Portfolio Specialist in Los Angeles, California

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:

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .

DirectEmployers