Bank of America Asset-Based Portfolio Specialist in Los Angeles, California
Asset-Based Portfolio Specialist
New York, New York;Chicago, Illinois; Los Angeles, California
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.
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
- Some audit, underwriting or account management
1st shift (United States of America)
Hours Per Week:
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Manages People: No
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