SAG Portfolio Officer

Bank of America•Charlotte, NC

1d•Onsite

About The Position

This job is responsible for directly managing a high-risk/criticized or distressed commercial loan portfolio. Key responsibilities include developing, negotiating, and implementing resolution strategies focused on reducing the volatility and severity of losses. Job expectations include adherence to all bank policies and regulatory requirements, proactive identification, and mitigation of risks within the portfolio, and maintaining a high-level of integrity and ethical standards throughout all interactions.

Requirements

3+ years of experience in commercial banking, credit underwriting, portfolio management, workout, restructuring, special assets, or a related fields.
Strong knowledge of commercial lending, credit analysis, loan documentation, collateral analysis, and commercial credit structures.
Experience managing or analyzing criticized, classified, or distressed commercial credit relationships.
Demonstrated ability to develop and evaluate workout, restructuring, liquidation, and repayment strategies.
Strong financial statement analysis skills, including cash flow, liquidity, collateral, and repayment capacity assessment.
Effective negotiation, problem-solving, and decision-making skills in complex or time-sensitive situations.
Strong verbal and written communication skills, including the ability to present recommendations to senior leaders and business partners.
Ability to work independently, manage multiple priorities, and exercise sound judgment in dynamic or ambiguous situations.
Proven ability to build relationships and influence outcomes across a broad range of internal and external stakeholders.
Adaptability
Collection Management
Critical Thinking
Problem Solving
Risk Management
Credit and Risk Assessment
Decision Making
Financial Analysis
Legal Structures and Legal Forms
Underwriting
Client Management
Loan Structuring
Negotiation
Oral Communications
Written Communications

Responsibilities

Develops, negotiates, and implements comprehensive resolution strategies
Oversees and manages adversarial collection actions such as litigation, foreclosures, bankruptcies, and receiverships
Ensures compliance with bank policies and regulatory standards
Monitors the asset quality of the portfolio through thorough analysis and assessment, making necessary adjustments based on market conditions and loan performance
Presents in the periodic portfolio review meetings providing updates on the clients within their portfolios
Establishes and maintain collaborative partnerships with internal and external stakeholders