Asset-Based Finance Senior Portfolio Manager
Company: Disability Solutions
Location: New York
Posted on: October 20, 2024
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Job Description:
Job Description:At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day.One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Job Description:Responsible for managing the
asset based finance credit/portfolio management function within a
major geographical region. Develops objectives and procedures and
policies in accordance with corporate objectives. Ensures sustained
earnings through a well structured loan portfolio.The AB Senior
Portfolio Manager is an experienced credit professional capable of
independent activity on complex and sensitive transactions to
include private equity sponsor transactions with I-Bank term loans;
international transactions; large corporate, middle market and
business banking transactions; related products and services; and
work-outs. The AB Senior Portfolio Manager leads a team of
Portfolio Managers, Credit Officers, Portfolio Management Officers
and Analysts who partner with business development officers,
relationship managers, underwriters and/or product specialists and
are responsible for structing, analyzing, underwriting,
negotiating, documenting, closing and monitoring ABL and related
transactions. The AB Senior Portfolio Manager and team interface
directly with clients, financial sponsors and intermediaries (legal
counsel, outside accountants, turnaround consultants, field
examiners, etc.). This role is non-registered.Managerial
Responsibilities:This position may also have responsibilities for
managing associates. At Bank of America, all managers at this level
demonstrate the following responsibilities, in addition to those
specific to the role, listed above.
Keywords: Disability Solutions, Westport , Asset-Based Finance Senior Portfolio Manager, Executive , New York, Connecticut
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