Special Assets Group Corp​/Comm Senior Portfolio Officer​/Portfolio Officer

Special Assets Group Corp/Comm Senior Portfolio Officer/Portfolio Officer

New York, New York;

Dallas, Texas;
Charlotte, North Carolina

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** To proceed with your application, you must be at least 18 years of age.*
* Acknowledge ( )

** Bank of America employees are required to meet all*
* ** posting eligibility requirements*
* ** prior to applying for any new position.*
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* Job Description:

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* At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

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Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

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* Job Description:

*
* The
** Special Assets Group (SAG) Corp/Comm Senior Portfolio Officer/Portfolio Officer
** is an individual contributor responsible for supporting the management of a portfolio of criticized/distressed commercial credit exposures for our GCIB and GM business lines (AMRS /LATAM). The role is central to protecting the bank's interests by developing and executing workout and resolution strategies focused on reducing the volatility and severity of losses and, where possible and appropriate, to maximize revenue and growth opportunities through rehabilitation and retention of client relationships

** Responsibilities:*
* + Support and/or manage a portfolio of high‑risk, criticized, or distressed commercial credit exposures, including complex corporate and syndicated/agented transactions.

+ Develop and execute workout and resolution strategies tailored to each credit situation (e.g., amendments, restructurings, forbearance, enforcement, exit planning), including scenario analysis and recovery assessments.

+ Serve as a primary point of contact (as assigned) for loan related communications with borrowers, sponsors, bank participants, internal partners, and internal/external legal counsel; support negotiations and coordination across multi lender bank groups.

+ Monitor borrower performance, financial condition, covenant compliance, and collateral position; identify emerging risks, recommend timely risk rating actions, and escalate issues appropriately.

+ Prepare and/or support credit approval documentation (memos, strategy recommendations, risk assessments, covenant/structure analyses) and present materials to senior leadership/approval forums as needed.

+ Support asset quality forecasting, portfolio monitoring, and management reporting routines to ensure accurate and timely visibility into portfolio trends and key risks.

+ Ensure compliance with internal credit policies and applicable regulatory requirements.

+ Collaborate closely with internal stakeholders (Corporate & Investment Banking teams, Risk, Finance, Operations) and external parties (counsel, advisors, bank groups) to drive outcomes and protect the Bank's position.

+ Coach and mentor junior associates on the team to help develop credit and corporate workout skills.

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* Required Qualifications:

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* + 4+ years of experience in corporate workout, credit restructuring, or related risk management experience.

+ Demonstrated experience in syndicated and agented credit transactions, including multi-lender coordination and documentation support.

+ Strong credit underwriting and analysis capabilities, including risk rating, structuring, covenant assessment, and complex capital structures.

+ Analytical/technical skills, including financial accounting, modeling and loan structuring.

+ Strong communication skills with the ability to influence vertically…