SAG Portfolio Officer

Bank Of America; Charlotte (NC); On-site; USD 90,000 - 150,000; Full time

Job summary

Bank of America is seeking a professional to directly manage a high-risk and distressed commercial loan portfolio. You will develop and implement resolution strategies to reduce losses, oversee enforcement actions, and ensure compliance with bank policies and regulatory standards.

The role requires strong financial analysis, credit assessment, and negotiation skills, with the ability to influence senior leaders and manage multiple priorities in a dynamic environment.

Qualifications

• Experience in managing or analyzing distressed commercial credit relationships.
• Strong knowledge of commercial lending, credit analysis, and loan documentation.

Responsibilities

• Develops, negotiates, and implements comprehensive resolution strategies.
• Oversees adversarial collection actions such as litigation, foreclosures, bankruptcies, and receiverships.
• Ensures compliance with bank policies and regulatory standards.
• Monitors asset quality of the portfolio through analysis and adjusts based on conditions.
• Presents updates in portfolio review meetings with clients and stakeholders.
• Establishes and maintains collaborative partnerships with internal and external stakeholders.

Skills

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

Education

High School Diploma / GED / Secondary School or equivalent

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. 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.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
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!

Job Description:

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.

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

Desired Qualifications

• 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.

Skills:

• 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

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40