SAG Portfolio Officer
Company: Bank of America
Location: Providence
Posted on: August 4, 2022
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Job Description:
Job Description:The Special Asset Group manages the high
risk/criticized or distressed commercial loan portfolio for Bank of
America. This position focuses primarily on the workout, collection
and rehabilitation of commercial loans originated by Business
Banking. Business Banking serves mid-sized U.S.-based companies
with annual revenues between $5 million and $50 million.The SAG
Portfolio Officer is responsible for the resolution of the bank's
criticized asset portfolio with particular emphasis on medium size,
moderately complex relationships. The individual will be the
primary contact for both internal and external communications
associated with the loans in his/her assigned portfolio. The
successful candidate will be directly involved in workout
strategies and negotiations and typically has prior
workout/commercial loan experience or educational and other
accomplishments that are indicative of a highly motivated
individual with strong advancement potential. A SAG Portfolio
Officer also serves as the bank officer in legal
actions.Required/Desired:
Keywords: Bank of America, Providence , SAG Portfolio Officer, Other , Providence, Rhode Island
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