Bank of America
Asset Manager-Community Development Banking
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Job Description
- Req#: 25024759
- Identifying, classifying, quantifying and mitigating Risk
- Monitor the Development Phase of the Asset through Conversion and Stabilization
- Review all General Partner requests
- Review and Analyze Quarterly financials, Tax Returns and Audits
- Prepare semi-annual Watched Asset Reports and present during Watched Asset Meetings
- 5+ years of Affordable housing experience with an emphasis on Asset Management
- Strong understanding of Audits and Tax Returns
- Strong understanding of Capital Accounts
- Strong negotiation skills
- Strong communication and interpersonal skills
- Ability to identify and find resolution to Compliance issues
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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
Senior member of Asset Management Team. Works in a team environment collaborating closely with senior deal team members during the closing of equity Investment opportunities. Will maintain a continuing role in the Asset Management and performance monitoring of all active Investments.
Responsible for the oversight and management of various Syndicator relationships. Analyzing all Capital Transactions such as Refinancing and Year 15 Dispositions. Review Partnership Amendment requests and collaborate on Compliance issues
Job Responsibilities:
Required Qualifications:
Skills:
· Customer and Client Focus
· Financial Analysis
· Prioritization
· Written Communications
· Analytical Thinking
· Attention to Detail
· Decision Making
· Portfolio Management
· Collaboration
· Presentation Skills
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $88,200.00 - $162,500.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.About the company
Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
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