• Job Description

  Req#: 24016495

  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!

  The Credit Products Associate works closely with the Credit Product Officers to drive the underwriting and credit approval process for new originations and renewals, and bears increased responsibility for the completion of portfolio monitoring routines. Maintains and enhances financial analysis and portfolio management skills developed as an Analyst, and develops the depth of knowledge necessary to model new situations. Expands understanding of deal structures and documentation issues. Provides coaching and direction of Analysts. Contributes to the completion of more complex transactions and works independently on more routine assignments. May be assigned primary responsibility on a limited number of accounts with senior officer oversight. Continues to demonstrate commitment, personal responsibility, strong communication skills, teamwork, and a strong desire to grow and develop. The Real Estate Corporate Banking Credit Products Associate plays a key role in underwriting, portfolio monitoring, and performance reporting for loans and other credit risk exposure to large corporate real estate clients including public REITs, real estate fund sponsors, and public homebuilders. The RECB Associate works alongside Credit Officers and product partners from Corporate and Investment Banking, Loan Syndications, Risk, Treasury Management, Traded Products, Legal, and others with a focus on bilateral and syndicated REIT credit facilities that may be unsecured or secured, as well as subscription line financing for select institutional real estate asset managers.

  Job Responsibilities:

  • Analyzing financial statements (primarily public company), capital structures, commercial real estate assets / portfolios and deal structures to produce documents in support of company specific and portfolio level decisions on a timely basis
  • Proficient use of internal tools and systems in support of new deals, portfolio monitoring, performance reporting and data integrity requirements
  • Solid understanding of capital and client profitability concepts, including modeling credit and relationship returns in support of risk / return considerations
  • Comprehension of fundamental legal and underwriting concepts as they relate to deal structures

  Required Qualifications:

  • 2 + years of commercial / corporate banking credit related experience
  • Must have proficient financial analysis skills
  • Must have proficient Microsoft Office Suite skills

  Skills:

  • Financial Analysis
  • Written Communications
  • Analytical Thinking
  • Attention to Detail
  • Customer and Client Focus
  • Due Diligence
  • Oral Communications
  • Prioritization

  Minimum Education Requirement: BA Degree in Finance, Accounting, Economics or related major

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

• 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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