Commercial Real Estate Credit Officer

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!

This job is responsible for serving as the primary credit relationship contact and maintaining ongoing relationships with credit clients. Key responsibilities include working with clients to design and execute credit solutions, leading new credit originations in collaboration with client management, credit risk, and syndications, and advising the Commercial Real Estate Banking portfolio group on any post closing credit actions as needed. Job expectations may include driving operational excellence and influencing leaders, peers, and client.

Responsibilities:

• Manages the underwriting of secured and unsecured transactions to Commercial Real Estate clients, including Real Estate secured construction and term debt, tax credit equity investments, unsecured corporate revolvers, bridge financing, commercial agency warehouse lines, and subscription lines
• Oversees the requisite due diligence once a credit opportunity is mandated, preparing the approval request documents, receiving final loan approval on a timely basis, and participating in the loan closing process
• Leads new credit originations and structures loans in collaboration with the relationship coverage team, products partners, Risk, Syndications, and Treasury
• Manages the end-to-end process for loan modifications and extensions on existing loans including structuring, due diligence, gaining approval, and closing
• Assists and advises the Commercial Real Estate Banking portfolio group on any post closing actions, as needed

Skills:

• Credit and Risk Assessment
• Customer and Client Focus
• Loan Structuring
• Oral Communications
• Written Communications
• Analytical Thinking
• Legal Structures and Legal Forms
• Presentation Skills
• Prioritization
• Relationship Building
• Attention to Detail
• Collaboration
• Strategic Thinking
• Underwriting

Required Qualifications:

• 5+ years’ experience in Commercial Real Estate Credit/financing.
• Must have proficient experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring and documentation.
• Familiarity with core banking products.
• Solid understanding of the regulations that govern Banking and CRE lending.
• Working knowledge of other banking products including Investment Banking, Interest Rate Hedging, and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect.

Minimum Education Requirement: BA Degree desired but not required

Shift:

Hours Per Week: