Job Information
Bank of America Commercial Associate - Commercial Real Estate in Mclean, Virginia
Commercial Associate - Commercial Real Estate
Mclean, Virginia
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!
Job Description:
This job is responsible for delivering analytical research and developing innovative strategies to support client/prospects' needs. Key responsibilities include working closely with various banking partners to help create client/prospect presentations and providing support throughout the course of the transaction. Job expectations include leveraging data to help tell stories, uncovering valuable insights such as economic updates, markets forecasts, new business reports, and industry valuations to inform important business decisions.
The CA position is a developmental role for future client-facing associates, specifically relationship management opportunities within Commercial Real Estate. The role provides exposure to and knowledge of real estate finance, debt products, tax credit equity investments, treasury solutions and other Bank products and processes. Position may be hired as a Commercial Associate I, II or III dependent upon experience.
The Commercial Associate participates as an integral member of the Commercial Real Estate Banking Team. Primary roles and responsibilities include:
Develops comprehensive financial, industry, economic, client and transaction analyses and presentations to facilitate relationship management strategy.
Collaborates with Relationship Managers, product partners, coverage team members and clients to facilitate delivery of Bank products and services.
Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews.
Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products.
Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
Responsible for business analytics to support Commercial Real Estate coverage teams, focusing on enhancing new and existing relationships.Identifies opportunities to provide financial products/services and/or relevant strategic advice to Commercial Real Estate clients and prospects.
Monitors and reviews activities across multiple product portfolios in order to identify opportunities in anticipation of client needs.
Works closely with the Market Executive to support business planning and strategy routines including pipeline management, forecasting, process reviews and new initiative oversight.
Serves as subject matter expert to the client team for credit, equity and Treasury sales tools.
Connects with peers across CREB to help share best practices.
Required Skills :
Minimum 2 years previous experience which provided exposure to financial analysis, credit underwriting, modeling and project management
Demonstrated interest in commercial real estate.
Possesses outstanding interpersonal and critical thinking skills, the ability to work independently and a self-motivated drive for excellence.
Strong written and verbal communication skills
Demonstrated ability to quickly develop competencies around complex new tasks and responsibilities.
Strong work ethic with a focus on being proactive, thorough and collaborative.
Advanced experience with Microsoft Office (Outlook, Word, Excel, PowerPoint)
Possesses strong analytical and modeling skills
Possesses understanding of corporate financial statements
Demonstrates strong critical thinking
Licensing may be required (will support the employee thru registration process if needed)
Responsibilities:
Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviews
Collaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client deals
Observes and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit products
Observes and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processes
Supports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transaction
Supports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunities
Skills:
Continuous Improvement
Data Visualization
Relationship Building
Client Management
Data and Trend Analysis
Financial Analysis
Project Management
Referral Identification
Business Development
Client Solutions Advisory
Market Analysis
Pipeline Management
Risk Management
Minimum Education Requirements:
- Undergraduate Degree in Accounting, Finance, Real Estate, or equivalent work experience.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Bank of America
-
- Bank of America Jobs