Associate, Structuring – Real Estate Structured Finance Group

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:

Bank of America Merrill Lynch is seeking an Associate for the Real Estate Structured Finance Group in Newport Beach.  Daily activities include financial modeling of commercial real estate properties, market research, credit evaluation of financing opportunities and co-managing transaction closings with senior underwriters and originators.

The Global Markets business offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. Global Markets product coverage includes securities and derivative products in the primary and secondary markets.

GMSP is responsible for originating, structuring and securitizing bonds backed by various types of collateral to provide liquidity and funding to a wide range of financial institutions, public companies, and financial sponsors; providing secured asset-based financing; advising financial institutions on asset and platform acquisitions and dispositions; and opportunistic lending situations.

RESF focuses on the origination, structuring and distribution of Commercial Mortgage-Backed Securities (CMBS) which are typically backed by Bank of America originated loans collateralized by all commercial real estate property types across the US and Canada. RESF also focuses on commercial mortgage balance sheet lending, commercial real estate backed CLOs and securities underwriting for institutional clients.  RESF’s team is based in New York with additional offices in Charlotte, Newport Beach, Seattle, Atlanta, Chicago and Austin.

This job is responsible for performing financial and statistical analyses, conducting research, and participating in specific client and deal teams. Key responsibilities include developing client presentations and structuring and execution activities.

Responsibilities:

• Analysis of commercial real estate properties and the markets they are located
• Credit underwriting for CMBS and balance sheet facilities
• Assist in preparing transaction presentations for senior management
• Help facilitate and manage loan closings
• Origination pipeline administration

Skills:

• Bachelor's Degree
• Min 3 years of experience in commercial real estate, mortgage brokerage, corporate finance, commercial or investment banking or related field
• Strong financial modeling skills specifically with Microsoft Excel.  Argus a plus
• Strong business writing acumen with experience in creating sales or credit presentations
• Able to work well in a fast-paced, dynamic environment that requires executive thinking and problem solving.
• Must be collaborative and comfortable communicating in a team oriented environment
• Highly motivated and able work independently

Shift:

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