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!
Bank of America’s Community Development Banking (CDB) group is seeking a Commercial Associate to join our West Region Relationship Management team covering clients in the California, Southwest and Pacific Northwest. CDB is part of the Commercial Real Estate Bank (CREB) and is committed to building thriving communities throughout the nation by providing over $6.5B per year in debt and equity investment financing solutions to for-profit and non-profit developers of affordable multifamily rental housing. This position can be located in Los Angeles or San Francisco and will report to the West Region Market Executive.
The Commercial Associate (CA) position offers a steep learning curve, focused on enhancing business development skills and proficiency in the financial services/products which support our Community Development Bank clients' objectives. The role affords the opportunity to work with many product and enterprise partners throughout the organization. Primary responsibilities of the CA include working with Relationship Managers and their coverage teams to support the delivery of comprehensive financial services/products and consultative advice to our Community Development Banking clients. Additionally, the CA works with the Bank’s Enterprise Credit team on transaction and client underwriting as needed.
The CA position is a developmental role for future community development banking roles, specifically underwriting opportunities within CDB. 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 Community Development Banking Team. Primary roles and responsibilities include:
Required Skills:
Shift:
1st shift (United States of America)Hours Per Week:
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