Specialty Asset Management (SAM) Associate III

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
Manages most advanced & complex portfolio within a given segment of specialty assets, i.e., the real estate, oil & gas, farm & ranch, timberland and private businesses group. Partners closely with Private Bank relationship/client managers - provides creative solutions to complex customer/asset needs.

Core responsibilities include:

• Provide deep subject matter expertise on commercial and residential real estate properties.

• Direct and oversee a team of external real estate Asset Managers for assets held within Fiduciary accounts to ensure best-in-class client service.

• Provide fiduciary oversight and approvals for activities related to client’s real estate holdings to ensure clients’ best interests are top priority and asset enhancement activity is ongoing.

• Trouble shoot and facilitate efficient problem-solving on issues related to client service and real property assets.

• Facilitate communication with the client team and clients on material changes impacting asset performance.

• Collaborate with client facing teams and internal business groups to educate the field on specialty asset management capabilities, and support business development activities.

• Adhere to compliance and regulatory processes and procedures.

• Support and/or lead ad-hoc projects and initiatives.

Required qualifications:

• 5+ years hands on experience working with fiduciary accounts and commercial real estate.

• Excellent communication skills, both written and oral

• Demonstrated passion for delivering exceptional client service

• Ability to develop and maintain collaborative relationships both internally and with external clients

• Skilled in multi-tasking and managing priorities effectively

• Ability to identify and escalate issues

• Team Player

• Ability to adapt to a rapidly changing and fast paced business and technology environment

• Proven ability to operate effectively in a matrix organization with the ability to work under pressure with tight deadlines

• Proficiency with Microsoft Office Suite (Word, Excel and PowerPoint) and Microsoft Outlook.

Desired qualifications:

·         Knowledge of real estate and investment concepts preferred.

·         Knowledge and experience working with Fiduciary relationships and OCC regulations

·         BA/BS degree preferred.

·         Real Estate credentials (e.g. CCIM).

Skills:

• Collaboration

• Decision Making

• Issue Management

• Prioritization

• Strategic Thinking

• Critical Thinking

• Customer and Client Focus

• Oral Communications

• Project Management

• Written Communications

• Active Listening

• Adaptability

• Analytical Thinking

• Continuous Improvement

• Innovative Thinking

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

For internal employees; participation in a work from home posture does not make you ineligible to post.

Shift:

Hours Per Week: