Real Estate Corporate Banking Credit Products Analyst/Associate

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:

The Real Estate Corporate Banking Credit Products Analyst / Associate plays a key role in underwriting, portfolio monitoring, and performance reporting for loans and other credit risk exposure to large corporate real estate clients including public REITs, global real estate fund sponsors, and public homebuilders.  The RECB Analyst / Associate works alongside Credit Officers and product partners from Corporate and Investment Banking, Loan Syndications, Risk, Treasury Management, Traded Products, Legal, and others with a focus on bilateral and syndicated unsecured REIT credit facilities, as well as subscription line financing for select institutional real estate asset managers.

The Analyst / Associate works closely with the Credit Product Officers to drive the underwriting and credit approval process for new originations and renewals of multiple product types (trading, loan, treasury), and bears increasing responsibility for the completion of portfolio monitoring routines. Active participation in transactions is expected with expanding understanding of deal structures and documentation issues. Opportunities to provide coaching and direction of new Analysts will grow with experience and Associates may be assigned primary responsibility on a limited number of accounts with senior officer oversight.

Responsibilities:

• Analyzing financial statements (primarily public company), capital structures, commercial real estate assets / portfolios and deal structures to produce documents in support of company specific and portfolio level decisions on a timely basis
• Proficient use of internal tools and systems in support of new deals, portfolio monitoring, performance reporting and data integrity requirements
• Solid understanding of capital and client profitability concepts, including modeling credit and relationship returns in support of risk / return considerations
• Comprehension of fundamental legal and underwriting concepts as they relate to deal structures

Required Skills:

• 1+ years of commercial / corporate banking credit related experience for the Analyst. 3+ years of commercial / corporate banking credit related experience for the Associate
• Must have proficient Microsoft Office Suite skills

Desired Skills:

• Undergraduate degree in finance, accounting, economics, or similar preferred
• Demonstrated commitment and personal responsibility
• Strong communication skills
• Ability to manage multiple tasks at a time
• A strong desire to grow and develop
• Team-oriented attitude

Skills:

• Analytical Thinking
• Credit and Risk Assessment
• Written Communications
• Attention to Detail
• Oral Communications
• Policies, Procedures, and Guidelines
• Underwriting
• Customer and Client Focus
• Legal Structures and Legal Forms
• Loan Structuring
• Prioritization

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

Shift:

Hours Per Week: