Commercial Associate - Commercial Real Estate
Company: Disability Solutions
Location: New York
Posted on: October 14, 2024
Job Description:
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!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.Responsibilities:
- 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.Qualifications:
- Bachelor's Degree in Accounting, Finance, or related area (or
equivalent experience)
- 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
- Knowledge and proficiency of internal/external programs such as
Navigator, GUS, Cape, Pitchbook, Factset, SalesForce, etc
- Licensing may be required (will support the employee thru
registration process if needed)
- Completion of Commercial Credit Training Program
preferredSkills:
- 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 ManagementShift:1st shift (United States of America)Hours
Per Week: 40Pay Transparency detailsUS - NY - New York - ONE BRYANT
PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits
informationPay range$85,000.00 - $125,000.00 annualized salary,
offers to be determined based on experience, education and skill
set.Discretionary incentive eligibleThis role is eligible to
participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company.BenefitsThis role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Disability Solutions, New York , Commercial Associate - Commercial Real Estate, Accounting, Auditing , New York, New York
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