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Bank of America

Commercial Associate - Commercial Real Estate

Bank of America, Mc Lean, Virginia, us, 22107


Job Description: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. Primary roles and responsibilities include: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 the 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 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 a subject matter expert to the client team for credit, equity, and Treasury sales tools.Connects with peers across CREB to help share best practices.Required Skills:Minimum 2 years previous experience which provided exposure to financial analysis, credit underwriting, modeling, and project managementDemonstrated 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 skillsDemonstrated 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 skillsPossesses understanding of corporate financial statementsDemonstrates strong critical thinkingLicensing may be required (will support the employee through the registration process if needed)Responsibilities:Supports the analysis of market and industry data to uncover insights for client/prospect meetings, pitch books, and relationship reviewsCollaborates with Market Executives, Relationship Managers, and various team members across the bank to help prepare client presentations and support client dealsObserves and/or supports the credit approval process to gain knowledge of credit products and help provide clients with exposure to the bank's credit productsObserves and/or supports the treasury solutions packaging process to gain exposure to treasury products/services and their related approval processesSupports the coordination of clients/prospects and partners from product and deal teams throughout the course of a transactionSupports the delivery of new business analytics and monitors client activities as directed to aid with identifying/expanding relationships and maintaining and/or enhancing business opportunitiesSkills:Continuous ImprovementData VisualizationRelationship BuildingClient ManagementData and Trend AnalysisFinancial AnalysisProject ManagementReferral IdentificationBusiness DevelopmentClient Solutions AdvisoryMarket AnalysisPipeline ManagementRisk ManagementMinimum Education Requirements:Undergraduate Degree in Accounting, Finance, Real Estate, or equivalent work experience.Shift:1st shift (United States of America)

Hours Per Week:40#J-18808-Ljbffr