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Bank Of America Commercial Associate - Global Banking/Community 
United States, New York, New York 
533862231

12.07.2024

Job Description:

The CA position is a developmental role for future client-facing associates, specifically relationship management 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:

  • 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 CDB coverage teams, focusing on enhancing new and existing relationships. Identifies opportunities to provide financial products/services and/or relevant strategic advice to CDB 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 North Region 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.

:

  • Undergraduate Degree in Accounting, Finance, Real Estate, City or Urban Planning or related area preferred
  • Minimum 2 years previous experience which provided exposure to financial analysis, credit underwriting, modeling and project management
  • Demonstrated interest in affordable housing or community development.
  • 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)

1st shift (United States of America)