Full-Time

Commercial Associate

Commercial Real Estate

Posted on 11/20/2024

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

Fintech
Financial Services

Compensation Overview

$85k - $125kAnnually

+ Discretionary Incentive

Junior, Mid

Seattle, WA, USA + 1 more

More locations: San Francisco, CA, USA

Position will be located in either Seattle, WA or San Francisco, CA.

Category
Real Estate
Real Estate Finance
Required Skills
Financial analysis
Business Analytics
Requirements
  • 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
  • Licensing may be required (will support the employee thru registration process if needed)
  • Undergraduate Degree in Accounting, Finance, Real Estate or equivalent work experience.
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.

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business clients in the U.S. and is recognized as a leading wealth management firm. Additionally, Bank of America is a major player in corporate and investment banking, as well as trading. What sets Bank of America apart from its competitors is its extensive client base and comprehensive service offerings that cater to various financial needs. The company's goal is to help clients achieve their financial objectives through a diverse array of financial solutions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1904

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Simplify's Take

What believers are saying

  • Bank of America is exploring blockchain for faster, secure cross-border payments.
  • The bank collaborates with fintech firms to enhance digital offerings.
  • It invests significantly in cybersecurity to protect customer data and maintain trust.

What critics are saying

  • Increased competition in the credit facility market may impact market share.
  • Large corporations raising capital through share sales could affect traditional banking services.
  • The rise of fintech platforms could disrupt traditional syndicated loan processes.

What makes Bank of America unique

  • Bank of America is a global leader in corporate and investment banking.
  • The company is committed to a $1 trillion sustainable finance goal by 2030.
  • It invests heavily in AI-driven customer service tools for enhanced user experience.

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