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Job Description:The Real Estate Corporate Banking Credit Products Analyst plays a key role in sponsor and transaction underwriting, portfolio monitoring, and performance reporting for loan and loan equivalent exposure to large corporate commercial real estate clients, including REITs, real estate fund sponsors, and public homebuilders. The RECB Analyst works alongside Credit Products Officers and product partners from Corporate and Investment Banking, Loan Syndication's, Risk, Treasury Management, Traded Products, Legal, and others, with a focus on bilateral and syndicated credit facilities as well as other products that generate credit exposure.Responsibilities include:
Analysis of financial statements, cash flows, capital structures, and commercial real estate assets / portfolios and deal structures to produce Deal Screening Memos (DSMs), Credit Approval Memos (CAMs), Interim Monitoring Documents (IMDs), Risk Rating Scorecards (RRSCs) and other required Credit Products documents on a timely basis
Proficient use of Credit Products tools and systems, including Credit Pricing Tool, Risk Rating Scorecards, Navigator, Workplace, Credit Studio, Regulatory Toolkit, Flood Toolkit, and Mark-to-Market Assessment of Relationship Credit, in support of new deals, portfolio monitoring, and 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
Knowledge of key credit policy concepts, including Commercial Real Estate Banking Credit Policy, Commercial Real Estate Banking Procedures, Approval Grids, Industry Risk Guidance, and Portfolio Underwriting Variances and Analytics
Comprehension of fundamental legal concepts as they relate to deal structures
Familiarity with key regulatory concepts, including Regulation W, High Volatility Commercial Real Estate, Structured Leveraged Transactions, and Leveraged Obligors
Requirements:
Demonstrates commitment, personal responsibility, strong communication skills, ability to manage multiple tasks at a time, teamwork, and a strong desire to grow and develop
Undergraduate degree in finance, accounting, economics, real estate or similar
Work experience in finance or commercial real estate a plus
Posting Date : 05/30/2019Location :Chicago, IL, 135 S LA SALLE ST (IL4135),
United States
Travel : Yes, 5% of the timeFull / Part-time : Full timeHours Per Week : 40Shift : 1st shiftAssistance for Applicants with DisabilitiesBank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .Diversity & InclusionAt Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.Frequently Asked QuestionsNeed to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.
