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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for developing new Commercial Real Estate credit relationships with strategic wealth clients, driving funded loan balances and revenue growth while increasing profitability, managing existing portfolios, and educating Advisors on solutions and risk appetite. Key responsibilities include responsibility for the Commercial Real Estate lending products by partnering with Advisors, Underwriting, Risk, product leaders, Portfolio Management, and Servicing and Fulfillment. Job expectations include applying thought leadership and credit expertise to structure credit solutions to meet ultra-high-net-worth client's needs.

 

The Commercial Real Estate Lending Executive supports product strategy, process optimization, training, field marketing, portfolio management, deal review, and credit approval across assigned markets and client segments. The role evaluates complex opportunities, assesses sponsor, collateral, market, cash-flow, and structural risk, recommends terms and mitigants, and facilitates timely escalation and decisioning. The executive partners with the Commercial Real Estate Product Executive and Underwriting Executive to promote consistent execution under applicable Lending Underwriting Guidelines, product procedures, and policies. The role also identifies recurring product, process, policy, and training needs; monitors asset-quality trends; and supports responsible loan and revenue growth while maintaining long-term risk standards.

 

As part of GWIM Credit, the executive works across Sales, Underwriting, Portfolio Management, and Servicing and with Merrill and Bank of America Private Bank leadership and Advisors to optimize product delivery and serve as a subject-matter expert on client opportunities.

 

Responsibilities

• Leads the growth of funded loans and revenue, while mitigating risks and adhering to regulatory requirements
• Develops, deepens, and sustains relationships with market leadership, Advisors, and clients, while building credibility
• Creates a client-centric culture by applying in-depth knowledge of clients, timely renewals, and issue resolution, and providing competitive deal structuring while serving as the key point of contact for credit clients
• Educates key partners and Advisors on platform capabilities and risk appetite to increase engagement and penetration
• Partners and collaborates with Advisors, Underwriting, Risk, Operations, and Portfolio Management to deliver a seamless client experience

• Maintains asset quality within the defined Global Wealth and Investment Management risk appetite limits
• Serve as the primary CRE credit resource, providing competitive structuring, issue resolution, and a consistent client experience.
• Evaluate complex CRE transactions across sponsor strength, collateral fundamentals, market conditions, cash flow, valuation, and structure; recommend appropriate terms and mitigants.
• Monitor assigned markets and portfolio segments for emerging risks, asset-quality trends, and growth opportunities, and communicate actionable insights.
• Partner with Product and Underwriting leadership on policy, process, product, and training improvements that strengthen execution and the client and employee experience.

 

Required Qualifications

• 10+ years of progressively responsible CRE lending, underwriting, credit approval, or related commercial credit experience.
• Demonstrated experience evaluating, structuring, and approving complex CRE transactions across multiple property types.
• Strong knowledge of property cash-flow analysis, valuation, sponsor and market assessment, loan structuring, portfolio management, and risk mitigation.
• Executive-level written and verbal communication skills, including presenting complex credit matters to senior leadership and Risk.
• Ability to influence across Advisors, Underwriting, Risk, Portfolio Management, Operations, and senior leadership while managing multiple priorities in a fast-paced environment.

 

Desired Qualifications

• Experience serving high-net-worth clients in Wealth Management, Private Bank, or a similar platform.
• CRE product management, product strategy, underwriting guidance, lending policy, process improvement, or professional training experience.
• Knowledge of regulatory, risk-management, and portfolio-governance considerations applicable to CRE lending.
• Bachelor’s degree in Finance, Accounting, Real Estate, Economics, Business, or a related field.

 

 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)

Pay and benefits information

Pay range

$126,000.00 - $250,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This 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.

Benefits

This 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.