Sr. Relationship Manager (Community Development Banking – San Francisco)
Posted on: 11 Apr 2021
San Francisco, CA
Job Description
Job Description:
Bank of Americas Community Development Banking (CDB) group is seeking a Sr. Relationship Manager to join our San Francisco team. CDB is part of the Commercial Real Estate Bank (CREB) and is committed to building stronger and healthier neighborhoods in low- and moderate-income communities by providing financing solutions, including equity investments, to for-profit and non-profit developers of affordable multifamily housing.
The Relationship Manager will be responsible for supporting the overall community lending and investing business, including marketing and coordinating the delivery of community development financing, associated banking products and services to bank clients. Candidate MUST have prior commercial real estate lending experience; affordable housing financing experience a plus.
In conjunction with internal partners, the relationship manager will work with existing and prospective clients to create financing strategies for the development of affordable housing, community revitalization and rehabilitation. Act in an advisory capacity to assist clients in accessing all areas of the bank to meet clients financial needs. Develop strong working relationships with senior leaders in the affordable housing industry, CDFIs, tax credit investors, syndicators, municipalities, state agencies, intermediaries, and consultants. Proficiency with real estate development and finance, sponsorship analysis, project financial analyses and familiarity with a range of financial products and services. *Position may be filled as a Sr. Relationship Manager or a Relationship Manager, depending on experience and qualifications.
Required Skills
* Minimum 5+ years-experience working within Commercial Real Estate, Community Development.
* Bachelors Degree (Masters degree a plus).
* Excellent communication and presentation skills.
* Strong knowledge of real estate fundamentals and underwriting, as well as sales training/skills.
* Must possess the flexibility to travel throughout the region in support of clients.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.
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IndustryBanking/Financial Services
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No. of Employees205,000
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Website
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Jobs Posted2694
