Job Description: Bank of America’s Community Development Banking (CDB) group is seeking a Sr.
Relationship Manager to join our Los Angeles 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.
Bachelor’s Degree (Master’s 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