ASSOCIATE, STRUCTURING - REAL ESTATE STRUCTURED FINANCE GROUP

Associate, Structuring – Real Estate Structured Finance Group page is loaded

Associate, Structuring – Real Estate Structured Finance Group

Apply locations Newport Beach time type Full time posted on Posted 2 Days Ago job requisition id 25019176

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description :

Bank of America Merrill Lynch is seeking an Associate for the Real Estate Structured Finance Group in Newport Beach. Daily activities include financial modeling of commercial real estate properties, market research, credit evaluation of financing opportunities and co-managing transaction closings with senior underwriters and originators.

The Global Markets business offers sales and trading services, including research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. Global Markets product coverage includes securities and derivative products in the primary and secondary markets.

GMSP is responsible for originating, structuring and securitizing bonds backed by various types of collateral to provide liquidity and funding to a wide range of financial institutions, public companies, and financial sponsors; providing secured asset-based financing; advising financial institutions on asset and platform acquisitions and dispositions; and opportunistic lending situations.

RESF focuses on the origination, structuring and distribution of Commercial Mortgage-Backed Securities (CMBS) which are typically backed by Bank of America originated loans collateralized by all commercial real estate property types across the US and Canada. RESF also focuses on commercial mortgage balance sheet lending, commercial real estate backed CLOs and securities underwriting for institutional clients. RESF’s team is based in New York with additional offices in Charlotte, Newport Beach, Seattle, Atlanta, Chicago and Austin.

This job is responsible for performing financial and statistical analyses, conducting research, and participating in specific client and deal teams. Key responsibilities include developing client presentations and structuring and execution activities.

Responsibilities :

• Analysis of commercial real estate properties and the markets they are located
• Credit underwriting for CMBS and balance sheet facilities
• Assist in preparing transaction presentations for senior management
• Help facilitate and manage loan closings
• Origination pipeline administration

Skills :

Shift :

1st shift (United States of America)

Hours Per Week :

Pay Transparency details

US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 Ncd (CA6814)Pay and benefits informationPay range$130,000.00 - $175,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.

About Us

Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.

Regardless of the position you are interested in, the starting points to building your resume are the same :

1.Determine the job or types of jobs you want to do and research their responsibilities and qualifications.

2.Think about why you can do the job and make a list of your skills that are relative to the job.

3.Identify experiences or accomplishments that show your proficiency in the skills required for the job.

4.Summarize your abilities, accomplishments and skills into a brief, concise document.

Considerations when writing a resume

Seven steps to a successful interview

1.Anticipate –Put yourself in the interviewers position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?

2.Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?

3.Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.

4.Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.

5.Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.

6.Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.

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