Credit Officer - Commercial Real Estate Banking

CREB Credit Officer (CO)

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

CREB Credit Officer (CO) is the primary credit relationship contact with the client. The CO leads credit originations / modifications and is directly responsible to coordinate and collaborate with client management, syndications (as needed), and credit risk. The CO, along with an assigned Underwriter (UW), will work directly with clients from initial assessment, deal structuring, final credit approval, legal document negotiations and closing. The CO will also advise the CREB Portfolio Management with any post-closing actions if needed and manage credit actions as they arise from portfolio monitoring. The CO is a member of the CREB market team and is aligned to LOB regions / markets and is assigned a portfolio of clients. The CO is typically an individual contributor who reports to the Market Credit Executive. The CO holds credit approval authority. The CO maintains knowledge of other BofA products including Investment Banking and Treasury Management and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. The role is balanced between analysis of clients and prospects and their industries, design and execution of solutions, and the active management of asset quality. Client facing, the CO collaborates with the Relationship Manager (RM), Treasury Solutions Officer (TSO), and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects. Successful candidates will possess functional expertise (CRE underwriting / structuring, Credit Facility Agreement negotiations with Legal Counsel), strong written and verbal communication skills, and will have demonstrated strong performance with a focus on collaboration, driving operational excellence and the ability to influence leaders, peers, and clients.

Responsibilities :

• Lead the origination / modification / structuring of credit facilities
• Manage underwriting, credit approval process, portfolio management.
• Engage legal counsel / Lead document review and closing process with Underwriter assistance.

Required Qualifications :

Desired Qualifications :

Skills :

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 $125,000.00 - $200,000.00 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.