What are the responsibilities and job description for the ASO/VP, Trader - CRE position at Bank of America?
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 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!
Job Description:
This job is responsible for managing risk and developing trading activities with limited direction from senior staff. Key responsibilities include proactively maintaining and building client relationships, supporting clients with buying and selling financial products, and developing and implementing trading strategies to achieve revenue goals. Job expectations include having in-depth knowledge of risk management, hedging, and trading strategies as well as market characteristics.
An opportunity to join an industry leading CRE trading desk at a Tier 1 investment bank. This junior/mid-level role would work alongside the senior loan/credit trader to analyze and price credit opportunities across a variety of mortgage products, including CRE whole loans and CMBS conduit/SASB securities. The role places a large emphasize on identifying, underwriting, and pricing the risks of CRE credit. We would anticipate this candidate to be a key contributor as the desk looks to grow an already strong footprint in the CRE whole loan and credit business. The ideal candidate will have 3-6 years of experience in commercial real estate, investment banking or related fields.
Role Responsibilities
- Analysis of commercial real estate properties and the markets they are located
- Underwrite and price CRE loans and CMBS bonds, including both performing and non-performing loans
- Help facilitate and manage the closing process for both the buying and selling of CRE loan portfolios
- Assist in preparing sales presentations for existing and potential clients
Skills
- Bachelor’s degree
- 3-6 years of experience in commercial real estate, investment banking or related field is preferred
- Be comfortable in a fast paced, high-volume trading and structuring role
- Be highly motivated, eager to learn and extremely detail oriented
- Have a strong analytical and quantitative skillset
- Be a team player
Shift:
1st shift (United States of America)Hours Per Week:
40
