ASO/VP, Trader - CRE

Bank of America; New York (NY); On-site; USD 110,000 - 225,000; Full time

Job summary

Bank of America seeks a junior/mid-level role on their CRE trading desk, focusing on risk management and trading strategies within a fast-paced environment. Candidates should be passionate about commercial real estate with relevant experience, ready to contribute to a growing team. The position offers a competitive salary, industry-leading benefits, and opportunities for professional growth.

Benefits

Industry-leading benefits

Paid time off

Qualifications

• 3-6 years of experience in commercial real estate, investment banking, or related fields preferred.
• Ability to thrive in a fast-paced trading environment.
• Strong motivation and eagerness to learn.

Responsibilities

• Analyze and price CRE loans and CMBS bonds.
• Facilitate and manage the closing process for CRE loan portfolios.
• Prepare sales presentations for potential clients.

Skills

Analytical skills

Quantitative skills

Detail-oriented

Team player

Education

Bachelor’s degree

Job description

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

Pay Transparency details

US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$110,000.00 - $225,000.00 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.