Residential Real Estate Sr. Sales Associate

Bank of America; Chicago (IL); On-site; USD 87,000 - 138,000; Full time

Benefits offered by this job

Benefits eligible

Discretionary incentive plan

Job summary

Bank of America is seeking a Residential Real Estate Sr. Sales Associate to monitor loan portfolios for Private Bank/Merrill Lynch clients, handling mortgage products from basic to highly customized arrangements.

You will work closely with specialists to structure and price loans while engaging clients directly and following through on the loan process. The role requires 4–10 years of residential mortgage/HELOC experience in the high-net-worth arena, plus knowledge of product, compliance,

Qualifications

• Residential mortgage/HELOC experience in the HNW arena (4–10 years)
• Compliance with Federal and State policies and HMDA requirements
• SAFE Act registration required for residential mortgage loan originations

Responsibilities

• Monitor loan portfolios for Private Bank/Merrill Lynch clients across mortgage products
• Structure and price mortgage arrangements in collaboration with specialists
• Interact directly with clients and serve as primary contact for follow-up throughout the loan process
• Identify cross-sell opportunities within Bank of America relationships

Skills

Attention to Detail

Client Experience Branding

Collaboration

Interpret Relevant Laws, Rules, andReg

Pipeline Management

Account Management

Credit Documentation

Customer and Client Focus

Oral Communications

Prioritization

Client Management

Financial Analysis

Issue Management

Problem Solving

Recording/Organizing Information

Education

High School Diploma / GED / Secondary School or equivalent

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Residential Real Estate Sr. Sales Associate -

The Residential Rest Estate Sr. Sales Associate monitors loan portfolios of Private Bank/Merrill Lynch clients, specific to mortgage products ranging from basic to highly customized arrangements. Possesses a high degree of mortgage knowledge including product, compliance, underwriting, and collateral requirements. Works closely with the Residential Real Estate Specialist, PCAs, PCMs and FAs in structuring and pricing. Interacts directly with clients. Serves as primary contact with client for all necessary follow up and information throughout the loan process. Explores opportunities to further/deepen the client's relationship by leveraging all areas within BAC. Looks for potential cross sell opportunities. Previous residential mortgage/HELOC experience in the HNW arena required (minimum 4-10 years), and regulatory requirements demonstrating a commitment to professional ethics by complying with all Federal and State compliance policies and HMDA requirements. This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Skills

• Attention to Detail
• Client Experience Branding
• Collaboration
• Interpret Relevant Laws, Rules, and Regulations
• Pipeline Management
• Account Management
• Credit Documentation Requirements
• Customer and Client Focus
• Oral Communications
• Prioritization
• Client Management
• Financial Analysis
• Issue Management
• Problem Solving
• Recording/Organizing Information

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

For internal employees: participation in a work from home posture does not make you eligible to post.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Los Angeles - 2049 Century Park E - CENTURY CITY MAIN OFFICE (CA9159), US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 Ncd (CA6814), US - CA - Pleasanton - 4900 Hopyard Rd - 4900 Hopyard Rd (CA4808), US - CA - San Francisco - 555 California St - Bofa Center - 555 California (CA5705), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - NY - New York - 114 W 47th St - 114 W 47th St - Ust (NY8114)

Pay and benefits information

Pay range

$87,100.00 - $138,400.00 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.