Credit Advisor - Global Wealth & Investment Management

Bank of America • Chicago, IL

3d • $126,000 - $250,000 • Onsite

About The Position

At Bank of America, the Credit Advisor works within Global Wealth & Investment Management (GWIM) Credit to develop and manage Commercial Real Estate (CRE) credit relationships with strategic wealth clients. The role drives funded loan balances and revenue growth while increasing profitability, managing existing portfolios, and educating Advisors on lending solutions and risk appetite. It applies credit expertise and thought leadership to structure solutions for ultra-high-net-worth clients.

The role supports CRE product strategy, process optimization, training, field marketing, portfolio management, deal review, and credit approval across assigned markets and client segments. It evaluates complex opportunities, including sponsor, collateral, market, cash-flow, valuation, and structural risks; recommends terms and mitigants; and facilitates timely escalation and decision-making. The executive partners with Product and Underwriting leadership to promote consistent execution under applicable lending guidelines, procedures, and policies, and identifies recurring product, process, policy, and training needs while monitoring asset-quality trends.

Working across Sales, Underwriting, Portfolio Management, and Servicing, and with Merrill and Bank of America Private Bank leadership and Advisors, the role serves as a CRE credit subject-matter expert and helps optimize product delivery. The position is based in an in-office culture, with role-specific flexibility according to responsibilities and business needs. It is a first-shift role with 40 hours per week. The stated annualized salary range is $126,000–$250,000, with offers determined by experience, education, and skill set. The role is eligible for an annual discretionary incentive plan and benefits, including paid time off.

Requirements

• 10+ years of progressively responsible CRE lending, underwriting, credit approval, or related commercial credit experience.
• Demonstrated experience evaluating, structuring, and approving complex CRE transactions across multiple property types.
• Strong knowledge of property cash-flow analysis, valuation, sponsor and market assessment, loan structuring, portfolio management, and risk mitigation.
• Executive-level written and verbal communication skills, including presenting complex credit matters to senior leadership and Risk.
• Ability to influence across Advisors, Underwriting, Risk, Portfolio Management, Operations, and senior leadership while managing multiple priorities in a fast-paced environment.

Nice To Haves

• Experience serving high-net-worth clients in Wealth Management, Private Bank, or a similar platform.
• CRE product management, product strategy, underwriting guidance, lending policy, process improvement, or professional training experience.
• Knowledge of regulatory, risk-management, and portfolio-governance considerations applicable to CRE lending.
• Bachelor’s degree in Finance, Accounting, Real Estate, Economics, Business, or a related field.

Responsibilities

• Lead growth of funded loans and revenue while mitigating risk and adhering to regulatory requirements.
• Develop, deepen, and sustain relationships with market leadership, Advisors, and clients, building credibility.
• Create a client-centric culture through in-depth client knowledge, timely renewals, issue resolution, competitive deal structuring, and serving as the key point of contact for credit clients.
• Educate key partners and Advisors on platform capabilities and risk appetite to increase engagement and penetration.
• Partner and collaborate with Advisors, Underwriting, Risk, Operations, and Portfolio Management to deliver a seamless client experience.
• Maintain asset quality within defined Global Wealth and Investment Management risk-appetite limits.
• Serve as the primary CRE credit resource, providing competitive structuring, issue resolution, and a consistent client experience.
• Evaluate complex CRE transactions across sponsor strength, collateral fundamentals, market conditions, cash flow, valuation, and structure; recommend appropriate terms and mitigants.
• Monitor assigned markets and portfolio segments for emerging risks, asset-quality trends, and growth opportunities, and communicate actionable insights.
• Partner with Product and Underwriting leadership on policy, process, product, and training improvements that strengthen execution and the client and employee experience.
• Support CRE product strategy, process optimization, training, field marketing, portfolio management, deal review, and credit approval across assigned markets and client segments.
• Facilitate timely escalation and decision-making for complex credit opportunities and promote consistent execution under applicable lending guidelines, procedures, and policies.

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Eligibility for an annual discretionary incentive award based on individual performance and behaviors, line-of-business or group performance and contributions, and overall company success

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed