Credit Advisor - Global Wealth & Investment Management

Bank of America•Charlotte, NC

2d•Onsite

About The Position

At Bank of America, the Credit Advisor in Global Wealth & Investment Management supports Commercial Real Estate lending for strategic wealth clients. The role develops new credit relationships, grows funded loan balances and revenue, manages existing portfolios, and educates Advisors on lending solutions and risk appetite. It applies credit expertise to structure solutions for ultra-high-net-worth clients and partners with Advisors, Underwriting, Risk, product leaders, Portfolio Management, and Servicing and Fulfillment. The role supports product strategy, process optimization, training, field marketing, portfolio management, deal review, and credit approval across assigned markets and client segments. It evaluates complex opportunities by assessing sponsor strength, collateral, market conditions, cash flow, valuation, and transaction structure; recommends terms and mitigants; and helps ensure timely escalation and decision-making. In partnership with Commercial Real Estate Product and Underwriting leadership, it promotes consistent execution under applicable underwriting guidelines, procedures, and policies, monitors asset-quality trends, and identifies product, process, policy, and training needs. The position works across Sales, Underwriting, Portfolio Management, and Servicing, and with Merrill and Bank of America Private Bank leadership and Advisors, to improve product delivery and provide subject-matter expertise on client opportunities. Bank of America describes an in-office culture that supports collaboration, engagement, and career development, with flexibility based on role responsibilities and business needs. The role is based in Chicago, Illinois, is scheduled for first shift, and is listed at 40 hours per week. The annualized salary range is $126,000 to $250,000, with offers based on experience, education, and skill set. The position 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 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.
Experience in CRE product management, product strategy, underwriting guidance, lending policy, process improvement, or professional training.
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 risks and adhering to regulatory requirements.
Develop, deepen, and sustain relationships with market leadership, Advisors, and clients.
Provide a client-centric experience through client knowledge, timely renewals, issue resolution, competitive deal structuring, and service as the key point of contact for credit clients.
Educate Advisors and key partners on platform capabilities and risk appetite to increase engagement and penetration.
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 Commercial Real Estate credit resource, providing competitive structuring, issue resolution, and 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.
Support 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 and promote consistent execution under applicable lending guidelines, procedures, and policies.