Development Manager - Commercial Real Estate Banking (CREB) - Community Development Banking
About The Position
The Development Manager supports strategic business initiatives and operational priorities within Community Development Banking and Commercial Real Estate Banking. The role partners with teammates across the country to support financial solutions, development initiatives, and strategic priorities. Community Development Banking supports economic opportunity and community revitalization through investments, financing solutions, and partnerships that help create and preserve affordable and workforce housing. The position serves as a liaison across internal and external stakeholders, coordinating business activities and supporting investment and development processes. It also partners across functions, monitors business performance, supports operational and compliance requirements, and identifies opportunities to improve efficiency and effectiveness. The position is based at Bank of America Tower Chicago in Chicago, Illinois, and is listed as first shift with 40 hours per week. Bank of America describes its approach as an in-office culture with role-specific flexibility based on responsibilities and business needs.
Requirements
- At least 2 years of experience supporting strategic initiatives, project management, governance, or risk activities within a financial services organization.
- Experience coordinating strategic work across multiple stakeholders, business partners, or organizational functions.
- Experience developing reports, presentations, analyses, or business recommendations for executive management review.
- Ability to manage multiple priorities and deliver results within established deadlines.
- Analytical and problem-solving skills, including the ability to identify issues and recommend solutions.
- Verbal and written communication skills, including experience presenting information to business partners or executive leadership.
- High school diploma, GED, secondary school education, or equivalent.
Nice To Haves
- Experience supporting Community Development Banking, Commercial Real Estate Banking, Global Commercial Banking, Global Risk, Strategy, or related business functions.
- Experience with governance, controls, compliance, audit, or operational risk processes.
- Experience supporting process improvement, organizational effectiveness, or business transformation initiatives.
- Experience creating management reporting, dashboards, metrics, or performance analyses.
- Skills in business analytics, business development, pipeline management, portfolio analysis, reporting, stakeholder management, project management, process improvement, strategic planning, change management, governance and controls, data analysis, relationship building, risk management, and operational excellence.
Responsibilities
- Lead business initiatives and project activities that support strategic objectives and operational priorities.
- Partner with stakeholders across multiple lines of business to drive alignment, execution, and issue resolution.
- Coordinate internal documentation, approvals, funding requests, audits, and other business processes in accordance with established policies and procedures.
- Support governance, operational risk, compliance, and control activities across the business.
- Analyze business processes and recommend improvements to enhance efficiency, effectiveness, and organizational performance.
- Develop reporting, presentations, and business insights to support leadership decision-making.
- Monitor project timelines, deliverables, risks, and dependencies to support successful implementation of initiatives.
- Support business reviews, execution tracking, pipeline management, and partner engagement activities.
Benefits
- Benefits eligibility, including access to paid time off and employee resources and support.
- Eligibility to participate in an annual discretionary incentive plan, with awards based on individual performance and behaviors, line-of-business or group performance, and overall company success.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
