Development Manager - Commercial Real Estate Banking (CREB) - Community Development Banking

Bank of America•Chicago, IL
•$104,000 - $123,900•Onsite

About The Position

The Development Manager supports strategic business initiatives and operational priorities within Community Development Banking and Commercial Real Estate Banking. The role coordinates business processes, supports governance and control activities, manages stakeholder engagement, and drives execution of strategic initiatives. It partners with teammates across the country to support financial solutions, development initiatives, and business priorities related to economic opportunity, community revitalization, and affordable and workforce housing. The position acts as a liaison among internal and external stakeholders, helping coordinate business activities and investment and development processes.

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.
  • Monitor business performance and support operational and compliance requirements.
  • Identify opportunities to improve efficiency and effectiveness.

Benefits

  • Paid time off
  • Industry-leading benefits
  • Discretionary annual incentive plan
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