Senior Credit Manager - Commercial Real Estate Banking

Bank of America • Washington, DC

1d • Onsite

About The Position

This job is responsible for leading a group of managers who drive the client credit and tax equity relationship, including the full credit process and leading parts of the credit deal lifecycle such as application, structuring, approval, due diligence, documentation, closing, and monitoring. Key responsibilities include partnering with originations, portfolio management, and asset management teams, providing credit and tax equity credit expertise, and ensuring policy compliance, data accuracy, and timely execution.

Requirements

• 10+ years of experience in commercial real estate credit, with significant exposure to Low Income Housing Tax Credit (LIHTC) transactions across originations, underwriting, portfolio, or asset management
• Credit Documentation Requirements
• Decision Making
• Executive Presence
• Loan Structuring
• Risk Management
• Analytical Thinking
• Collaboration
• Oral Communications
• Prioritization
• Underwriting
• Business Acumen
• Client Solutions Advisory
• Coaching
• Hiring and Onboarding
• Written Communications

Nice To Haves

• Bachelor's Degree in Finance, Accounting, Real Estate, or similar fields
• Deep transactional experience with LIHTC deal structures and credit considerations
• Credit Trained

Responsibilities

• Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations
• Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success
• Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization
• Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance
• Allocates and manages resources efficiently across the organization to drive short and long term profitability
• Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage
• Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals
• Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs
• Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance
• Efficiently allocates and manages resources across the organization to drive short and long term profitability
• Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization
• Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage
• Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations

Benefits

• Access to paid time off
• Resources and support to our employees
• Discretionary incentive eligible
• Annual discretionary award based on individual performance, line of business performance, and overall company success

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree