Residential Real Estate Specialist

About the role

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. The Residential Real Estate Specialist (RRES) is the primary source of expertise for UHNW (Ultra High Net Worth) clients to deliver solutions for their complex and unique needs in financing residential real estate.

Working in concert with the client team to ensure a holistic approach, the RRES facilitates structure and pricing of the product(s) that best fits the clients' overall financial objectives. In addition, he/she works with the client and client team to obtain all financial documentation necessary. The RRES works closely with partners within the product to ensure a smooth process, while communicating effectively and consistently with the client and client team throughout the process. The RRES serves as the product champion, communicating product, policy, and program enhancements to client managers/advisors.

This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. You will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities

• Demonstrate strong credit/underwriting skills with a deep level of mortgage product knowledge, and an ability to work within GWIM custom mortgage guidelines.
• Serve as the market expert in your geographic market, understanding market values and trends, as well as how to sell against the competition.
• Act as the product champion, communicating product, policy, and program enhancements to client managers/advisors.
• Work closely with partners within the product to ensure a smooth process while maintaining consistent communication with the client and client team.
• Facilitate structure and pricing of mortgage products that align with clients' financial objectives.
• Obtain all necessary financial documentation from clients and client teams.

Requirements

• Minimum of 10 years' experience in sales/underwriting within the residential real estate wealth management business.
• High School Diploma / GED / Secondary School or equivalent (Bachelor's degree preferred).
• 10+ years’ experience with High Net Worth/Ultra High Net Worth segment.
• SAFE Act registration and compliance required.

Skills

• Excellent written and verbal communication skills.
• Strategic, critical thinker with experience in resource planning and process improvement.
• Self-starter who can handle multiple projects and adjust to a changing environment.
• Proven ability to work in a fast-paced environment under pressure with confidentiality.
• Highly organized and detail-oriented.
• Strong relationship management skills; proactively building and maintaining relationships across a variety of constituents.
• Resourceful with proven ability to assume a leadership role in resolving issues and driving solutions with minimal direction—operates well in ambiguity.
• Client Experience Branding, Customer and Client Focus, Loan Structuring, Client Management, Consulting, Credit and Risk Assessment, Financial Analysis, Issue Management, Attention to Detail, Collaboration, Executive Presence, Presentation Skills, Prioritization.

Schedule

1st shift (United States of America), 40 hours per week.