Sr. Relationship Manager - Commercial Real Estate - Chicago
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We drive Responsible Growth and deliver for our clients, teammates, communities, and shareholders every day. Our inclusive workplace supports every teammate’s success, career growth, and physical, emotional, and financial wellness through affordable, competitive, and flexible benefits. We value diverse perspectives shaped by military service, community college education, and varied work and life experiences, fostering resilience, leadership, and innovation.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development with clear in-office expectations and role-specific flexibility.
About the role
This role is responsible for providing advice and valuable financial solutions to complex Global Commercial Banking clients and prospects. As a Senior Relationship Manager (SRM) on the Commercial Real Estate Team, you will serve as the primary point of contact or trusted advisor, acquiring, deepening, and maintaining profitable relationships. You will collaborate with teammates and facilitate client relationships with Product Specialists to deliver tailored financial solutions.
Responsibilities
- Manages an extensive portfolio of complex clients and prospects with annual revenues of $50 million to $2 billion, helping companies save, borrow, and invest for their current and future needs.
- Acquires, deepens, and maintains profitable client relationships through sales, prospecting, and enhancing existing relationships.
- Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends.
- Collaborates with domestic and international teammates across Investment Banking, Foreign Exchange, and Wealth Management, and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services to design and deliver financial solutions.
- Leads and facilitates dialogue with complex clients and prospects on industry trends, alternative capital structures, and general business issues.
- Coaches and mentors peers while utilizing leadership skills.
- Adapts to changes in sales practices and broader market and industry conditions.
Requirements
- 10+ years of experience in commercial real estate project lending and Institutional Financing.
- Demonstrated sales, marketing, and leadership skills, including the ability to maintain effective working relationships with underwriting partners, portfolio managers, relationship administrators, Credit Risk Managers, support staff, and other associates.
- Credit underwriting skills, presentation and negotiation skills, and an understanding of financial accounting and commercial loan underwriting, including the relationship between credit risk, structure, and pricing.
- Familiarity with interest rate management products, deposit, cash management, and other fee-based products is helpful.
- Excellent verbal and written communication, interpersonal, and organizational skills.
- Securities Industry Essentials (SIE), Series 7 & 63 (must obtain within 180 days of start date).
Skills
- Client Management
- Client Solutions Advisory
- Prospecting
- Relationship Building
- Risk Management
- Financial Analysis
- Leadership Development
- Project Management
- Referral Identification
- Sales Performance Management
- Business Development
- Client Experience Branding
- Continuous Improvement
- Data and Trend Analysis
- Pipeline Management
Qualifications
Bachelor of Business Administration or equivalent degree in Business (Finance, Accounting, Economics, or Real Estate) or equivalent experience.
Schedule
1st shift, 40 hours per week (United States of America).