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Specialty Asset Management (SAM) Associate III

Dallas, Texas

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

Manages most advanced & complex portfolio within a given segment of specialty assets, i.e., the real estate, oil & gas, farm & ranch, timberland and private businesses group. Partners closely with Private Bank relationship/client managers - provides creative solutions to complex customer/asset needs.

Core responsibilities include:

+ Provide deep subject matter expertise on commercial and residential real estate properties.

+ Direct and oversee a team of external real estate Asset Managers for assets held within Fiduciary accounts to ensure best-in-class client service.

+ Provide fiduciary oversight and approvals for activities related to client’s real estate holdings to ensure clients’ best interests are top priority and asset enhancement activity is ongoing.

+ Trouble shoot and facilitate efficient problem-solving on issues related to client service and real property assets.

+ Facilitate communication with the client team and clients on material changes impacting asset performance.

+ Collaborate with client facing teams and internal business groups to educate the field on specialty asset management capabilities, and support business development activities.

+ Adhere to compliance and regulatory processes and procedures.

+ Support and/or lead ad-hoc projects and initiatives.

Required qualifications:

+ 5+ years hands on experience working with fiduciary accounts and commercial real estate.

+ Excellent communication skills, both written and oral

+ Demonstrated passion for delivering exceptional client service

+ Ability to develop and maintain collaborative relationships both internally and with external clients

+ Skilled in multi-tasking and managing priorities effectively

+ Ability to identify and escalate issues

+ Team Player

+ Ability to adapt to a rapidly changing and fast paced business and technology environment

+ Proven ability to operate effectively in a matrix organization with the ability to work under pressure with tight deadlines

+ Proficiency with Microsoft Office Suite (Word, Excel and PowerPoint) and Microsoft Outlook.

Desired qualifications:

• Knowledge of real estate and investment concepts preferred.

• Knowledge and experience working with Fiduciary relationships and OCC regulations

• BA/BS degree preferred.

• Real Estate credentials (e.g. CCIM).

Skills:

+ Collaboration

+ Decision Making

+ Issue Management

+ Prioritization

+ Strategic Thinking

+ Critical Thinking

+ Customer and Client Focus

+ Oral Communications

+ Project Management

+ Written Communications

+ Active Listening

+ Adaptability

+ Analytical Thinking

+ Continuous Improvement

+ Innovative Thinking

**Minimum Education Requirement:** High School Diploma / GED / Secondary School or equivalent

For internal employees; participation in a work from home posture does not make you ineligible to post.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.