Bank of America CREB Underwriter in Chicago, Illinois
Washington, District of Columbia;Chicago, Illinois
Minimum of five years of experience underwriting debt and/or equity for affordable rental housing projects financed using the federal low-income housing tax credit program
Knowledge of the primary functions of the Community Development Banking teams at Bank of America
Familiarity with core financial products used by developers of affordable rental housing
Adept at gathering and analyzing market data for affordable rental housing
Understanding of the regulations that govern affordable housing lending and/or investing
Evidence of experience and skill in quantitative analysis in debt and/or equity for affordable rental housing, including the use and interpretation of complex models; taxable and tax-exempt financing; GAAP and tax accounting treatment; and permanent financing, both government and private
Knowledge of other BofA products including Investment Banking, Interest Rate Hedging, and Treasury Management, leveraging this product expertise to deliver the best possible and optimally integrated strategic solution for the client
Experience in underwriting equity using the federal historic tax credit program a plus
Demonstrates strong business and financial acumen, while acting ethically and responsibly at all times
Ensures self and others maintain a strong focus on client needs
Manages relationships, both internally and externally, in a manner that makes it easier for the client to do business with our company
Contributes to the delivery of practical, innovative solutions to clients that meet their individual needs
Demonstrates and encourages collaboration, connection and teamwork within and beyond his/her team
Actively builds and sustains long-term relationships, both internally and externally, based on mutual trust
Intellectually curious, constantly seeks to learn and advance his/her knowledge and experience
Remains positive and focused on the job at hand during times of pressure, adversity, or change
Resilient, quickly adjusting behaviors in order to be successful.
Effective communication skills, both written and oral, using clear, concise and simple language
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1st shift (United States of America)
Hours Per Week:
Learn more about this role
Manages People: No
Travel: Yes, 15% of the time
Talent Acquisition Contact:
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