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Commercial Real Estate Credit Officer
Commercial Real Estate Credit Officer-March 2024
San Francisco
Mar 21, 2025
ABOUT MERRILL
Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals and businesses. We focus on helping all clients pursue the
10,000+ employees
Financial Services
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About Commercial Real Estate Credit Officer

  Job Description:

  Role Overview:

  The CREB Credit Officer is the primary credit relationship contact with the client. The Credit Officer leads credit originations/modifications and is directly responsible to coordinate and collaborate with client management, syndications (as needed), and credit risk. The Credit Officer, along with an assigned Underwriter, will work directly with clients from initial assessment, deal structuring, final credit approval, legal document negotiations and closing. The Credit Officer will also advise CREB Portfolio Management with any post-closing actions if needed and manage credit actions as they arise from portfolio monitoring. The Credit Officer is a member of the CREB market team and is aligned to LOB regions/markets and is assigned a portfolio of clients. The Credit Officer is typically an individual contributor who reports to the Market Credit Executive and holds credit approval authority. The Credit Officer maintains knowledge of other BofA products including Investment Banking and Treasury Management and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect. The role is balanced between analysis of clients and prospects and their industries, design and execution of solutions, and the active management of asset quality. Client facing, the Credit Officer collaborates with the Relationship Manager, Treasury Solutions Officer, and other product partners, when needed, to assess client needs, design integrated solutions and deliver the bank to clients and prospects. Successful candidates will possess functional expertise (CRE underwriting/structuring, Credit Facility Agreement negotiations with Legal Counsel), strong written and verbal communication skills, and will have demonstrated strong performance with a focus on collaboration, driving operational excellence and the ability to influence leaders, peers, and clients.

  Functional Role Description:

  Lead the Origination/Modification/Structuring of Credit FacilitiesManage underwriting, credit approval process, portfolio management.Engage legal counsel / Lead document review and closing process with Underwriter assistance.

  Role Qualifications:

  5+ years' experience in commercial real estate credit/financing.Must have proficient experience in financial analysis, structuring, underwriting and portfolio management, strong communication and analytical/technical skills, including financial accounting, modeling and loan structuring and documentation.3+ years' experience in Banking or financial lending institution, not required but a plus.Familiarity with core banking products.Understanding of the regulations that govern Banking and CRE lending.Maintains knowledge of other banking products including Investment Banking, Interest Rate Hedging, and Treasury Management that have credit exposure, and leverages product expertise to deliver the best possible and optimally integrated strategic solution for the client or prospect.

  Leadership Competencies:

  Demonstrates strong business and financial acumen, while acting ethically and responsibly at all timesEnsures self and others maintain a strong focus on client needsManages client relationships in a manner that makes it easier to do business with our companyLeads the delivery of practical, innovative solutions to clients that meet their individual needsDemonstrates and encourages collaboration, connection and teamwork within and beyond his/her teamFocuses on and recognizes team successActively builds and sustains long-term relationships, both internally and externally, based on mutual trustIntellectually curious; constantly seeks to learn and advance his/her knowledgeRemains positive and focused during times of pressure, adversity, or changeResilient; quickly adjusts behaviors in order to be successful.Effective communication skills, both written and oral, using clear, concise and simple languageDemonstrates a bias for action and a commitment to achieving sustainable resultsMakes timely and fact-based decisionsEnsures rigorous thinking and analysis have been used when making a decision

  This position can be filled as a Credit Officer or Credit Underwriter

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

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