Full-Time

Relationship Account Officer

Practice Solutions

Posted on 11/20/2024

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

No salary listed

Junior, Mid

New Albany, OH, USA + 1 more

More locations: Chandler, AZ, USA

Category
Commercial Banking
Finance & Banking
Requirements
  • Strong decision‐making skills and problem‐solving skills
  • Excellent oral and written communication skills
  • Proficient with PC applications
  • Self-motivated and results oriented with excellent organizational skills
Responsibilities
  • Manages the end-to-end process in Practice Solutions by packaging transactions for underwriting and providing specialized financing solutions to select small business owners
  • Builds and deepens relationships based on the client's financial needs and goals
  • Delivers an exceptional client experience by focusing on helping clients build, grow, and expand their business
  • Interacts with multiple departments to support client in closing of the loans
  • Responsible for managing backlog of prospecting clients

Bank of America provides a wide range of financial services, including banking, investing, asset management, and risk management products. It caters to individuals, small and medium-sized businesses, and large corporations, serving around 56 million consumer and small business relationships in the U.S. The company's services include personal banking, credit cards, loans, and investment options. Bank of America stands out from its competitors by being a leading wealth management firm and a major player in corporate and investment banking and trading. The goal of Bank of America is to help clients achieve their financial goals through comprehensive financial solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

Charlotte, North Carolina

Founded

1904

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital banking services boosts Bank of America's online platforms.
  • Growing interest in sustainable finance aligns with Bank of America's ESG initiatives.
  • Fintech partnerships enhance Bank of America's technological capabilities and customer experience.

What critics are saying

  • Increased competition in credit facilities may pressure Bank of America's interest rates.
  • Involvement in large syndicated loans exposes Bank of America to higher credit risk.
  • Shift towards capital raising through share sales may reduce demand for traditional loans.

What makes Bank of America unique

  • Bank of America is a global leader in corporate and investment banking.
  • It serves approximately 56 million U.S. consumer and small business relationships.
  • The bank is a leader in wealth management and financial services.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Flexible Work Hours

Remote Work Options

Professional Development Budget

Conference Attendance Budget

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