Full-Time

Relationship Banker

Washington DC Market

Bank of America

Bank of America

10,001+ employees

Global banking, investing, and wealth management

Compensation Overview

$25 - $27.88/hr

Washington, DC, USA

In Person

Office-based attendance is required, with specific in-office requirements.

Bachelor's, Associate's

Category
Finance & Banking (1)
Required Skills
Sales

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Requirements
  • A high school diploma, General Educational Development credential, secondary school qualification, or equivalent is required.
  • Ability to collaborate effectively, build and nurture strong relationships, and communicate confidently with clients.
  • Ability to identify client solutions, educate clients on self-service banking technologies, and apply critical thinking and problem-solving skills.
  • Ability to learn and adapt to new information and technology platforms.
  • Ability to follow established processes and guidelines while adhering to applicable laws and regulations.
  • Ability to manage time and capacity efficiently and work weekends or extended hours as needed.
Responsibilities
  • Execute the bank's risk culture and pursue operational excellence.
  • Build relationships with clients to meet their financial needs.
  • Follow established processes and guidelines in daily activities while adhering to applicable laws and regulations.
  • Grow business knowledge and networks by partnering with experts in small business, lending, and investments.
  • Manage financial center traffic, appointments, and outbound calls effectively.
  • Drive the client experience.
  • Manage cash responsibilities.
Desired Qualifications
  • Experience in financial services and knowledge of financial services products and solutions.
  • One year of successful sales experience in a salary-plus-incentive environment with individual sales goals.
  • Six months of cash-handling experience.
  • Vietnamese or Spanish language ability.
  • A bachelor's degree or business-relevant associate degree in business management, business administration, or finance.

Bank of America provides a full range of financial services to individuals, small businesses, and large corporations, including banking, investing, asset management, and risk management products. Customers access services via branches, online and mobile banking, and advisory and trading capabilities across consumer banking, wealth management, corporate and investment banking. Its breadth, scale, and global reach enable cross-service solutions and large-scale operations that few peers match. Its goal is to be a trusted, full-service financial partner helping customers manage money, grow assets, and navigate risk.

Company Size

10,001+

Company Stage

IPO

Headquarters

Charlotte, North Carolina

Founded

1904

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Simplify Jobs

Simplify's Take

What believers are saying

  • July 14, 2026 Q2 profit hit $9.1 billion, with revenue up 15%.
  • Global Markets posted record equities trading, and investment banking fees jumped 50% in Q2.
  • March 10, 2026 Erica drove 30 billion client interactions, proving digital scale and retention.

What critics are saying

  • March 2026 Epstein settlement extends BofA's conduct overhang and legal costs.
  • August 17, 2026 Mexican bond-rigging settlement shows recurring litigation exposure in markets businesses.
  • Branch closures and the Elma, New York layoffs signal relentless headcount compression and morale damage.

What makes Bank of America unique

  • Bank of America pairs 56 million U.S. relationships with top consumer deposits on April 15, 2026.
  • Merrill and Private Bank AI meeting tools cut advisor prep time on March 26, 2026.
  • Q2 2026 trading, investment banking, and wealth diversified revenue across four major franchises.

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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

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

-6%

2 year growth

-6%
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Bank of America analyst Wamsi Mohan maintained an Underperform rating on HP Inc. with an $18 price target, implying roughly 40% downside from the current share price. HP reports fiscal third-quarter earnings on 26 August. The bank expects HP's Personal Systems revenue to rise about 8% year over year in the quarter, helped by pricing and market-share recovery. Preliminary data showed HP regaining worldwide PC share in the second calendar quarter after losing ground earlier. However, BofA warns that margin pressure could intensify. The bank forecasts Personal Systems operating margin falling to 4.3% in fiscal Q3 and 3.9% in Q4. Higher memory costs and pricing that lags rising component costs are expected to weigh on profitability before conditions improve in fiscal 2027.

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Bank of America maintained its Buy rating on Capital One Financial with a $253 price target, representing 11.3% upside potential. The rating comes as Capital One integrates its Discover acquisition, completed in May 2025. Capital One's domestic credit card loans totalled $258.9 billion in July, growing 1.92% year-over-year, down from 2.58% growth in June. BofA analyst Mihir Bhatia expects loan growth to remain subdued until integration headwinds clear. Despite slower card growth, credit quality improved. The domestic card net charge-off rate fell 26 basis points to 4.12%, outperforming historical averages. Auto loans showed stronger momentum, growing 12.05% annually to reach $90.5 billion. BofA cited expected expense synergies, capital-return potential, and improving credit trends as reasons for its positive outlook, despite risks from economic uncertainty and regulatory concerns.

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Bank of America backs Medtronic as cardiac ablation unit posts 78% growth

Bank of America has maintained a Buy rating on Medtronic with a $95 price target, citing expectations for strong fiscal first-quarter results when the medical-device maker reports on 1 September. The company finished fiscal 2026 with $9.8 billion in fourth-quarter revenue, up 6.6% organically. Medtronic's Cardiac Ablation Solutions division posted 78% global revenue growth and 124% growth in the US, gaining eight percentage points of market share. Bank of America analyst Travis Steed expects similar growth rates to continue, potentially pushing results toward the upper end of management's 6% to 6.5% organic revenue growth guidance. However, concerns remain about sustaining momentum. Bank of America estimates CAS currently adds about three percentage points to total growth, making an eventual slowdown significant.

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Bank of America boosts XRP holdings by 77%, now holds $94M in crypto ETFs

Bank of America has increased its cryptocurrency holdings through exchange-traded funds, according to its latest 13F filing with the US Securities and Exchange Commission. The bank now holds $94 million in net exposure to Bitcoin, Ethereum, and XRP through ETFs. The Wall Street bank boosted its XRP holdings to 13,260 shares of the Volatility Shares XRP ETF during the second quarter. It also increased its Bitcoin exposure by 77%, raising its stake in BlackRock's iShares Bitcoin Trust ETF to 1.72 million shares from 972,590 shares. However, Bank of America trimmed its holdings in crypto companies. It reduced its stake in Strategy from 3.96 million shares to 1.17 million shares and completely exited its positions in American Bitcoin and the Solana ETF.