Full-Time

Business Banking Senior Relationship Manager

Posted on 12/12/2024

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

Fintech
Financial Services

Compensation Overview

$140k - $185kAnnually

+ Discretionary Incentive

Senior

Oakland, CA, USA

Category
Commercial Banking
Finance & Banking
Required Skills
Sales
Investment Banking

You match the following Bank of America's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 5+ years experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector required
  • Management of an extensive portfolio of clients with annual revenues of $5-$50 million
  • Proven track record of sales, prospecting new business and enhancing existing relationships
  • Ability to understand and interpret financial statements and cash flow analysis to assess and analyze financial conditions of companies and industry trends
Responsibilities
  • Manages an extensive portfolio of complex clients and prospects with annual revenues of $5-50 million and helps companies save, borrow, and invest for their current and future needs
  • Acquires, deepens, and maintains profitable client relationships through sales, prospecting and enhancing existing relationships
  • Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
  • Collaborates with local market stakeholders and teammates throughout the bank, including Investment Banking, Foreign Exchange, and Wealth Management and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services in order to design and deliver financial solutions to clients and prospects
  • Leads and facilitates dialogue with a variety of complex clients and prospects regarding topics such as the client and prospect industry, alternative capital structures, and general business issues
  • Coaches and mentors peers, while utilizing leadership skills
  • Adapts to changes in sales practices and broader market and industry conditions as needed
Desired Qualifications
  • Bachelor’s degree in Business, Finance or Economics preferred or equivalent relevant work experience

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company has a significant presence in the U.S., serving around 56 million consumer and small business accounts. It is recognized as a leading wealth management firm and excels in corporate and investment banking as well as trading. What sets Bank of America apart from its competitors is its extensive network and comprehensive suite of services that cater to various customer needs. The company's goal is to help clients achieve their financial objectives through tailored solutions and expert guidance.

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1904

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital banking enhances Bank of America's online platforms.
  • ESG investing trend allows Bank of America to attract environmentally conscious investors.
  • AI integration in customer service reduces operational costs and improves customer experience.

What critics are saying

  • Increased competition in the credit facility market may impact market share.
  • Partnerships in volatile markets like ride-sharing expose Bank of America to risks.
  • Involvement in large-scale credit facilities increases exposure to sector-specific risks.

What makes Bank of America unique

  • Bank of America is a global leader in corporate and investment banking.
  • The bank serves approximately 56 million U.S. consumer and small business relationships.
  • It is among the world's leading wealth management companies.

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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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