Full-Time

Relationship Banker

Bank of America

Bank of America

10,001+ employees

Global banking, investing, and wealth management

Compensation Overview

$25 - $26.77/hr

Bloomington, MN, USA + 3 more

More locations: West St Paul, MN, USA | Eagan, MN, USA | Apple Valley, MN, USA

In Person

May be scheduled at any financial center location within a reasonable distance; weekend or extended-hours work may be required.

Bachelor's, Associate's

Category
Finance & Banking (1)
Required Skills
Sales
Risk Management

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Requirements
  • An enthusiastic, highly motivated self-starter with a strong work ethic and focus on results, acting in the best interest of the client.
  • Collaborates effectively to get things done, building and nurturing strong relationships.
  • Displays commitment and drive to deliver an experience that improves clients' financial lives.
  • Identifies solutions for new and existing clients based on their needs.
  • Communicates effectively and confidently and is comfortable engaging all clients.
  • Ability to learn and adapt to new information and technology platforms.
  • Ability to educate clients on conducting simple banking transactions through self-service technologies such as ATMs, online banking, and mobile banking.
  • Applies critical thinking and problem-solving skills to meet clients' needs.
  • Follows established processes and guidelines while adhering to applicable laws and regulations.
  • Efficiently manages time and capacity.
  • Must be able to work weekends and/or extended hours and may be scheduled at any financial center location within a reasonable distance.
  • High school diploma, GED, secondary school education, or equivalent.
Responsibilities
  • Executes the bank's risk culture and strives for operational excellence.
  • Builds relationships with clients to meet financial needs.
  • Follows established processes and guidelines in daily activities, adhering to applicable laws and regulations.
  • Grows business knowledge and network by partnering with experts in small business, lending, and investments.
  • Manages financial center traffic, appointments, and outbound calls effectively.
  • Drives the client experience.
  • Manages cash responsibilities.
Desired Qualifications
  • Experience in financial services and knowledge of financial services industry, products and solutions.
  • One year of demonstrated successful sales experience in a salary plus incentive environment with individual sales goals.
  • Six months of cash handling experience.
  • Bachelor's degree or business-relevant Associate's degree such as 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

  • Q2 2026 equities trading revenue jumped 70%, driving record Global Markets performance.
  • Investment banking fees rose 50% in Q2 2026 as dealmaking rebounded.
  • Wealth advisors began recommending Bitcoin ETF allocations in January 2026, widening product adoption.

What critics are saying

  • The OCC’s December 2024 AML consent order remains unresolved as of August 2026.
  • CFPB scrutiny from the 2023 fake-account and junk-fee case still stains Bank of America.
  • Crypto ETF exposure ties the franchise to volatile Bitcoin and XRP sentiment.

What makes Bank of America unique

  • Q2 2026 revenue reached $31.6 billion, proving Bank of America’s scale.
  • Merrill and Private Bank held $4.9 trillion in client balances in Q2 2026.
  • Global Markets delivered 17 straight quarters of year-over-year sales-and-trading growth.

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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%
Yahoo Finance
Aug 19th, 2026
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.

Yahoo Finance
Aug 18th, 2026
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.

MarketScreener
Aug 18th, 2026
EXL secures $1B credit facility to fuel M&A and shareholder returns

EXL, a global data and AI company, has closed a new $1 billion senior secured credit facility with PNC Bank as administrative agent and a syndicate of lenders. Bank of America, JPMorgan Chase Bank, and TD Bank served as joint lead arrangers. The facility increases EXL's borrowing capacity from $600 million and includes a $400 million term loan and up to $600 million in revolver borrowings. The five-year agreement includes an accordion feature allowing expansion equal to the greater of $470 million or 100% of trailing four-quarter EBITDA, expiring on 18 August 2031. Chief financial officer Maurizio Nicolelli said the expanded debt capacity provides flexibility for targeted mergers and acquisitions whilst continuing to return capital to shareholders under the company's $500 million share repurchase authorisation.

PR Newswire
Aug 18th, 2026
Flexential secures $800M to develop 130+ MW of data centre capacity across four US markets

Flexential has secured an $800 million credit facility to fund data centre development across four US markets. The financing will support more than 130 MW of new capacity, including facilities under construction in Atlanta-Douglasville (36 MW), Portland-Hillsboro (36 MW), and Denver-Parker (22.5 MW). The facility was oversubscribed and increased 60% from an initial $500 million target. It is backed by an 11-bank syndicate, with TD Securities as administrative agent. The funding complements equity investment from Flexential's sponsors, GI Partners and MSIP. CEO Ryan Mallory said the financing enables the company to invest ahead of enterprise and AI-driven infrastructure demand. Flexential operates 40 data centres across 18 markets in the US.

Business Insider
Aug 15th, 2026
Wall Street's biggest banks pour billions into AI with mixed results on returns

Wall Street's largest banks are investing billions in AI, though questions persist about returns on these massive expenditures. JPMorgan leads with a nearly $20 billion annual technology budget, claiming its $2 billion AI investment has already matched costs in savings. The bank tracks how its engineers use AI tools and has deployed its proprietary platform to over 200,000 employees. Goldman Sachs spent $6 billion on technology this year, whilst announcing AI-driven efficiency measures that will slow hiring and reduce some roles. Citigroup takes a bottom-up approach with 4,000 employees trained as AI stewards, reporting nearly 90% staff usage of AI tools. Wells Fargo and Bank of America are also deploying AI across operations, from wealth advisory to code development. Morgan Stanley's partnership with OpenAI saved developers over 280,000 hours in the first half of last year. Despite widespread adoption, JPMorgan CEO Jamie Dimon noted banks don't "uniquely benefit from AI" since everyone now uses it.