Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Bank of America’s Global Commercial Bank (“GCB”) is seeking a high-performing Relationship Manager (“RM”) to support Bank of America Business Capital (“BABC”), the market-leading provider of Asset-Based Lending (“ABL”) solutions as well as the Middle Market Financial Sponsor Group (MMFSG).
MMFSG delivers comprehensive banking solutions to middle-market private equity firms and their portfolio companies. This is a unique, highly visible role that sits at the intersection of ABL and sponsor coverage.
The Relationship Manager will partner closely with Senior Business Development Officers (“BDOs”) and MMFSG coverage bankers to originate and deliver innovative banking solutions for large corporate, middle-market, and lower middle-market clients. These solutions support a wide range of strategic objectives, including organic growth, M&A, recapitalizations, and re-financings.
This role requires strong analytical capabilities, sound credit judgment, and the ability to collaborate across product and coverage teams to drive new business development and deepen client relationships.
This job is responsible for providing advice and valuable financial solutions to Global Commercial Banking clients and prospects. Key responsibilities include serving as the primary point of contact or trusted advisor and acquiring, deepening, and maintaining profitable relationships, collaborating with teammates, and facilitating client relationships with Product Specialists. Job expectations include having knowledge of the bank's products and services in order to identify cross-selling opportunities and increase overall client satisfaction.
Responsibilities:
- Provide analytical support, financial modeling, and strategic insight to senior bankers on prospective and existing clients
- Partner with BDOs and MMFSG bankers to identify new opportunities and drive new-logo growth
- Develop creative, client-specific financing solutions across ABL and sponsor-backed transactions
- Coordinate with internal product partners to deliver integrated, full-service banking solutions
- Support client coverage efforts by helping maximize revenue and strengthen long-term relationships
- Participate in client and prospect meetings, including in-person travel when required
Required Qualifications:
- 5+ years of commercial banking experience, with a strong preference for ABL and/or private equity related experience
- Excellent oral, written, analytical, and credit skills
- Solid understanding of sales organizations and commercial banking processes
- Proven ability to coordinate across multiple partners and functions
- Demonstrated ability to influence and provide thought leadership across teams and business lines
- Willingness and ability to travel for client meetings
- FINRA Series 7, 63 licenses (or willingness to obtain within 180 days of start date)
Skills:
- Client Management
- Client Solutions Advisory
- Prospecting
- Relationship Building
- Risk Management
- Data and Trend Analysis
- Financial Analysis
- Project Management
- Referral Identification
- Sales Performance Management
- Business Development
- Client Experience Branding
- Continuous Improvement
- Leadership Development
- Pipeline Management
Shift:
1st shift (United States of America)
**Hours Per Week: **
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$120,000.00 - $190,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.