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Senior Business Banking Relationship Manager-Raleigh, NC

Bank of AmericaBank of America·Banking and Financial Services

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Posted

91 days

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About the role

Job Description:

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!
 

Job Description:
This job is responsible for providing advice and valuable financial solutions to complex Business Banking clients and prospects. Key responsibilities include serving as the primary point of contact/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:

  • Manages an extensive portfolio of complex clients and prospects with annual revenues of $20-50 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

Required Qualifications:

  • 5+ years experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector

  • Management of an extensive portfolio of clients with annual revenues of $20-$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

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Skills:

  • Business Development

  • Client Experience Branding

  • Client Management

  • Client Solutions Advisory

  • Relationship Building

  • Account Management

  • Financial Analysis

  • Leadership Development

  • Loan Structuring

  • Referral Identification

  • Credit Documentation Requirements

  • Pipeline Management

  • Referral Management

  • Regulatory Compliance

  • Risk Management

Shift:

1st shift (United States of America)

Hours Per Week:

40
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Aplyr's read

Bank of America is a global financial powerhouse, attracting professionals in finance, technology, and management who thrive in a dynamic and expansive environment.

Synthesized from recent postings & public sources

What's promising

  • Bank of America offers diverse career paths with roles in finance, technology, and management.
  • The company invests heavily in technology, enhancing digital banking services and cybersecurity measures.
  • Strong global presence provides employees with opportunities for international career growth.

What to watch

  • The banking industry faces regulatory challenges that can impact operations and job stability.
  • High-pressure work environment may not suit everyone, particularly in client-facing roles.
  • Limited public information about work-life balance initiatives for employees.

Why Bank of America

  • Bank of America is a leader in digital banking innovation, setting industry standards.
  • The company has a robust commitment to diversity, evident in its bilingual role requirements.
  • Offers specialized roles in niche areas like high-yield technology and telecom credit research.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Bank of America

BAC$56.20-0.58%

Bank of America is a multinational banking and financial services corporation that provides a wide range of financial products and services to individual consumers, small and middle-market businesses, and large corporations.

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