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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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 directing credit activities for Private Wealth geographic markets, including underwriting, risk analysis, approvals, and monitoring credit quality. Key responsibilities include managing a team of 12–18, overseeing credit exposure in the region, and developing talent. Job expectations include exercising significant credit approval authority, advising on complex transactions, and balancing risk with growth and profitability goals.

Responsibilities:

• Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals.
• Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
• Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
• Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
• Allocates and manages resources across the organization to drive short and long term profitability
• Inspects and manages the health of the bench to ensure succession for the organization, while coaching to sustain organizational performance and supporting enterprise talent needs.
• Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Required Qualifications:
•    10+ years of commercial or wealth lending credit experience
•    Established, proactive leader with strong interpersonal skills, polish, and executive presence
•    A leader in managing talent: selection, development and coaching
•    Strong time and operational management skills
•    Strong verbal and written communication skills
•    Strong problem-solving skills and the ability to influence others while building strong partnerships and retaining credibility

Desired Qualifications:
• Commercial Credit training strongly preferred
• Undergraduate and Graduate degree preferred

Skills:

• Business Development
• Negotiation
• Profitability Analysis
• Prospecting
• Relationship Building
• Active Listening
• Business Acumen
• Client Management
• Customer and Client Focus
• Loan Structuring
• Influence
• Pipeline Management
• Portfolio Management
• Problem Solving
• Sales Strategy

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)

Pay and benefits information

Pay range

$175,000.00 - $275,000.00 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.