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 serving as a solution expert and advisor for Business Banking clients within a market to maximize credit results. Key responsibilities include identifying and analyzing market opportunities to offer/deepen credit with clients and prospects, and advising Relationship Managers (RMs) on credit solutions by providing extensive general industry knowledge, credit expertise, product and process management, sales, and client experience support. The Market Solutions Advisor will join client meetings with the market RMs and MEs, participate in client management process routines focused on driving responsible loan growth and partner with the RM and the credit team closing the deal with the regional and centralized credit partners.

Responsibilities:

• Helps market identify unmet credit needs and strategic opportunities, to drive increased credit production
• Key liaison with Business Banking (BB) Market Leadership helping to develop and drive credit strategy
• Assists RMs with credit prospect identification, review and prioritization (Top 5-10), as well as joint sales calls
• Reviews credit progress and production success against business plan with BB Market Executives and BB Sales Performance Support Executives, measuring through growth and pipeline reports
• Educates and coaches the market on credit solutions and growth opportunities, help with pre-screen, deal development, and reviews CEF
• Maintains routines and partners closely with regional and centralized credit managers, and credit specialists (SBA, ABL, GovCon, Equipment Finance, Rates, etc.)
• Demonstrates a commitment to Responsible Growth and credit risk appetite

Required Qualifications:

• 5+ Years of Commercial Credit and Sales experience with effective client facing sales skills
• Proven track record of executing credit sales strategies that contribute to balance sheet growth
• Ability to communicate effectively throughout the organization and build strong relationships among  Relationship Managers,  Risk, Credit Partners, Product Partners and Leadership 
• Strong decision making skills coupled with the ability to communicate rationalization of loan decisions both in verbal and written form
• Strong understanding of the end-to-end credit process
• Understanding of various specialized credit solutions, and industry specializations along with established partner relationships
• Attention to detail, accuracy and overall data quality
• Ability to lead effectively and develop and implement strategy, specifically related to credit growth.
• Established internal and external network for self-sourcing new credit opportunities.

Desired Qualifications:

• BA/BS degree desired; Finance, Accounting or Economics majors are preferred.

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

Skills:

• Business Acumen
• Collaboration
• Credit and Risk Assessment
• Problem Solving
• Sales Strategy
• Business Development
• Innovative Thinking
• Legal Structures and Legal Forms
• Market Analysis
• Result Orientation
• Client Management
• Coaching
• Credit Documentation Requirements
• Underwriting
• Written Communications

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CT - New Haven - 157 Church St - New Haven Green (CT2226), US - CT - Stamford - 301 TRESSER BLVD (CT9301), US - NY - White Plains - 360 HAMILTON AVE (NY3360)

Pay and benefits information

Pay range

$155,000.00 - $200,000.00 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.