Business Banking Sr Relationship Manager - LA Metro Market

Bank of America
Los Angeles, CA Full Time
POSTED ON 3/25/2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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 $5-50 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 experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector required
  • Management of an extensive portfolio of clients with annual revenues of $5-$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

Desired Qualifications:

  • Bachelor’s degree in Business, Finance or Economics preferred or equivalent relevant work experience

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

Salary.com Estimation for Business Banking Sr Relationship Manager - LA Metro Market in Los Angeles, CA
$101,685 to $144,536
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs with skills like those required for the Business Banking Sr Relationship Manager - LA Metro Market.

Click the checkbox next to the jobs that you are interested in.

  • Account Management Skill

    • Income Estimation: $65,170 - $100,056
    • Income Estimation: $70,583 - $105,247
  • Banking Products Skill

    • Income Estimation: $60,014 - $106,707
    • Income Estimation: $67,847 - $94,592
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Bank of America

Bank of America
Hired Organization Address Newark, DE Full Time
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the p...
Bank of America
Hired Organization Address Wilmington, DE Full Time
Job Description: Job Description At Bank of America, we’re guided by a common purpose to help make financial lives bette...
Bank of America
Hired Organization Address Honolulu, HI Full Time
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the p...
Bank of America
Hired Organization Address Billings, MT Full Time
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the p...

Not the job you're looking for? Here are some other Business Banking Sr Relationship Manager - LA Metro Market jobs in the Los Angeles, CA area that may be a better fit.

Sr. Relationship Manager

Sumitomo Mitsui Banking Corporation (SMBC), Los Angeles, CA

ED, Middle Market Relationship Manager-San Fernando Valley

Sumitomo Mitsui Banking Corporation (SMBC), Encino, CA