- Career Center Home
- Search Jobs
- Business Banking Relationship Manager/Senior Relationship Manager-Grand Rapids, MI
Results
Job Details
Explore Location
Bank of America
Grand Rapids, Michigan, United States
(on-site)
Posted
25 days ago
Bank of America
Grand Rapids, Michigan, United States
(on-site)
Job Type
Full-Time
Job Function
Other
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. 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!
Role Overview:
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+ years of experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector
- Experience managing 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
- Referral Identification
- Financial Analysis
- Leadership Development
- Loan Structuring
- Risk Management
- Regulatory Compliance
- Pipeline Management
- Referral Management
- Credit Documentation Requirements
*This position is posted as a Senior Relationship Manager but is flexible and can be filled as a Relationship Manager if the posted qualifications are met by a strong, less experienced candidate.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Job ID: 75159163
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 2,700 lending centers, 2,600 financial cen...
View Full Profile
More Jobs from Bank of America
Technology Delivery Lead, Global Banking & Investment Banking Technology
Tokyo, Japan
1 day ago
Client Services Representative II - Retail Banking - 2nd shift
Phoenix, Arizona, United States
1 day ago
Client Services Representative II - Retail Banking - 1st shift
Phoenix, Arizona, United States
1 day ago
Jobs You May Like
Median Salary
Net Salary per month
$4,295
Cost of Living Index
64/100
64
Median Apartment Rent in City Center
(1-3 Bedroom)
$1,983
-
$2,867
$2,425
Safety Index
56/100
56
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$100
-
$295
$118
High-Speed Internet
$35
-
$99
$58
Transportation
Gasoline
(1 gallon)
$3.41
Taxi Ride
(1 mile)
$3.22
Data is collected and updated regularly using reputable sources, including corporate websites and governmental reporting institutions.
Loading...