• Bank of America
  • $66,930.00 -112,010.00/year*
  • Philadelphia , PA
  • Financial Services - Banking/Investment/Finance
  • Full-Time
  • 1103 Market St


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Job Description:

The Relationship Manager (RM) is responsible for managing a portfolio of commercial relationships who require financial services and products to meet their needs. In addition to being the primary point of contact and key financial advisor for the client, the RM is accountable for relationship selectivity, acquisition and deepening existing relationships through cross-selling, driving relationship profitability and satisfaction. RMs develop credibility and demonstrate the ability to dialogue with a variety of client contacts including business owners, Treasurers, CFOs and CEOs regarding topics such as the client industry, alternative capital structures, and general business issues. RMs understand their clients business fully, serve as an advocate for the relationship within the bank and act as a trusted advisor for their relationships. RMs develop the overall relationship strategy through a thorough analysis of risks, opportunities and impacts to the bank, and is responsible for leading and coordinating client team members in the execution of the Client Management Process. The RM leads the relationship team and partners with credit, treasury and other BofAML product partners to ensure quality assessment of the relationship and prospect needs and integrated design and execution of financial solutions. The RM is expected to consistently network in the community and with centers of influence.

Job can be filled as Business Banking Senior Relationship Manager or Relationship Manager depending on candidate experience.

Qualifications

* 5 to 7 years of commercial banking and lending experience in the Business Banking or Middle Market sector.
* Demonstrated management of an extensive portfolio of clients with annual revenues of $5 - $50 million.
* Proven track record of prospecting new business and enhancing existing relationships. Proven sales skills and experience. Must be able to assess and analyze financial conditions of clients and the industry trends. Ability to understand and interpret financial statements and cash flow analysis required.
* Must have excellent verbal and written communication skills and demonstrated leadership ability. Familiarity with sales force automation, such as ACT and other systems, a plus.
* Undergraduate degree preferred in business, finance or economics preferred.
* Capable of organizing, facilitating, leading and negotiating with team of bank associates to solve client issues.
* Completion of formal credit training preferred.

Posting Date: 07/19/2019

Location: Philadelphia, PA, FOUR PENN CENTER, 1600 JFK BLVD, Blue Bell, PA, 4 SENTRY PKWY (PA7504), - United States

Travel: No

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shift


Associated topics: collection analyst, loan, loan officer, loan originator, mortgage officer, mortgage originator, mortgage servicing officer, officer, personal banker i, personal banker iii

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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