Market Solutions Advisor Business Banking

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 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. The current scope includes supporting Business Banking clients with revenues between $20 $50 million.

Responsibilities:

• Help market identify unmet credit needs and strategic opportunities

• Serves as part of BB Market Leadership team helping to develop and drive credit strategy

• Assists RMs with credit prospect identification review and prioritization (Top 5-10)

• Review credit progress against business plan with BB Market Executives and BB Sales Performance Support Executives

• Educate and coach 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)

• Review credit production success through measurement on growth report and other pipeline reports against business plan with BB Market Executives and BB Sales Performance Support Executives

• Participates in RM and market growth plan discussions credit portfolio assessment meetings pre-call planning and client/prospect meetings

• Demonstrates a commitment to Responsible Growth and credit risk appetite

Required Qualifications:

• Proven track record of executing credit sales strategies that contribute to balance sheet growth

• 5 Years of Commercial Credit and Sales experience with effective client facing sales skills

• 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 & external network for self-sourcing new credit opportunities.

Desired Qualifications:

• Minimum of a BA/BS degree required; Finance Accounting or Economics majors are preferred.

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:

Hours Per Week: