Credit Executive I-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:
Accountable for helping to design and deliver credit solutions and for underwriting, structuring and negotiating these solutions for regional geographies or specialty businesses. Partners closely with client-facing teammates in many lines of business in the bank, including the Global Investment Bank, Global Commercial Bank and Business Banking, to consult on sales opportunities, and provide the product expertise and consultation necessary to deliver the best possible solution to the client. Manages highly complex portfolios with multiple businesses.

This job is responsible for managing a team tasked with designing and delivering credit solutions, including underwriting, structuring, and negotiating for Business Banking customers covered under our regional credit delivery model. Key responsibilities include (i) partnering with client-facing teams in Business Banking to consult on opportunities and provide product expertise, and (ii) managing a team of regionally-based underwriters who are primarily responsible for credit analysis, credit approval, and credit portfolio management. This role reports directly to the head of Business Baking Credit.

Job Responsibilities:
• Drives responsible loan growth for larger Business Banking credits

·  Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals.

• Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.

• Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.

• Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.

• Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.

• Efficiently allocates and manages resources across the organization to drive short and long term profitability.

• Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.

• Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals.
• Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
• Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
• Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
• People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
• Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
• Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
• Driver of Business Outcomes: Mo