Bank Of America Vice President Relationship Manager Global Commercial Banking Korea 

South Korea, Seoul 

798012039

Job Description:

Thirty-four percent of U.S. Fortune 1,000 companies are covered by GCB. Serving one in five middle market companies in the U.S., specialty functions focus on:

• Automotive/vehicle companies
• Commercial real estate firms
• Educational institutions
• Healthcare companies
• Not-for-profit organizations
• Restaurants
• Sports leagues, teams and stadiums
• Technology companies

How you’ll make an impact

A client operating on a global scale with subsidiaries around the world needs a banking partner who can provide local market expertise and understands the concerns and opportunities that each jurisdiction brings. As a subsidiary relationship manager, you’ll deliver this expertise and serve as a client’s local bank advocate and a key financial advisor to deliver solutions from across the whole bank and lead them to success.

As a client’s international specialist, you’ll work closely with company decision-makers, discussing alternative capital structures according to their industry and footprint, assessing risks and impacts from both the client’s and the bank’s perspective, and help develop and implement an overall financial strategy.

Your day-to-day will also include:

• Managing client relationships, growing portfolio revenues and delivering client satisfaction while creating solutions for Korea based subsidiaries of GCB clients.
• Focusing on cross-selling the Bank’s commercial banking products including Credit, Asset Based Lending, Leasing, Supply Chain Finance, Trade Finance, Cash and Liquidity Management, FX and Rates.
• Developing and growing the assigned client relationships through coordination of regular client planning, actively prospecting and working closely with GCB Global & Regional client teams and product partners.
• Monitoring P&L performance of the portfolio assigned, showing full accountability, demonstrating ownership and managing client relationships accordingly.
• Demonstrating value-add to the international client base, combining strong local market knowledge with a detailed understanding of their challenges and opportunities.
• Working with in-country / regional / global banking and credit teams to manage credit exposure, capital commitments & relationship returns. Liaise with Risk & Wholesale Credit partners to manage credit risk of the client portfolio with control and oversight on operational and compliance risk;
• Being the escalation point for nominated clients in the local market, proactively solving issues, escalating appropriately to the business heads in market as well as the GCB ME in region.
• Being an active stakeholder in the development of the GCB APac business, generating ideas, taking ownership and demonstrating leadership as a banker.
• Being an active risk manager and ensure the Bank’s activities are conducted in a compliant and risk free manner.
• Creating a seamless client experience
• Delivering world-class products and services while identifying opportunities to introduce the full capabilities of Bank of America.

What you’ll bring to the team:

• 7+ years of experience in commercial lending, investment banking or relevant financial services businesses.
• An undergraduate degree in business, ideally with a focus in finance or economics (or equivalent work experience).
• Financial modeling experience with the completion of formal credit training, plus strong corporate finance, capital markets, and accounting acumen.
• Passion and desire to work with Commercial banking clients. Proven track record of managing a portfolio of corporate clients, prospecting new business, selling solutions, and closing profitable transactions.
• Excellent communication skills with a knack for building relationships with clients and prospects.
• Strong knowledge of the industry/market practices/trends and subsidiary banking needs
• Solid understanding of the core Commercial banking products across credit, treasury & foreign exchange
• Self-starter with ability to work independently and collaboratively across the matrix and establish a robust internal/ external network
• Experienced at navigating a large international organization and influencing key internal stakeholders.
• Hands on proficiency in MS Office products. Familiarity with Bank systems, technology and interfaces will be beneficial
• Strong educational qualifications with demonstrated analytical and quantitative skills
• Must be fluent in English and Korean with solid interpersonal communication skills

How to stand out:

• An MBA or a post graduate degree in finance.
• Experience managing a portfolio of middle-market clients with annual revenues over $50 million.
• Existing knowledge of the local market’s business dynamics.
• Established network of contacts and centers of influence within the local market.
• Actively involved with local community organizations.

How we’ll support you:

• Robust training and development programs, plus one-on-one coaching from executives to help you thrive in your career.
• Comprehensive tools, proprietary research and analytics, and cutting-edge digital solutions to support you and your clients.
• Powerful connections to expand your professional network as part of a global team.
• Ongoing marketing support and community engagement opportunities to help you reach a wider audience and make a greater impact.
• Industry-leading benefits with an integrated approach to wellness – covering the physical, emotional, and financial resources you need to be well at every stage of life.