Expoint - all jobs in one place

The point where experts and best companies meet

Limitless High-tech career opportunities - Expoint

Bank Of America Corporate Banker - Subsidiaries 
United States, New York, New York 
421875182

Today

Job Description

The role will focus on cross-selling all of the Bank’s corporate banking products including Cash and Liquidity Management, working capital and trade solutions (cards, supply chain finance, receivables financing), Credit/Loans, Leasing, Capital Markets, FX, Rates and Commodities. In addition, responsibilities include:

  • Develop and grow the assigned client relationships through coordination of regular client pitching, working closely with global and regional corporate banking teams and product partners.
  • Assess clients’ needs and work with product specialists to structure appropriate product solutions. Demonstrate to clients a full understanding of their needs
  • Structuring appropriate financing solutions to help clients meet their growth targets – this would include credit, debt capital raising, leasing amongst others
  • Drive solutions for the operating needs of clients across risk management, cash management, liquidity and treasury (e.g. sweeping and pooling structures), trade solutions, global markets/hedging
  • Lead product partners to participate in business development and sales calls for marketing of BofA’s capabilities in market
  • Monitor P&L performance of the portfolio assigned, show accountability for the portfolio, demonstrating ownership, growth and management of client relationships
  • Collaborate with, and seek ongoing guidance, support & knowledge from the respective CBK country heads and other senior bankers
  • Work 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
  • Be the escalation point for clients, proactively solving issues, and escalating as appropriate to ensure quick resolution of any issues
  • Be an active stakeholder in the development of the CBKS North America business, generating ideas, taking ownership and demonstrating leadership as a banker.
  • This role may also be filled as a Corporate Banker IV or V.

Required Skills:

  • At least 8-10 years of experience in Corporate Banking Subsidiary coverage
  • Previous experience managing subsidiary relationships of foreign owned multi-nationals in the US.
  • Passionate about building client relationships and providing value-added insights to deepen client relationships
  • Self starter with an origination focus
  • Strong corporate finance skills with a broad knowledge of all corporate banking products, credit risk analysis and structuring
  • Strong networking and collaboration skills to enable seamless coverage coordination across products and geographies
  • Excellent presentation, interpersonal and communication skills.
  • Experience with ESG, sustainability-linked solutions, and associated products.
  • Ability to manage and develop junior resources
  • Bachelor’s degree in Finance, Economics or Business Administration. Advanced degree preferred
1st shift (United States of America)