Bank of America Senior Relationship Manager (Healthcare & Institutions) - Boston in Boston, Massachusetts
Senior Relationship Manager (Healthcare & Institutions) - Boston
Bank of America's Specialized Industries Banking group is seeking a Senior Relationship Manager to join our Healthcare & Institutions Group in Boston. The Healthcare and Institutions group ( H&I) is part of the Commercial Bank which serves public and private companies, generally with annual revenues of $50 million to $2 billion. H&I is a specialty group that supports the financial needs of a variety of 501c3 not for profit clients including healthcare, private universities, colleges, secondary schools, cultural, professional and social service organizations.
The Relationship Manager (RM) is responsible for managing a portfolio of Healthcare & Institutions clients who need financial services and products to meet their needs. In addition to being the primary bank advocate and key financial advisor for the relationship, the RM is accountable for prospecting new business and enhancing existing relationships. The RM will have the ability to engage in dialogue at the CEO and CFO levels regarding the clients’ industry and alternative capital structures. The RM will then assess the risks and impacts from both the client and bank perspectives for development and implementation of an overall client strategy. The RM is also responsible for leading, directing and coordinating key team members in analysis and execution in the effective delivery of their products and services to clients and prospects. The RM must be well versed in all Bank of America products and services for proper identification of cross-selling opportunities. Proven track record of prospecting new business and enhancing existing relationships. Proven sales skills and experience, including planning, execution and follow up of client meetings. Ability to understand and interpret financial statements, especially cash flow statements. * Position may be filled as a Sr. Relationship Manager or a Relationship Manager, depending on experience and qualifications.
Undergraduate degree required: MBA desirable.
Must be credit trained.
At least 8 – 10+ years of broad based commercial lending/corporate finance/relationship management experience.
Demonstrates management capability of an extensive portfolio of Healthcare, Education and/or NFP clients with revenues greater than $50 million
Proven track record of prospecting new business and enhancing existing relationships.
Professional proven sales skills and experience, including planning, execution and follow up of client meetings.
Outstanding oral and written communication skills.
Demonstrated leadership ability.
Capable of organizing, facilitating, leading and negotiating with team of bank associates to solve client problems.
Series 7, 63 (Must obtain series 7 & 63 license within 180 days of start date.)
Existing knowledge of the market preferred.
Active member/participation in local community organizations.
Highly desirable to have active networking contacts and Centers of Influence established in market.
Desire to work in Specialized Industries with an interest in Healthcare, Education & NFP Institutions.
Experience in these industries highly desirable.
Posting Date : 03/29/2018
Boston, MA, 100 FEDERAL ST (MA5100),
- United States
Travel : Yes, 10% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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