Credit Advisor - Global Wealth & Investment Management

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Credit Advisor (CA) is a client-facing role responsible for developing new custom credit relationships with strategic wealth clients, driving funded loan balance and revenue growth in a responsible and profitable manner, managing a portfolio of existing credit relationships, and educating Advisors on our credit solutions and risk appetite. Within their targeted geographic territory, the CA leads the credit delivery process from beginning to end by partnering with Advisors, Underwriting, Risk, Product Subject Matter Experts, Portfolio Management, and Servicing & Fulfillment. The CA brings thought leadership and credit expertise to structuring highly customized credit solutions to meet the unique needs of our ultra-high-net-worth clients.

This role will have responsibility for Private Bank custom lending covering the Houston, Austin and San Antonio markets.

Responsibilities:

Leads the growth of funded loans and revenue, while mitigating risks and adhering to regulatory requirements

Develops, deepens, and sustains relationships with market leadership, Advisors, and clients, while building credibility

Creates a client-centric culture by applying in-depth knowledge of clients, timely renewals, and issue resolution, and providing competitive deal structuring while serving as the key point of contact for credit clients

Educates key partners and Advisors on platform capabilities and risk appetite to increase engagement and penetration

Partners and collaborates with Underwriting, Risk, Operations, and Portfolio Management to deliver a seamless client experience

Maintains asset quality within the defined Global Wealth and Investment Management risk appetite limits

Required Qualifications:

10 plus years of commercial credit or wealth management credit experience

Strong oral and written communication skills

Effectively present to Private Bank leadership and advisors around Custom Credit

Strong credit skills (commercial / UHNW)

Organized and can handle/prioritize several transactions at the same time

Ability to work well with underwriting, risk, and other business partners

Find new deals, structure, prepare deal sheets, negotiate, and close complex loan structures

Conduct preliminary analysis to determine viability of loan opportunities (run ratios, DSC analysis, risk rating estimates, etc.

Manage ongoing loan portfolio (reporting, covenants, etc.)

Desired Qualifications:

Ability to structure loans to UHNW clients secured by commercial real estate, securities, artwork, hedge funds / private equity funds, yachts, life insurance products, as well as unsecured loans

BS degree / MBA

Skills:

Business Development

Loan Structuring

Negotiation

Prospecting

Relationship Building

Active Listening

Business Acumen

Client Management

Customer and Client Focus

Profitability Analysis

Influence

Pipeline Management

Portfolio Management

Problem Solving

Sales Strategy

Shift:
1st shift (United States of America)

Hours Per Week:
40