Credit Advisor (CA)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!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 requirementsDevelops, deepens, and sustains relationships with market leadership, Advisors, and clients, while building credibilityCreates 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 clientsEducates key partners and Advisors on platform capabilities and risk appetite to increase engagement and penetrationPartners and collaborates with Underwriting, Risk, Operations, and Portfolio Management to deliver a seamless client experienceMaintains asset quality within the defined Global Wealth and Investment Management risk appetite limitsRequired Qualifications:10 plus years of commercial credit or wealth management credit experienceStrong oral and written communication skillsEffectively present to Private Bank leadership and advisors around Custom CreditStrong credit skills (commercial / UHNW)Organized and can handle/prioritize several transactions at the same timeAbility to work well with underwriting, risk, and other business partnersFind new deals, structure, prepare deal sheets, negotiate, and close complex loan structuresConduct 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 loansBS degree / MBASkills:Business DevelopmentLoan StructuringNegotiationProspectingRelationship BuildingActive ListeningBusiness AcumenClient ManagementCustomer and Client FocusProfitability AnalysisInfluencePipeline ManagementPortfolio ManagementProblem SolvingSales StrategyShift: 1st shift (United States of America)Hours Per Week: 40
Credit Advisor - Global Wealth & Investment Management in houston at Unknown Company
This position is listed as full time and onsite.