Private Bank
1 month ago
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us
Job Description
The Credit Executive (CE) 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 CE 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 CE brings thought leadership and credit expertise to structuring highly customized credit solutions to meet the unique needs of our ultra-high-net-worth clients.
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
• Proactive identification of strategic lending opportunities
• Timely deal execution in navigating loan process
• Underwriting excellence with holistic knowledge of the client relationship
• Understanding of Private Bank credit product solutions and process
• Robust portfolio management practices
• Advancing the use of new technologies, tools and processes to foster a market-leading and operationally efficient platform to improve the client and employee experience
• Effective communicator and ability to build collaborative partnerships
• Problem solver
• Effective coach and mentor
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
Required Qualifications:
• Experience reviewing financing requests and opportunities and determine best Enterprise solution to meet client needs
• Experience advocating for new credit opportunities by pre-screening lending requests and structuring creative loan solutions to meet goals of the clients and the Bank
• Ability to own all aspects of credit request (includes analysis, structure, communication with business partners and client, negotiate, close, and ongoing management)
• Experience partnering with client teams on collection of information from clients in a timely manner – financials, entity documents, other necessary information
• Ability to conduct preliminary analysis and apply sound reasoning to determine viability of opportunities (run ratios, DSC analysis, SBL evaluations, risk rating estimates, etc.)
• Expertise in engaging with Product Specialist Executives (real estate, art, yacht, hedge funds) to assess and collaborate on best structure for loans
• Experience negotiating terms/documents with clients and attorneys
Desired Qualifications:
• Strong commercial credit training preferred
Shift:
1st shift (United States of America)Hours Per Week:
40-
Private Wealth Client Associate
1 month ago
Miami, Florida, United States Bank of America Full timeJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...
-
Private Wealth Client Associate
4 days ago
Miami, Florida, United States Bank of America Full timeAbout the RoleThis position is responsible for providing exceptional client service support to multiple Financial Advisors (FAs) at Bank of America. Key responsibilities include:Client Service Excellence: Provide top-notch client service to Bank of America's clients by educating them on all of the bank's service and banking offerings.Timely and Accurate...
-
Miami, Florida, United States Eliteprofitpath Full timeAn exceptionally accomplished and fervent Director of Private Banking and Wealth Management, boasting 20+ years of demonstrated success in new business development, increasing competitive market share, and leading business management.Location: Miami, FLWilling to Relocate: NoWants: Seeking a W2 salary role, ideally within a Private Bank or Wealth Management...
-
Relationship Banking Executive
5 days ago
Miami, Florida, United States Banesco USA Full timeJob DescriptionJob Title: Relationship Manager – Business & ProfessionalFunctional Title: Commercial Banker/LenderJob Summary:Banesco USA is seeking a Relationship Manager – Business & Professional for our South Florida Branches Team.Key Responsibilities:Business Development: Responsible for business development activities for the generation of deposits...
-
Commercial Banking Specialist
5 days ago
Miami, Florida, United States Banesco USA Full timeJob DescriptionJob Title: Relationship Manager – Business & ProfessionalFunctional Title: Commercial Banker/LenderJob Summary:Banesco USA is seeking a Relationship Manager – Business & Professional for our South Florida Branches Team.Key Responsibilities:Business Development: Responsible for business development activities for the generation of deposits...
-
Miami, Florida, United States Goldman Sachs Full timeOUR IMPACTAre you a quick-thinking self-starter with a passion for client service, the desire to work closely with teammates and clients, and the ability to problem solve and to think outside the box? Our Wealth Management Professionals support all aspects of our business from an operational and relationship management perspective. We are seeking...
-
Fund Accountant
1 month ago
Miami, Florida, United States Selby Jennings Full timeExciting Opportunity for a Fund Accountant:A dynamic Private Credit firm is seeking a talented Fund Accountant to join their team at their Miami location. The Fund Accountant will have a key role in managing the financial operations of the organization's investment funds, ensuring precision, adherence to regulations, and openness.Record transactions and...
-
Customer Service Representative
3 days ago
Miami, Florida, United States Banesco USA Full timeJob DescriptionJob Title: Guest Relations AssociateFunctional Title: Receptionist / Front Desk AssociateJob Summary:Banesco USA is seeking a highly skilled Guest Relations Associate to join our team at our Financial Center in East Doral. As the first point of contact for clients, vendors, and visitors, this role requires exceptional communication and...
-
Trust and Estate Wealth Advisor
2 weeks ago
Miami, Florida, United States Citigroup Full timePosition Title: Wealth Planner at Citi TrustThe Wealth Planner at Citi Trust collaborates closely with Private Bankers and other members of the Citi Private Bank team worldwide to enhance revenue by recognizing and securing trust, estate, and insurance opportunities with clients and potential clients.Key Responsibilities:Crafting tailored wealth strategies...
-
Miami, Florida, United States Apollo Global Capital Full timePosition OverviewApollo is seeking an Internal Sales Professional to support the Private Bank/Wirehouse Channel within its Global Wealth Management Solutions (GWMS) business. GWMS is a vertically integrated sales channel within Apollo's broader Client & Product Solutions (CPS) ecosystem, designed to provide individuals and their advisors with a growing range...
-
Senior AML Investigations Specialist
1 week ago
Miami, Florida, United States StoneX Full timePosition Overview This is a permanent, full-time role with a hybrid work model, requiring three days a week in the office. The Enhanced Due Diligence (EDD) Associate plays a crucial role in performing comprehensive customer due diligence on accounts flagged for Anti-Money Laundering (AML) reviews, as well as conducting periodic Know Your Customer...
-
Senior Treasury Analyst
1 month ago
Miami, Florida, United States H.I.G. Capital Full timeThe H.I.G. family of funds includes private equity, growth equity, real estate, debt/credit, lending and BioHealth.We invest in companies throughout the U.S., Europe, and Latin America have offices in Miami, New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Stamford in the U.S., and affiliate offices in London, Hamburg, Luxembourg, Madrid,...
-
AML Compliance Review Associate
1 week ago
Miami, Florida, United States StoneX Full timePosition Overview This is a permanent, full-time position with a hybrid work model (3 days per week in the office). The Enhanced Due Diligence (EDD) Associate plays a crucial role in executing customer and enhanced due diligence on accounts that necessitate AML evaluations, alongside periodic Know Your Customer (KYC) updates. This position involves...
-
Relationship Banker I
4 weeks ago
Miami, Florida, United States Regions Full timeThank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed,...
-
Lead Fund Accounting Specialist
1 week ago
Miami, Florida, United States Quix Recruitment Group Ltd Full timeJob OverviewPosition: Senior Fund AccountantRole SummaryThe Senior Fund Accountant is tasked with overseeing the administration of intricate investment funds, which includes portfolio valuation and the calculation of Net Asset Value ("NAV"). This role also involves assisting in the preparation of financial statements, engaging with investors and investment...
-
Lead Fund Accounting Specialist
1 week ago
Miami, Florida, United States Quix Recruitment Group Ltd Full timeJob OverviewPosition: Senior Fund AccountantRole SummaryThe Senior Fund Accountant is tasked with overseeing the administration of intricate investment portfolios, which includes calculating the Net Asset Value ("NAV") and conducting portfolio evaluations. This role also involves preparing financial statements, collaborating with investors and asset...
-
Lead Financial Analyst
2 weeks ago
Miami Beach, Florida, United States Tandym Group Full timeTandym Group is seeking a skilled Financial Analyst to join their dynamic team in a Senior-level capacity. This position will involve close collaboration with both the Investment and Operations divisions to maintain precise accounting records and financial documentation. Key Responsibilities: The Senior Financial Analyst will be tasked with the following...
-
Chief Operations Strategist
1 week ago
Miami, Florida, United States Hut 8 Full timePosition OverviewABOUT HUT 8Hut 8 stands at the forefront of innovation in technology, energy, and infrastructure, specializing in bitcoin mining. We operate some of the largest data centers globally, dedicated to next-generation computing workloads. Our organization is committed to providing dynamic and challenging opportunities for individuals eager to...
-
Outsourced General Counsel Services
1 month ago
Miami, Florida, United States Sterlington, PLLC Full timeTitle: Outsourced General Counsel Services (GCS) AttorneyContract: Fractional, part-time or hourly contracts availableLocation: United States of America (100% remote)Salary:$ competitive based on the individual's location and experienceDescription:An innovative boutique law firm is looking for an experienced legal professional to join our team providing...
-
Strategic Operations Manager
1 week ago
Miami, Florida, United States Hut 8 Full timeJob OverviewABOUT HUT 8Hut 8 stands at the forefront of technology, energy, and infrastructure, specializing in bitcoin mining. We operate some of the largest data centers globally, catering to next-generation computing workloads. We pride ourselves on providing stimulating and challenging opportunities for individuals eager to build teams, tackle problems,...