Practice Solutions Credit Executive

Bank of America • Tampa, FL

7d • $225,000 - $400,000 • Onsite

About The Position

At Bank of America, the Practice Solutions Credit Executive helps design and deliver credit solutions and is accountable for underwriting, structuring, and negotiating those solutions for Practice Solutions customers. The role partners closely with client-facing teammates to consult on sales opportunities and provide product expertise and advice that support suitable client solutions.

The position manages a team of underwriters primarily responsible for credit analysis, credit approval, and credit portfolio management. It drives responsible loan growth, oversees risk controls and operational effectiveness, allocates resources to support profitability, and develops talent and succession within the organization. The role reports directly to the head of Business Banking Credit.

This is a managerial position based at one of the listed Bank of America locations in Boston or Waltham, Massachusetts, or New York, New York. The job is designated as first shift and lists 40 hours per week. Bank of America describes an in-office culture with role-specific flexibility based on responsibilities and business needs.

Requirements

• 10 or more years of business banking and/or Practice Solutions experience.
• Established, proactive leadership with strong interpersonal skills, polish, and executive presence.
• Experience managing talent selection, development, and coaching.
• Strong time and operational management skills.
• Familiarity with cash flow credit skills and related market influences, including profiling, structuring, underwriting, pricing, and delivery.
• Experience focused on credit structuring and underwriting in Practice Solutions and/or business banking.
• Strong verbal and written communication skills.
• Strong problem-solving skills and ability to influence others, build strong partnerships, and retain credibility.
• Willingness and ability to drive process efficiencies and operational excellence using tools such as digitization, automation, and AI.
• Bachelor's degree required.

Nice To Haves

• Advanced degree.

Responsibilities

• Design and deliver credit solutions for Practice Solutions customers, including underwriting, structuring, and negotiating.
• Partner with client-facing teammates to advise on sales opportunities and provide product expertise and consultation.
• Manage a team of underwriters responsible for credit analysis, credit approval, and credit portfolio management.
• Drive responsible loan growth for Practice Solutions credits.
• Promote an inclusive environment that supports the company's Great Place to Work goals.
• Improve end-to-end process efficiency and effectiveness through data-driven decision-making and removal of operational obstacles.
• Contribute to enterprise strategy and connect team contributions to business purpose, results, and success.
• Inspect and challenge risk controls, governance, and culture to support timely identification, escalation, discussion, and remediation of risk.
• Coach employees and sustain organizational performance while differentiating performance-based rewards.
• Allocate and manage resources to support short- and long-term profitability.
• Manage the talent bench and succession planning while supporting enterprise talent needs.
• Mobilize organizational resources and bank capabilities to meet client needs and gain competitive advantage.

Benefits

• Industry-leading benefits.
• Access to paid time off.
• Resources and support for employees.
• Eligibility to participate in the annual discretionary incentive plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive