Senior Credit Manager - Global Wealth & Investment Management

Bank of America•Los Angeles, CA

22h•$175,000 - $300,000•Onsite

About The Position

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: The Senior Credit Manager (SCM) is a client-facing role responsible for leading a regional team of Credit Advisors (CA) delivering credit solutions to Private Bank clients. The credit organization is charged with developing new credit relationships, driving funded loan balance and revenue growth in a responsible and profitable manner, and managing existing credit relationships with wealth clients. The SCM sets the strategy and tactics for their regional credit advisor team, builds strong working relationships with LOB partners, and takes personal ownership for managing all types of risks. The SCM is an enterprise talent leader, an enterprise advocate and communicator, a champion of diversity and inclusion, leads by example, models what right looks like and inspects, coaches, and improves the performance of direct reports.

Requirements

15+ years of commercial or wealth lending credit experience
Established, proactive leader with strong interpersonal skills, polish, and executive presence
A leader in managing talent: selection, development and coaching
Strong time and operational management skills
Strong verbal and written communication skills
Strong problem-solving skills and the ability to influence others while building strong partnerships and retaining credibility
Loan structuring
Executive presence
Decision making
Risk management
Credit documentation requirements
Collaboration
Prioritization
Underwriting
Oral communications
Analytical thinking

Nice To Haves

Commercial Credit training strongly preferred
Undergraduate and Graduate degree preferred

Responsibilities

Successfully lead and manage a high performing, client-facing credit sales team
Own and execute business strategy to responsibly grow funded loans and revenue
Build credibility by developing, deepening, and sustaining relationships with Market leadership, Advisors, and clients
Create a client-centric culture with in-depth knowledge of clients, timely renewals and issue resolution, and competitive deal structuring
Partner and collaborate with LOB, Underwriting, Risk, Operations, and Portfolio Management to deliver seamlessly
Maintain asset quality within the defined GWIM risk appetite limits
Challenge the status quo to improve/simplify processes, reduce manual work, and improve speed to delivery
Approach client and teammate relationships with a problem-solving mentality
Effectively coach and develop team to continuously improve the employee experience and build enterprise talent
Actively participate in driving GWIM Credit key priorities forward (Employee Experience, Client Experience, Responsible Growth)