Practice Solutions - Portfolio Business Development Officer

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:

This job is responsible for specializing in supporting loan retention, modifications, balloon maturities and payoffs for the Practice Solutions portfolio. The Portfolio Business Development Officer (PBDO) is responsible for client retention while having full discovery conversations to surround the client with the full product suite and resources of the bank to solve their business needs. The PBDO also fulfills credit opportunities, by collecting financials for submission to underwriting and assists through loan closing. PBDOs are measured on the ability to retain clients, and facilitate other servicing and business product needs.

Responsibilities:•

• Works with underwriting and internal partners to fulfill portfolio retenion and new money credit request for Practice Solutions clients

• Manage client payoff

• Manage post-modification process request

• Build relationships

• Identifies banking product opportunities based on client's business needs

Skills:

• Account Management

• Business Development

• Client Solutions Advisory

• Referral Management

• Analytical Thinking

• Client Management

• Credit Documentation Requirements

• Market Analysis

• Pipeline Management

• Adaptability

• Business Acumen

• Record Keeping

• Referral Identification

• Relationship Building

Required Qualifications:

• Excellent oral and written communication skills

• Strong organizational skills

• Proficient with computer applications, including Microsoft office (Excel and Word)

Desired Qualifications:

• Knowledge of Practice Solutions Products, Processes and Procedures

• Understanding of Practice Solutions Portfolio Procedures

• Leadership skills

• Analytical thinker

Shift:

1st shift (United States of America)

Hours Per Week:

40