Comerica Palo Alto , CA 94306
Posted 1 week ago
Relationship Manager, Equity Fund Services
The Relationship Manager role will be responsible for new business development, portfolio management and underwriting to support the needs of the group. This role will focus on private equity firms from $30MM to over $35BN in assets over management in the U.S. and Canada.
What we can offer you
Comerica Funded Retirement Plan and 401(K) Matching
Paid Time Off (PTO)
Employee Stock Purchase Plan
Paid Holidays, Floating Cultural Holiday
Medical, Dental, Vision, Life Insurance
Flexible Schedules
Parental Leave and Adoption Assistance programs
Community Volunteer Opportunities
"Top 50 Diversity Company" by Diversity Inc.
Global 100 for Most Sustainable Corporations
Position Competencies
Successful incumbents are customer focused, have strong decision quality, drive for results, are good listeners and creative thinkers, negotiate well, take command of the situation, build strong peer relationships and manage with courage.
Position Responsibilities:
Increase the Bank's profitability by cultivating new business relationships.
Maintain and develop customer relationships, new business, and periodic review of existing loan arrangements.
Negotiate proper loan structures, selling the Bank's credit and non-credit products.
Accept special projects in support of the team and community involvement.
Maintain knowledge of corporate banking, credit and non-credit products, trust, real estate, treasury management and other bank functions.
Maintain knowledge of accounting and financial principles, marketing and sales principles, credit analysis, economics and other bank functions.
Travel
Travel is required of this position at least 10% of the time.
Position Qualifications
Vice President, Relationship Manager III, Equity Fund Services
Bachelor's Degree from an accredited university
Completion of a Commercial Credit Training Program
5 years of commercial lending experience
3 years of experience managing a portfolio of clients
3 years of financial sales experience
Vice President, Relationship Manager IV, Equity Fund Services
Bachelor's Degree from an accredited university
Completion of a Commercial Credit Training Program
7 years of commercial lending experience
5 years of experience managing a portfolio of clients
3 years of financial sales experience
Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours: 8:00am
5:00pm Monday
Friday
Salary:
For candidates hired in the state of California, Colorado, Washington, New York the expected salary/On-Target Earnings (OTE) range for the role is currently:
Salary Range(s) is subject to change. Comerica Bank takes several factors into account when determining individual starting pay. These include but are not limited to position, grade level, location/metropolitan area, skillset, and peer compensation. Comerica Bank considers the employer's work location to determine the pay range.
Comerica