Talent.com
Credit Product Specialist, Global Wealth & Investment Management

Credit Product Specialist, Global Wealth & Investment Management

Bank of AmericaNew York, NY, US
30+ days ago
Job type
  • Full-time
Job description

GWIM Credit Product Specialist

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!

The GWIM Credit Product Specialist acts as an extension of the Credit Executives. The Specialist is responsible for actively developing and supporting strategies to identify and deliver credit opportunities (e.g., LMA, ISBL, PCL, Custom Lending & Margin) to Financial Advisors existing wealth management clients and prospects. These responsibilities are achieved by ensuring wealth management clients are knowledgeable of the Banks full suite of GWIM credit solutions and by supporting the flawless delivery of these solutions through a high-touch advisor / client experience. The primary mission of the Credit Product Specialist is to establish new credit relationships with the financial advisors wealth management clients / prospects in addition to supporting / expanding existing GWIM credit relationships with the intent of generating balance and revenue growth with appropriate risk adjusted returns. The Specialist will work with Financial Advisors, Wealth Management Clients, GWIM Custom Lending Credit Executives, GWIM Credit leadership, Risk Management, and other specialist organizations to meet these objectives.

Required Qualifications :

  • 3 years of progressively responsible experience in the job offered or a related finance / banking occupation

Desired Qualifications :

  • Bachelor's degree or equivalent in Finance, Business Administration, Financial Economics, or related; and
  • Prefer 3 years of experience in each of the following :
  • Marketing and selling Private Wealth credit solutions with a goal to engage and influence audience behavior to address the lending needs of clients;
  • Cultivating relationships with clients and Financial Advisors to identify credit opportunities and grow lending business;
  • Negotiating with Underwriting and Risk on behalf of the client to structure sound loans including securities based loans, Commercial real estate loans, Recreational real estate loans, Hedge Fund loans, Fine Art loans, Yacht loans, Unsecured loans, and other miscellaneous loans;
  • Conducting financial analysis including ratio analysis, DSC analysis, and collateral evaluations to determine viability of loan opportunities; and,
  • Assessing existing portfolio of loans ensuring compliance with financial covenants and reporting, resolving margin calls, and debt service failures.
  • Skills :

  • Attention to Detail
  • Business Development
  • Loan Structuring
  • Portfolio Management
  • Relationship Building
  • Active Listening
  • Analytical Thinking
  • Client Management
  • Customer and Client Focus
  • Profitability Analysis
  • Collaboration
  • Financial Forecasting and Modeling
  • Pipeline Management
  • Sales Performance Management
  • Sales Strategy
  • Minimum Education Requirement :

    High School Diploma / GED / Secondary School or equivalent

    Shift : 1st shift

    Hours Per Week : 40

    Pay Transparency details :

    US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information :

    Pay range $99,000.00 - $150,800.00 annualized salary, offers to be determined based on experience, education, and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and / or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

    Create a job alert for this search

    Credit Specialist • New York, NY, US

    Related jobs
    • Promoted
    Audit Manager (Non-Profit)

    Audit Manager (Non-Profit)

    JobotHazlet, NJ, US
    Full-time +1
    Audit and Assurance Manager (Non-Profit) / Hybrid / $$$ / Top 50 firm.This Jobot Job is hosted by : Joseph Sipocz.Are you a fit? Easy Apply now by clicking the "Apply Now" buttonand sendin...Show moreLast updated: 21 days ago
    • Promoted
    Fixed Income Investment Product Manager

    Fixed Income Investment Product Manager

    Capital GroupNew York, NY, United States
    Full-time
    Fixed Income Investment Product Manager.Capital Group Fixed Income products and services.You will be instrumental in helping to build and maintain a comprehensive product strategy and roadmap and d...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Asset Resolution Specialist

    Senior Asset Resolution Specialist

    VirtualVocationsFlushing, New York, United States
    Full-time
    A company is looking for a Senior Asset Resolution Specialist to manage non-performing loan portfolios and support borrower relationships. Key Responsibilities Monitor and manage a portfolio of no...Show moreLast updated: 1 day ago
    • Promoted
    Staff II Consultant - Strategic CFO Advisory Service - Finance & Business Transformation

    Staff II Consultant - Strategic CFO Advisory Service - Finance & Business Transformation

    EisnerAmperIselin, NJ, United States
    Full-time
    At EisnerAmper, we look for individuals who welcome new ideas, encourage innovation, and are eager to make an impact.Whether you're starting out in your career or taking your next step as a seasone...Show moreLast updated: 11 days ago
    • Promoted
    Senior Product Specialist

    Senior Product Specialist

    VirtualVocationsYonkers, New York, United States
    Full-time
    A company is looking for a Senior Product Specialist (MFA, Fraud, Risk & Identity Verification).Key Responsibilities Represent the company in high-level presentations and strategic briefings for ...Show moreLast updated: 30+ days ago
    • Promoted
    Investment Associate

    Investment Associate

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for an Investment Associate to join their sourcing team.Key Responsibilities Source startups that align with investment criteria Develop relationships with startups and coll...Show moreLast updated: 8 days ago
    • Promoted
    IT Asset Management Specialist

    IT Asset Management Specialist

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for an IT Asset Management Specialist.Key Responsibilities Execute IT asset data cleanup within Jira, managing the entire asset lifecycle from procurement to disposal Track ...Show moreLast updated: 30+ days ago
    • Promoted
    Remote Financial Planner - AI Trainer

    Remote Financial Planner - AI Trainer

    Data AnnotationNew Brunswick, New Jersey
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...Show moreLast updated: 23 days ago
    • Promoted
    Product Development Specialist - In Office, Hybrid, Remote

    Product Development Specialist - In Office, Hybrid, Remote

    Longbridge FinancialParamus, NJ, US
    Remote
    Full-time
    At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity. As a leading provider of home equity solutions ...Show moreLast updated: 30+ days ago
    • Promoted
    Conversion Performance Specialist

    Conversion Performance Specialist

    VirtualVocationsNewark, New Jersey, United States
    Full-time
    A company is looking for an Affiliate Performance Specialist (CRO) to maximize the performance of affiliate websites.Key Responsibilities Monitor and improve conversion funnels across all geos an...Show moreLast updated: 1 day ago
    • Promoted
    Business Product Specialist

    Business Product Specialist

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for a Business Product Specialist to oversee the technical functionality of digital platforms for loan management. Key Responsibilities Collaborate with cross-functional teams...Show moreLast updated: 1 day ago
    • Promoted
    Sr. Consultant - CFO Advisory Services - Finance & Business Transformation

    Sr. Consultant - CFO Advisory Services - Finance & Business Transformation

    EisnerAmperIselin, NJ, United States
    Full-time
    At EisnerAmper, we look for individuals who welcome new ideas, encourage innovation, and are eager to make an impact.Whether you're starting out in your career or taking your next step as a seasone...Show moreLast updated: 30+ days ago
    • Promoted
    Global SOX Compliance Specialist

    Global SOX Compliance Specialist

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for a Global ICFR and SOX Specialist Non IT.Key Responsibilities Support and execute all aspects of the SOX / ICFR Program and compliance activities Review and perform tests o...Show moreLast updated: 2 days ago
    • Promoted
    AVP Product Specialist - Credit

    AVP Product Specialist - Credit

    CIM GroupNew York, NY, US
    Full-time
    AVP Product Specialist - Credit.CIM is seeking to hire an AVP Product Specialist to focus exclusively on the firm's capabilities in credit which include private and liquid real estate credit and co...Show moreLast updated: 30+ days ago
    • Promoted
    AI Product Management Leader

    AI Product Management Leader

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for a Product Management Leader, AI.Key Responsibilities Drive AI product management strategy across a global portfolio Define the integration of AI / ML technologies into ent...Show moreLast updated: 23 days ago
    • Promoted
    Remote Finance Director - AI Trainer

    Remote Finance Director - AI Trainer

    Data AnnotationValley Stream, New York
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...Show moreLast updated: 23 days ago
    • Promoted
    Remote Finance Advisor - AI Trainer

    Remote Finance Advisor - AI Trainer

    Data AnnotationNew Brunswick, New Jersey
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...Show moreLast updated: 23 days ago
    • Promoted
    Sr. Director, Finance Lead Biologics Platform

    Sr. Director, Finance Lead Biologics Platform

    Zoetis, IncParsippany, NJ, United States
    Full-time
    Reporting to the Head of Finance, Global Manufacturing & Supply, the Sr.Director, Finance Lead Biologics Platform will be responsible for the Platform Finance organization, including oversight and ...Show moreLast updated: 30+ days ago