Senior Business Banking Relationship Manager - Chicago Metro

Bank of America; Chicago (IL); On-site; USD 140,000 - 185,000; Full time

Benefits offered by this job

Discretionary incentive plans

Annual discretionary award

Industry-leading benefits

Paid time off

Job summary

Bank of America is seeking a skilled financial advisor for their Business Banking division in Chicago. You will provide valuable financial solutions to complex clients, manage portfolios with revenues of $20-50 million, and collaborate with various teammates to meet client needs.

The role requires a minimum of five years of experience in commercial lending, along with a proven sales record. A competitive salary range of $140,000 to $185,000 is offered based on experience.

Qualifications

• Minimum of five years of experience in commercial lending, business development, commercial credit, and portfolio management.
• Experience managing an extensive portfolio of clients with annual revenues of $20–$50 million.
• Proven track record of sales and prospecting new business.

Responsibilities

• Manage an extensive portfolio of complex clients and prospects.
• Acquire and deepen profitable client relationships.
• Understand and interpret financial statements.

Skills

Business Development

Client Experience Branding

Client Management

Client Solutions Advisory

Relationship Building

Account Management

Financial Analysis

Leadership Development

Loan Structuring

Referral Identification

Credit Documentation Requirements

Pipeline Management

Referral Management

Regulatory Compliance

Risk Management

Education

High School Diploma / GED / Secondary School

Bachelor's degree in business, finance, economics, or related field

Job description

Job Description

Responsible for providing advice and valuable financial solutions to complex Business Banking clients and prospects. Serves as the primary point of contact / trusted advisor, acquiring, deepening, and maintaining profitable relationships, collaborating with teammates and facilitating client relationships with Product Specialists. Knowledge of bank products and services to identify cross‑selling opportunities and increase client satisfaction.

Responsibilities

• Manage an extensive portfolio of complex clients and prospects with annual revenues of $20-50 million, helping them save, borrow, and invest for current and future needs.
• Acquire, deepen, and maintain profitable client relationships through sales, prospecting, and enhancing existing relationships.
• Understand and interpret financial and cash‑flow statements to assess financial conditions of companies and industry trends.
• Collaborate with local market stakeholders and teammates, including Investment Banking, Foreign Exchange, Wealth Management, and facilitate client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services to design and deliver financial solutions.
• Lead and facilitate dialogue with complex clients and prospects on industry, alternative capital structures, and general business issues.
• Coach and mentor peers while utilizing leadership skills.
• Adapt to changes in sales practices and broader market and industry conditions as needed.

Required Qualifications

• Minimum of five years of experience in commercial lending, business development, commercial credit, and portfolio management in business banking or the middle‑market sector.
• Experience managing an extensive portfolio of clients with annual revenues of $20–$50 million.
• Proven track record of sales, prospecting new business, and enhancing existing relationships.
• Ability to understand and interpret financial statements and cash‑flow analysis to assess financial conditions and industry trends.

Desired Qualifications

• Bachelor’s degree in business, finance, economics, or related field, or equivalent relevant work experience.

Skills

• Business Development
• Client Experience Branding
• Client Management
• Client Solutions Advisory
• Relationship Building
• Account Management
• Financial Analysis
• Leadership Development
• Loan Structuring
• Referral Identification
• Credit Documentation Requirements
• Pipeline Management
• Referral Management
• Regulatory Compliance
• Risk Management

Minimum Education Requirement

High School Diploma / GED / Secondary School or equivalent.

Shift

1st shift (United States of America)

Hours Per Week

40 hours per week

Pay Range

$140,000.00 – $185,000.00 annualized salary, payable based on experience, education, and skill set.

Benefits

Eligible for discretionary incentive plans and annual discretionary award. Provides industry‑leading benefits, paid time off, and support to employees to make an impact and contribute to sustainable growth.