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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for retaining clients while having full discovery conversations to surround the client with the full product suite and resources of the bank to solve their business needs. Key responsibilities include specializing in supporting loan retention, modifications, balloon maturities and payoffs for the Practice Solutions portfolio, as well as fulfilling credit opportunities, by collecting financials for submission to underwriting and assisting through loan closing. Job expectations include retaining clients and facilitating servicing and business product needs.

Responsibilities:

• Works with underwriting and internal partners to fulfill portfolio retention and new money credit requests for Practice Solutions clients
• Manages client payoff and post-modification process requests
• Builds relationship and identifies banking product opportunities based on client's business needs
• Communicates with client throughout retention and new loan request process

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

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: