Bank of America Structured Credit Executive in Chicago, Illinois
Member of the Structured Lending team which provides credit expertise for Financial Advisors in the UHNW market delivering complex lending solutions. Works with the senior members of the team and Merrill Lynch Private Banking Investment Group (PBIG) and Advisory to grow Structured Lending revenue through marketing efforts and deal support/management. Position will be responsible for the loan renewal process and portfolio servicing.
The Structured Credit Executive is a product advocate for credit in a large geographic region. Originates sound new business through Financial Advisors. Provides credit direction, expertise, and approval for strategically important clients. Leads credit product to targets. Delivers credit strategy for the region to clients. Understands market differences within region and coordinates best practices in terms of delivering thoughtful credit solutions. Works closely with clients and Advisors to define and deliver the best alternatives. Critical link to centralized underwriting and approval process. Accountable to asset quality and financial plan for the region.
Familiarity with cash flow credit skills and related market influences (profiling, structuring, underwriting, pricing, delivery)
10 plus years of commercial credit or wealth management credit experience or a combination of lending and credit experience
Prior experience required with a financial institution focusing on sales, preferably in the high net worth space
Strong verbal and written communication skills
Strong problem solving skills and the ability to influence others while building strong partnerships
Commercial Credit training strongly preferred
Series 7 and 63 or 66 required for this role
Candidates may apply without licenses, but must achieve all required licenses within 120 days of accepting the position.
Posting Date : 03/19/2018
Chicago, IL, 540 W MADISON ST (IL4540),
- United States
Travel : Yes, 10% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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