Role at a glance
- Salary
- Not Disclosed
- Location
- Houston, United States
- Employment
- Full-time
- Experience
- Required Qualifications: • 10 plus years of commercial credit or wealth management credit experience
- Education
- Bachelor's, Master's
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Role Summary
The Credit Advisor develops and manages custom lending relationships with strategic wealth clients across the Houston, Austin, and San Antonio markets. The role leads credit delivery in collaboration with internal partners, structures solutions for ultra-high-net-worth clients, and manages portfolio quality.
What You'll Do
- Develop custom credit relationships and grow funded loans and revenue while mitigating risks and adhering to regulatory requirements.
- Build and sustain relationships with market leadership, Advisors, and clients; serve as a key contact for credit clients, support timely...
- Educate Advisors and key partners about platform capabilities and risk appetite.
- Lead the credit delivery process by partnering with Advisors, Underwriting, Risk, Product Subject Matter Experts, Portfolio Management,...
- Maintain asset quality within defined Global Wealth and Investment Management risk appetite limits.
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Required: 10 plus years of commercial credit or wealth management credit experience; strong oral and written communication and commercial/UHNW credit skills; ability to present to Private Bank leadership and advisors, prioritize several transactions, and work with underwriting, risk, and other partners. Must be able to find deals, structure, prepare deal sheets, negotiate and close complex loan structures; conduct preliminary loan viability analysis, including ratios, DSC analysis and risk-rating estimates; and manage ongoing loan portfolios, including reporting and covenants. Listed skills include business development, loan structuring, negotiation, prospecting, relationship building, client management, profitability analysis, pipeline management, portfolio management, problem solving and sales strategy.
Required
- Strong oral and written communication skills; effectively present to Private Bank leadership and advisors around Custom Credit; strong...
- Find new deals, structure, prepare deal sheets, negotiate, and close complex loan structures; conduct preliminary analysis to determine...
Preferred
- Ability to structure loans to UHNW clients secured by commercial real estate, securities, artwork, hedge funds / private equity funds,...
- BS degree / MBA
Original job description
Content provided by the employer
Original job description
Content provided by the employer
Job Description:
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:
The Credit Advisor (CA) is a client-facing role responsible for developing new custom credit relationships with strategic wealth clients, driving funded loan balance and revenue growth in a responsible and profitable manner, managing a portfolio of existing credit relationships, and educating Advisors on our credit solutions and risk appetite. Within their targeted geographic territory, the CA leads the credit delivery process from beginning to end by partnering with Advisors, Underwriting, Risk, Product Subject Matter Experts, Portfolio Management, and Servicing & Fulfillment. The CA brings thought leadership and credit expertise to structuring highly customized credit solutions to meet the unique needs of our ultra-high-net-worth clients.
This role will have responsibility for Private Bank custom lending covering the Houston, Austin and San Antonio markets.
Responsibilities:
• Leads the growth of funded loans and revenue, while mitigating risks and adhering to regulatory requirements
• Develops, deepens, and sustains relationships with market leadership, Advisors, and clients, while building credibility
• Creates a client-centric culture by applying in-depth knowledge of clients, timely renewals, and issue resolution, and providing competitive deal structuring while serving as the key point of contact for credit clients
• Educates key partners and Advisors on platform capabilities and risk appetite to increase engagement and penetration
• Partners and collaborates with Underwriting, Risk, Operations, and Portfolio Management to deliver a seamless client experience
• Maintains asset quality within the defined Global Wealth and Investment Management risk appetite limits
Required Qualifications:
• 10 plus years of commercial credit or wealth management credit experience
• Strong oral and written communication skills
• Effectively present to Private Bank leadership and advisors around Custom Credit
• Strong credit skills (commercial / UHNW)
• Organized and can handle/prioritize several transactions at the same time
• Ability to work well with underwriting, risk, and other business partners
• Find new deals, structure, prepare deal sheets, negotiate, and close complex loan structures
• Conduct preliminary analysis to determine viability of loan opportunities (run ratios, DSC analysis, risk rating estimates, etc.
• Manage ongoing loan portfolio (reporting, covenants, etc.)
Desired Qualifications:
• Ability to structure loans to UHNW clients secured by commercial real estate, securities, artwork, hedge funds / private equity funds, yachts, life insurance products, as well as unsecured loans
• BS degree / MBA
Skills:
• Business Development
• Loan Structuring
• Negotiation
• Prospecting
• Relationship Building
• Active Listening
• Business Acumen
• Client Management
• Customer and Client Focus
• Profitability Analysis
• Influence
• Pipeline Management
• Portfolio Management
• Problem Solving
• Sales Strategy
Shift:
1st shift (United States of America)Hours Per Week:
40
About the company
Bank of America
Large Enterprise
Bank of America is a leading multinational banking and financial services corporation based in the United States. With a broad range of services including consumer banking, investment banking, asset management, and wealth management, it serves millions of customers across the globe. The company is committed to innovation and sustainability, aiming to deliver a seamless banking experience while fostering economic growth in the communities it serves. Bank of America's diverse workforce and inclusive culture support its goal of providing exceptional financial solutions tailored to meet the needs of individuals and businesses alike.