Role at a glance
- Salary
- Not yet verified Check the description for pay details; an amount or pay period has not been verified.
- Location
- Los Angeles, United States
- Work arrangement
- On-site
- Employment
- Full-time
- Experience
- Senior Level Must have a minimum of 10 years’ experience in Commercial Lending or Investment Banking.
- Education
- Undergraduate degree or equivalent work experience desired: Majors in business, finance or economics preferred. MBA desirable.
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Role Summary
Serves as a senior relationship manager/business development officer for Global Commercial Banking clients and prospects in the Entertainment Industry, advising complex businesses and providing financial solutions. The role manages a portfolio of companies with annual revenues of $50 million to $2 billion and coordinates with bank teams and product specialists to serve client needs.
What You'll Do
- Manage an extensive portfolio of complex clients and prospects, helping companies save, borrow and invest for current and future needs.
- Acquire, deepen and maintain profitable client relationships through sales, prospecting and enhancing existing relationships.
- Interpret financial and cash flow statements to assess companies’ financial conditions and industry trends.
- Collaborate with domestic and international bank teammates and product specialists to design and deliver financial solutions.
- Lead discussions with clients and prospects about their industries, alternative capital structures and general business issues.
- Coach and mentor peers, and adapt to changes in sales practices and market conditions.
Generated from the employer's posting. Verify important details before applying.
View full postingQualifications
Required: Minimum 10 years’ experience in Commercial Lending or Investment Banking; ability to manage an extensive client portfolio; a track record of prospecting, enhancing relationships and closing profitable transactions; professional sales skills and experience, including client meeting planning, execution and follow-up; strong corporate finance, capital markets and accounting acumen; financial modeling experience and completion of formal credit training; strong oral and written communication; demonstrated leadership; and ability to organize, facilitate, lead and negotiate with bank associates. Must obtain SIE, Series 7 and 63 licenses within 180 days of the start date. Listed skills include client management, client solutions advisory, prospecting, relationship building, risk management, financial analysis, leadership development, project management, referral identification, sales performance management, business development, client experience branding, continuous improvement, data and trend analysis, and pipeline management.
Preferred
- Existing knowledge of the market preferred.
- Active networking contacts and Centers of Influence established in the market.
- Active member/participation in local community organizations.
- Undergraduate degree or equivalent work experience desired; majors in business, finance or economics preferred; MBA desirable.
Original job description
Content provided by the employer
Original job description
Content provided by the employer
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 providing advice and valuable financial solutions to complex Global Commercial Banking Entertainment Industry clients and prospects. Key responsibilities include serving as the primary point of contact or trusted advisor and acquiring, deepening, and maintaining profitable relationships, collaborating with teammates, and facilitating client relationships with Product Specialists. Job expectations include having knowledge of the bank's products and services in order to identify cross-selling opportunities and increase overall client satisfaction.
This Sr. Relationship Manager/Business Development Officer will focus on clients and prospective clients in the Entertainment Industry.
Office location is Downtown Los Angeles.
Responsibilities:
Manages an extensive portfolio of complex clients and prospects with annual revenues of $50 million to $2 billion and helps companies save, borrow, and invest for their current and future needs
Acquires, deepens, and maintains profitable client relationships through sales, prospecting, and enhancing existing relationships
Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
Collaborates with domestic and international teammates throughout the bank, including Investment Banking, Foreign Exchange, and Wealth Management and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services in order to design and deliver financial solutions to clients and prospects
Leads and facilitates dialogue with a variety of complex clients and prospects regarding topics such as the client and prospect industry, alternative capital structures, and general business issues
Coaches and mentors peers, while utilizing leadership skills
Adapts to changes in sales practices and broader market and industry conditions as needed
Skills:
Client Management
Client Solutions Advisory
Prospecting
Relationship Building
Risk Management
Financial Analysis
Leadership Development
Project Management
Referral Identification
Sales Performance Management
Business Development
Client Experience Branding
Continuous Improvement
Data and Trend Analysis
Pipeline Management
Required Skills
- Must have a minimum of 10 years’ experience in Commercial Lending or Investment Banking.
- Demonstrates ability to successfully manage an extensive portfolio of clients.
- Proven track record of prospecting new business, enhancing existing relationships and closing profitable transactions.
- Professional proven sales skills and experience, including planning, execution and follow up of client meetings.
- Strong corporate finance, capital markets and accounting acumen.
- Financial modeling experience and the completion of a formal credit training is required.
- Outstanding oral and written communication skills.
- Demonstrated leadership ability.
- Capable of organizing, facilitating, leading and negotiating with a team of bank associates to solve client problems.
- Securities Industry Essentials (SIE), Series 7 & 63 (Must obtain SIE, Series 7 & 63 license within 180 days of start date)
Desired skills:
- Existing knowledge of the market preferred.
- Active networking contacts and Centers of Influence established in the market.
- Active member/participation in local community organizations.
Minimum Education Requirements:
- Undergraduate degree or equivalent work experience desired: Majors in business, finance or economics preferred. MBA desirable.
The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC
Shift:
1st shift (United States of America)Hours Per Week:
40Pay Transparency details
US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193)Pay and benefits informationPay range$140,000.00 - $235,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.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.