Credit Product Specialist, Global Wealth & Investment Management
NEW YORK, NYPosted 17 days ago
Job summary
Job post source
This job is directly from Bank of America
Job overview
The Credit Product Specialist in Global Wealth & Investment Management at Bank of America supports credit strategies to grow lending business with wealth management clients, acting as an extension of Credit Executives.
Responsibilities and impact
The role involves identifying and delivering credit opportunities to Financial Advisors' clients, supporting credit solution delivery, establishing new credit relationships, and collaborating with various teams to generate balance and revenue growth.
Compensation and benefits
The salary range is $99,000 to $150,800 annually, with discretionary incentives based on performance, and includes industry-leading benefits, paid time off, and support resources.
Experience and skills
Requires 3 years of relevant finance or banking experience; preferred qualifications include a bachelor's degree and experience in marketing private wealth credit solutions, client relationship cultivation, loan structuring, financial analysis, and portfolio compliance.
Career development
Bank of America offers opportunities to learn, grow, and make an impact with a commitment to developing exceptional talent and supporting career progression.
Work environment and culture
The company emphasizes an inclusive workplace, physical, emotional, and financial wellness, recognition, and a hybrid in-office culture with role-specific flexibility.
Company information
Bank of America is a major financial institution focused on responsible growth, client service, and community impact, operating with a purpose to improve financial lives.
Team overview
The Specialist works closely with Financial Advisors, Credit Executives, Credit leadership, Risk Management, and other specialists within GWIM to achieve credit and revenue goals.
Job location and travel
The position is based in New York, NY at One Bryant Park, Bank of America Tower, with a standard 40-hour first shift schedule.
Unique job features
The role offers a high-touch advisor/client experience and involves diverse loan types including securities-based, commercial real estate, and specialty loans, distinguishing it within wealth management credit roles.
Company overview
Bank of America is a leading multinational financial institution that provides a wide range of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The company generates revenue through interest income, fees, and commissions from its diverse portfolio of services including consumer banking, wealth management, and global banking. Founded in 1904 as the Bank of Italy, it has grown through significant mergers and acquisitions, including the notable acquisition of Merrill Lynch in 2008, which expanded its investment banking and wealth management capabilities.
How to land this job
Position your resume to highlight your experience in credit product management, relationship building with financial advisors, and delivering tailored credit solutions in wealth management.
Emphasize skills like loan structuring, portfolio management, financial analysis, and client management to align with the responsibilities of supporting and expanding credit relationships.
Apply through multiple channels including Bank of America's corporate careers site, LinkedIn, and other job boards to maximize application visibility.
Connect with professionals in the Global Wealth & Investment Management division on LinkedIn; use ice breakers such as commenting on recent Bank of America initiatives in wealth management or asking about their experience working with credit products.
Optimize your resume for ATS by incorporating keywords from the job description such as 'credit product specialist,' 'loan structuring,' 'portfolio management,' 'client relationship,' and 'financial analysis' to ensure it passes initial screenings.
Utilize Jennie Johnson's Power Apply feature to automate tailored applications, identify optimal application channels, and find relevant LinkedIn contacts, allowing you to focus your time on networking and interview preparation.
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