Bank of America

Regional Business Development Officer – Practice Solutions

Bank of America

full-time

Posted on:

Location Type: Hybrid

Location: Newport BeachCaliforniaIllinoisUnited States

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Salary

💰 $100,000 - $107,500 per year

About the role

  • This job is responsible for identifying and developing new client relationships with healthcare professionals in their respective territories through direct calling and networking efforts.
  • Key responsibilities include independently developing referral business through intermediaries (consultants, attorneys, accountants, brokers, and realtors)
  • Analyzing client financials and product needs
  • Implementing appropriate sales strategies to carry out responsibilities and achieve production goals.
  • Job expectations includes 70% travel, credit acumen, knowledge of products, and presentation skills.

Requirements

  • Excellent oral and written communication skills including presentations
  • Self-motivated and result oriented
  • 5+ experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector required
  • 2+ years of Practice Solutions sales or 3+ years of healthcare industry sales and/or healthcare specific financing
  • Management of an extensive portfolio of clients with annual revenues of $5-$50 million
  • Proven track record of sales, prospecting new business and enhancing existing relationships
  • Ability to understand and interpret financial statements and cash flow analysis to assess and analyze financial conditions of companies and industry trends.
Benefits
  • 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.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
commercial lendingbusiness developmentcommercial creditportfolio managementfinancial analysiscash flow analysissales strategiespresentation skillsclient relationship managementreferral business development
Soft Skills
oral communicationwritten communicationself-motivatedresult orientednetworkinganalytical skillsinterpersonal skillsprospectingrelationship enhancementstrategic thinking