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Commercial Credit Delivery Center Manager

Bank of America

Bank of America

Charlotte, NC, USA · United States · Remote
Posted on Thursday, September 12, 2024

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

The Commercial Credit Delivery Center Manager is accountable for managing individuals responsible for managing the client credit relationship including financial statement collection, coordinating post approval due diligence and loan closing, ensuring loan setup is accurate as well as managing all aspects of the credit relationship after loan booking. Maintains responsibilities for interfacing with business partners, including senior leaders, to achieve objectives, including leading routines to ensure the loan portfolio remains compliant with all ongoing requirements such as financial statement collection, covenant testing and P&I payments. Provides coaching and development for a team of Credit Specialists who manage a portfolio covering a wide range of industries for multiple markets. The Commercial Credit Specialist Manager is responsible for driving team performance against performance metrics, understanding business and team Employee Satisfaction goals and opportunities and driving process understanding across their team.

The Commercial Credit Delivery Center Manager will drive operational excellence via strict adherence to credit policies and procedures and regulatory requirements, ensuring the work has a high standard of quality accurate data integrity and timeliness.

Managerial Responsibilities:
This position will have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

  • Diversity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company D&I goals.
  • Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
  • Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
  • Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
  • People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
  • Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
  • Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
  • Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating work.

Required Qualifications:

  • 3+ years Commercial credit experience or Commercial banking experience
  • Strong analytical skills and demonstrated history in driving results through reporting & data
  • Effective communicator with the ability to lead and drive change throughout the organization
  • Ability to effectively partner with other business units and various levels of management across the enterprise
  • Proven experience in leadership, decision making, coaching, partnering, and workflow management
  • Ability to demonstrate sense of urgency with decision making and able to work independently
  • Must have proficiency with Microsoft office (Excel, PowerPoint, Word etc.)

Desired Qualifications:

  • BA/BS degree or commensurate work experience required
  • Prior management experience

Skills:

  • Attention to Detail
  • Performance Management
  • Portfolio Management
  • Risk Management
  • Coaching
  • Collateral Management
  • Credit Documentation Requirements
  • Relationship Building
  • Strong Written & Verbal Communications Skills
  • Active Listening
  • Critical Thinking

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40