Home
/
Account Management
/
Sr. Relationship Manager - Healthcare, Education, Not-for-Profit Group
Sr. Relationship Manager - Healthcare, Education, Not-for-Profit Group-May 2024
Baltimore
May 3, 2025
ABOUT MERRILL
Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals and businesses. We focus on helping all clients pursue the
10,000+ employees
Financial Services
VIEW COMPANY PROFILE >>
About Sr. Relationship Manager - Healthcare, Education, Not-for-Profit Group

  Job Description:

  This role is responsible for providing advice and valuable financial solutions to complex Global Commercial Banking clients and prospects. Key responsibilities of the role include serving as the primary point of contact / trusted advisor and acquiring, deepening and maintaining profitable relationships. This role is also responsible for collaborating with teammates and leading/facilitating client relationships with product specialists. These individuals are well versed in our products and services in order to identify cross-selling opportunities and increase overall client satisfaction.

  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!

  The Sr. Relationship Manager will be part of our Healthcare, Education and Not-for-team and can be based in Baltimore, MD or Washington, DC. The Healthcare, Education and Not for Profit Group ("HENFP") is part of the Global Commercial Bank. HENFP is unique in that our client teams are dedicated to adding value by providing specialized products and solutions to Not-for-Profit Healthcare (hospital systems), Private Higher Education, and Not For Profits (charitable, cultural and professional institutions); with annual revenues starting at $50 million and with no upper limit on revenue size of those organizations (the largest exceed $20 billion in annual revenue).

  The Relationship Manager (RM) is responsible for prospecting new targeted relationships while managing, and growing, a portfolio of existing HENFP clients. The RM serves as a trusted advisor who through an examination of needs and opportunities of the institution, working collaboratively with the client and bank product partners, sells financial services to meet needs, solve problems, and unlock new opportunity. In addition to being the primary bank advocate and key financial advisor for the relationship, the RM is accountable for prospecting new business and deepening existing relationships. The RM candidate is expected to have the ability to engage in dialogue with CEO, CFO, and Treasurer (among other leaders) regarding the prospect and client industry dynamics, capital structures, treasury solutions, and deliver the full breadth of Bank of America's solutions. The RM candidate is also responsible for leading, directing and coordinating key team members in analysis and execution in the effective delivery of their products and services to clients and prospects. The RM must be well versed (or have the ability to quickly become well versed) in all Bank of America products and services for proper identification of multiple solution options. A proven track record of prospecting new business and enhancing existing relationships is desired. Proven sales skill and leadership experience, including planning, execution and follow up of client meetings. Must be able to assess and analyze financial conditions of a healthcare and higher education organization and industry trends. Must have the ability to understand and interpret financial statements, especially cash flow statements. *Position may be filled as a Sr. Relationship Manager or a Relationship Manager, depending on experience and qualifications.

  Required:

  Security Industry Essentials (SIE), Series 7, 63 (Must obtain series 7 & 63 license within 180 days of start date)Undergraduate degree required: MBA or equivalent advanced degree is desirable.Bank credit training is required.At least 10 - 15 years of broad based commercial lending/corporate finance/relationship management experience.Demonstrates management capability of an extensive portfolio of Healthcare, Education and/or NFP clients with revenues greater than $50millionProven track record of prospecting new business and enhancing existing relationships.Professional proven sales skills and experience, leadership and collaboration with team members, including planning, execution and follow up of client meetings.Outstanding oral and written communication skills.Demonstrated leadership ability.Capable of organizing, facilitating, leading and negotiating with team of bank associates to solve client problems and uncover new opportunities.

  Desired:

  Active member/participation in local community organizations.Highly desirable to have active networking contacts and Centers of Influence established in the Baltimore/DC market.Desire to work in a specialty team with an interest in Healthcare, Education & NFP Institutions.Experience in these industries highly desirable.

  Skills:

  • Business Development

  • Advisory Sales

  • Referral Sales

  • Prospecting and Qualification

  • Risk Management

  • Financial Analysis

  • Customer Focus

  • Leadership Skills

  • Relationship Building

  • Client Team Management

  • Negotiation

  • Active Listening

  • Executive Presence

  • Written Communication

  • Organization

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Middle Market Division Vice President, West Division
Pay Philosophy The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for thi
Auto Dealer Audit Manager
Looking to work at a firm that encourages a work life balance? Withum is a forward-thinking, technology-driven advisory and accounting firm, helping clients to Be in a Position of StrengthSM in today
Partner Account Manager - Canada
Who we are Samsara (NYSE: IOT) is the pioneer of the Connected Operations™ Cloud, which is a platform that enables organizations that depend on physical operations to harness Internet of Things (IoT)
Territory Account Manager - HIV Prevention - Seattle South/Washington
Site Name: USA - Washington - Seattle South, USA - Washington - Olympia Posted Date: Dec 7 2023 Territory: Seattle South/Washington Company Overview ViiV Healthcare is a global specialty HIV company,
account manager
Position: account manager Job Description: What You will Be Doing Principal Accountabilities Manage the overall account relationship by providing strategic service and support to assigned customer ba
Business Relationship Manager
Job Title- Business Relationship Manager Location- UniOps Bangalore ABOUT UNILEVER: Be part of the world's most successful, purpose-led business. Work with brands that are well-loved around the world
Area Manager
Futures start here. Where first steps, new friendships, and confident learners are born. At KinderCare Learning Companies, the first and only early childhood education provider recognized with the Ga
Program Manager 1
At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and in
Managed Services- Functional Workday Payroll Sr. Associate
A career in our Managed Services team will provide you an opportunity to collaborate with a wide array of teams to help our clients implement and operate new capabilities, achieve operational efficie
Strategic Account Manager
Requisition #: 13524 When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, An
Copyright 2023-2025 - www.zdrecruit.com All Rights Reserved