Sr. Relationship Manager - Global Commercial Banking – Dealer Financial Services
Company: Bank of America
Location: Paramus
Posted on: April 1, 2026
|
|
|
Job Description:
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! Bank of America’s Dealer Financial Services
(DFS) is seeking a Sr. Relationship Manager to join our team.
Dealer Financial Services (DFS) is part of the Commercial Bank
which serves public and private companies with annual revenues of
$50 million to $2 billion. Dealer Finance is a specialty group that
provides the full range of commercial banking services to new
automotive, and recreational vehicle dealers across the United
States. The Relationship Manager will cover clients and prospects
in Ohio and Western, PA. The Senior Relationship manager is
responsible for initiating, maintaining and building existing and
new dealer commercial client relationships. Focus will be placed on
establishing brand new commercial relationships for Dealer
Financial Services (DFS) and the Bank as well as maintaining our
existing significant client relationships. This is a great
opportunity to build and grow a dealer portfolio in a major market
with the strength of the Bank of America brand and product
offerings to support you. Product offerings will include new and
used vehicle floor plan lines of credit, term loan financing (both
real estate secured and otherwise), DDA /Treasury products,
Merchant Services, 401k & Employee Benefits services. The ideal
candidate will successfully demonstrate his/her extensive product
knowledge and ability to effectively prospect, market, prioritize
and solicit appropriate dealer commercial clients, determine the
optimum needs for these clients and lead a team of product
professionals in closing assigned revenue objectives for DFS.
*Primary focus will be on new business development. Required
Skills: At least 7 – 10 years of broad based sales experience
within Commercial Dealership Sales (Floor Plan, Real Estate or
Treasury Loans, etc.) or Sales Experience within the Dealer Captive
Market again focusing on the commercial market. Requires extensive
experience in financial analysis and a thorough understanding of
dealership financial statements Ability to accurately review and
opine on the strength/weaknesses of the client's Income Statement
and Balance Sheet reporting with emphasis on cash flow and
liquidity Astutely can assess the current and historical financial
condition of a company by analyzing ratios, the asset conversion
cycle, and cash flow and can identify all of the critical elements
for loan structuring Understands clients’ business strategies and
their needs Expertly applies sound accounting principles to
spreading financial statements and analyzing credit Leverages
relevant technology, tools and resources to maximize the financial
management of the business Brings in partners at the appropriate
time to support a sales opportunity Knows where to find industry
information and uses the data to effectively pre-call plan
Leverages an in-depth knowledge of the customer's/client's business
to uncover needs in order to deliver the appropriate bank solution
Desire to sell not only core Treasury and Credit services, but also
to drive responsible growth through the successful implementation
of a broad array of solutions including – Financial Life Benefits,
GWIM solutions, and advanced Digital capabilities. Desired Skills:
Undergraduate degree in related field or equivalent work experience
Existing knowledge of the market preferred Demonstrates flexibility
and openness to new ideas and to change; adapts to changing
environments, situations, and job responsibilities Negotiates
effectively by managing client expectations around deals
(overcoming objections) Capitalizes on unexpected events or
circumstances and turns them into sales opportunities Identifies
and openly shares cross-selling opportunities with partners;
influences internal partners/contacts to refer business Shift: 1st
shift (United States of America) Hours Per Week: 40
Keywords: Bank of America, Allentown , Sr. Relationship Manager - Global Commercial Banking – Dealer Financial Services, Accounting, Auditing , Paramus, Pennsylvania