Regional Business Development Officer - Practice Solutions

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

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, and 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.

Responsibilities:

• Prospects new clients and centers of influences

• Develops new business opportunities

• Communicates, negotiates, and developments client leads by intermediaries referrals

• Manages territory sales strategies and market analysis

• Identifies drivers of profitability and cashflow and be able to conduct an analysis from different financial statements

Skills:

• Business Acumen

• Business Development

• Client Management

• Prospecting

• Relationship Building

• Financial Analysis

• Referral Identification

• Referral Management

• Sales Strategy

• Account Management

• Client Solutions Advisory

• Credit Documentation Requirements

• Pipeline Management

• Presentation Skills

Required Qualifications:

• 1+ years of Practice Solutions sales or 3+ years of healthcare industry sales and/or healthcare specific financing

• Can analyze financial conditions of clients, healthcare industry trends, and understand cashflow analysis

• Ability to demonstrate examples of creating new relationships/partnerships and deepening current client relationships

• Self-Motivated and proven success of exceeding goals

Desired Qualifications:

• Strong desire to create/retain business with referral sources.

• Undergraduate degree in business, finance or economics

• Formal credit/lending training/strong credit skills with a focus on Practice lending

• Proven business acumen by working with lending products and Small Businesses to provide solutions and services to fit their financial needs

• Strong organizational skills and ability to multi-task in a fast paced and demanding environment

• Excellent oral and written communication skills including presenting to large groups of prospects, clients and/or partners

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

Shift:

Hours Per Week: