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Bank of America

Credit Solutions Advisor - Fifth Avenue Financial Center

Bank of America, New York, New York, us, 10261

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Credit Solutions Advisor - Fifth Avenue Financial Center Base pay range

$24.00/hr - $29.00/hr

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. This job is responsible for originating loans for clients with residential mortgage needs and is the primary lending specialist working full time within the financial center. Key responsibilities include delivering First Mortgage and HELOC lending products in person or by telephone and providing products such as Auto Loans, Credit Cards and Core Banking products. Job expectations include effectively balancing sales performance, operational risk, and client relationship care. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities

Provides specialized and personalized service offering advice and guidance to financial center clients through the full spectrum of borrowing and banking offerings at each stage of client's life plan

Builds and deepens relationships with new and existing clients by leveraging the full capabilities of the bank

Analyzes the client's financial needs and applies knowledge of borrowing and banking to recommend financial services that best align with the client's unique priorities

Presents potential home lending product solutions, submits the mortgage application, assists clients with gathering supporting loan documentation, and keeps clients informed throughout the mortgage loan process through outbound calls, email, and online messaging

Connects with clients through outreach and pipeline management activities and conducts consistent follow-up routines to meet client needs

Responds to client requests and makes referrals to appropriate internal partners based on client needs

Partners with financial center leaders, performance managers, and market leaders to provide specialized guidance and coaching to financial center associates regarding delivery of an exceptional client experience

Required Qualifications

Minimum of 2 years of mortgage origination experience or has previously held related roles at Bank of America for 1 year, such as Home Service Specialist II, Lending Client Associate, Lending Client Support Manager, Lending Specialist, Senior Banker, Business Solutions Advisor or Financial Solutions Advisor

Knowledge of credit and home lending requirements

Actively listens to the client to determine needs and goals; proactive client interaction

Professional, effective, confident communication; comfortable engaging all clients in person and over the phone

Critical thinker; analyzes financial and credit data to advise on product/pricing policies and guidelines

Strong customer service skills; manages end-to-end client experience and problem resolution

Strong written and verbal communications

Ability to handle ambiguity and adapt to changing circumstances

Dedicated, enthusiastic, driven with a strong work ethic

Flexibility to work weekends and/or extended hours as needed

Team player and collaborator; builds productive internal and external relationships

Ability to learn and understand technology

Commitment to professional ethics and regulatory due diligence; compliance with Federal and State policies

Desired Qualifications

Experience in a financial center with goals met or exceeded

Ability to analyze complex financial data and provide financial alternatives

Knowledge of banking products and services

Strong time management; able to prioritize multiple tasks

Experience in loan origination in a retail environment; knowledge of Mortgage Products (Conventional, Jumbo, HELOC, Government), and related processing, underwriting and closing procedures

Understanding of Federal real estate lending regulations; FHA and HUD guidelines

Knowledge of other lending products (Credit Cards, Vehicle Loans)

Strong computer skills with MS applications

Skills

Client Management

Client Solutions Advisory

Customer and Client Focus

Referral Identification

Risk Management

Client Experience Branding

Credit Documentation Requirements

Credit and Risk Assessment

Pipeline Management

Referral Management

Attention to Detail

Collaboration

Issue Management

Prospecting

Relationship Building

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

Shift 1st shift (United States of America)

Hours Per Week 40

Seniority level

Entry level

Employment type

Full-time

Job function

Consulting, Information Technology, and Sales

Industries: Banking

Notes: This posting includes details on responsibilities, qualifications, and desired qualifications as provided in the original description. No external tracking or non-essential notices are included here.

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