Global Commercial Banking and Business Banking - Strategy Execution Lead
New York, New York;Chicago, Illinois
**Job Description:**
Bank of America is home to one of the largest global commercial banks in the world includes Business Banking and Global Commercial Banking, two of Bank of America's eight lines of business.
Business Banking offers strategic advice and integrated financial solutions to U.S. companies with annual revenues of $5 million to $50 million. Global Commercial Banking provides treasury, lending, leasing, investment banking, risk management and international subsidiary banking services to middle-market U.S. companies with revenues of $50 million to $2 billion across all major industries.
The Commercial Banking Strategy team supports the leadership of these two award-winning businesses in pursuit of Bank of America's purpose to help make financial lives better, through the power of every connection.
Our growing team is comprised of former management consultants and corporate strategy practitioners, who are responsible for leading and incubating critical strategy and transformation efforts. Typical engagements are commissioned and sponsored by our Business CEOs and other Management Team Members, and developed in close collaboration with our business, product, and function partners. Our Head of Strategy reports directly to the Business Banking and Global Commercial Banking CEOs, is a member of their respective Executive Leadership teams, and is accountable to them for driving the strategic direction of our businesses.
This role is equivalent to an Associate/Jr. Engagement Manager/Case Team Lead title at some strategy consulting firms or a Senior Associate title at some financial services companies.
We are an equal opportunity employer and value diversity.
This role is based in New York City or Chicago.
**What you'll do**
+ Own and drive 1-2 modules within broader strategy engagement with some oversight from more senior Strategy team members
+ Help influence our businesses' strategic direction and agenda with direction from other senior Strategy and business leaders
+ Bring in new, innovative ideas with the goal of self-disrupting current business models and product offerings
+ Build relationships with key members on partner teams across the bank to source information and validate hypotheses
**What you'll bring to the team**
+ Minimum 4 years professional experience; 2+ years in a corporate development or strategy group of a financial services firm, management consulting firm, investment bank or private equity firm
+ Track record of excellence and achievement
+ Strong problem solving and analytical skills; high level of comfort with numbers and financial modeling
+ Knowledge of financial services; commercial banking and capital markets knowledge is a plus
+ Entrepreneurial initiative, coupled with commitment to highest quality standards and attention to detail
+ Team player able to bring together people and perspectives for new solutions, build confidence and trust
+ Strong presence, executive communication, and relationship building skills
+ Ability to work with changing deadlines and competing priorities
+ Undergraduate degree required; MBA or advanced business degree from a top-tier institution is a plus
**What we offer**
+ An impactful role in which you help improve clients' financial lives, work at the forefront of corporate banking innovation, and drive change
+ A position in a highly regarded team with significant exposure to senior management
+ An opportunity to deepen your business skill set under the leadership of experienced professionals
+ Access to significant resources dedicated to supporting your learning and development
+ Attractive compensation and comprehensive benefits package
+ Opportunity to work within a highly diverse and supportive team
**Job Band:**
H5
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
0
**Job Description:**
Bank of America is home to one of the largest global commercial banks in the world includes Business Banking and Global Commercial Banking, two of Bank of America's eight lines of business.
Business Banking offers strategic advice and integrated financial solutions to U.S. companies with annual revenues of $5 million to $50 million. Global Commercial Banking provides treasury, lending, leasing, investment banking, risk management and international subsidiary banking services to middle-market U.S. companies with revenues of $50 million to $2 billion across all major industries.
The Commercial Banking Strategy team supports the leadership of these two award-winning businesses in pursuit of Bank of America's purpose to help make financial lives better, through the power of every connection.
Our growing team is comprised of former management consultants and corporate strategy practitioners, who are responsible for leading and incubating critical strategy and transformation efforts. Typical engagements are commissioned and sponsored by our Business CEOs and other Management Team Members, and developed in close collaboration with our business, product, and function partners. Our Head of Strategy reports directly to the Business Banking and Global Commercial Banking CEOs, is a member of their respective Executive Leadership teams, and is accountable to them for driving the strategic direction of our businesses.
This role is equivalent to an Associate/Jr. Engagement Manager/Case Team Lead title at some strategy consulting firms or a Senior Associate title at some financial services companies.
We are an equal opportunity employer and value diversity.
This role is based in New York City or Chicago.
**What you'll do**
+ Own and drive 1-2 modules within broader strategy engagement with some oversight from more senior Strategy team members
+ Help influence our businesses' strategic direction and agenda with direction from other senior Strategy and business leaders
+ Bring in new, innovative ideas with the goal of self-disrupting current business models and product offerings
+ Build relationships with key members on partner teams across the bank to source information and validate hypotheses
**What you'll bring to the team**
+ Minimum 4 years professional experience; 2+ years in a corporate development or strategy group of a financial services firm, management consulting firm, investment bank or private equity firm
+ Track record of excellence and achievement
+ Strong problem solving and analytical skills; high level of comfort with numbers and financial modeling
+ Knowledge of financial services; commercial banking and capital markets knowledge is a plus
+ Entrepreneurial initiative, coupled with commitment to highest quality standards and attention to detail
+ Team player able to bring together people and perspectives for new solutions, build confidence and trust
+ Strong presence, executive communication, and relationship building skills
+ Ability to work with changing deadlines and competing priorities
+ Undergraduate degree required; MBA or advanced business degree from a top-tier institution is a plus
**What we offer**
+ An impactful role in which you help improve clients' financial lives, work at the forefront of corporate banking innovation, and drive change
+ A position in a highly regarded team with significant exposure to senior management
+ An opportunity to deepen your business skill set under the leadership of experienced professionals
+ Access to significant resources dedicated to supporting your learning and development
+ Attractive compensation and comprehensive benefits package
+ Opportunity to work within a highly diverse and supportive team
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-22081074
Band: H5
Manages People: No
Travel: Yes, 5% of the time
Manager:
Talent Acquisition Contact:
Vicki Valhouli
Referral Bonus:
0
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .
