LMO Market Executive - Chicago

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!

Job Description:

This job is responsible for leading and directing local market strategy, fiscal strategy, and supporting the local President within major markets. Key responsibilities include serving as coordinator/convener of the local market leadership team, driving market growth & collaboration, and overseeing employee engagement and community impact. Job expectations include acting as a proxy for the local President in representing the bank both internally and externally in the assigned market.

The Chicago Market Executive leads and directs the local market strategy, fiscal strategy, and supports the President of the Chicago market. Responsible for partnering with the local market team to drive market growth & collbaroration, employee engagement and community impact. Acts as proxy for the President of the Chicago market in representing the company in the local community and internal functions and events. Partners with the President of the Chicago market in the leadership and execution of the three priorities:

Deliver for Our Clients

Own the development and execution of an integrated strategic plan across all market priorities in partnership with the Market President, Market Integration Executive, Consumer Lead, Enterprise Relationship Specialist and other line of business local market leaders

Lead engagement initiatives and ensure sponsorship assets are aligned with business growth objectives in the strategic plan

Drive Market Growth & Collaboration performance in close partnership with the Market President, Market Integration Executive, Consumer Lead, and Enterprise

Relationship Specialist

Plan streamlined routines, setting the tone/expectations for leadership team meetings and Market Growth & Collaboration/Market Share Growth council meetings

Ensure consistent routines are in place to inspect partnership engagements across all LOBs and receive updates on progress against strategic plan priorities

Manage local market fiscal investments in accordance with strategic plan; accurately forecast local spend, process budgets in a timely manner, and proactively

escalate potential variance to senior management

Strategically lead and execute coordination of Market Sponsor (MS) or MTM visits (as appropriate)

Deliver for Our Communities

Drive community development and economic mobility outcomes through target partnerships aligned to local market growth priorities

Strategically manage community investment opportunities by balancing tradeoffs and making difficult decisions

Deliver the full breath of our company’s capabilities to help our non-profit partners achieve their financial goals

Promote enterprise messaging priorities via collaboration with Marketing, Media Relations, Government Relations, and LOB teams in engaging key stakeholders,

tracking activities and sharing stories

Participate in community initiatives to advance priorities across LMO, our lines of business or the Enterprise

Deliver for Our Employees

Build local market culture: Promote and activate employee engagement, career development, volunteerism and recognition

Provide support in times of crisis: Partner with the MP, Market HR (MHR), Communications, Global Response and Life Event Services to support impacted employees

Serve as a visible and active leader representing the organization

Responsibilities:

• •Partners with the local President to provide strategic and cohesive guidance across all Lines of Business to drive business growth and customer satisfaction
• •Drives market growth & collaboration, leads the bank's community strategy, and oversees and promotes engagement from employees representing the bank
• •Provides strategy and direction on how the bank delivers local and enterprise assets to serve customers and clients across the market
• •Builds and maintains relationships with key stakeholders to help deliver the bank's message externally

Required Skills:

• •10+ years of experience
• •Bachelor’s Degree or equivalent working experience
• •Deep knowledge of the bank’s local market delivery strategy and the role of the Local Market Organization in the enterprise narrative
• •Experience leading through change and influencing without direct authority
• •Ability to identify opportunities for business growth, develop strategic initiatives and drive to achieve desired results
• •Proven experience managing multiple competing priorities simultaneously, strong prioritization and time management skills, self-directed, results-oriented
• •Must live in or near Chicago

Desired Skills:

• •Ability to think strategically
• •Ability to navigate and collaborate effectively with a variety of stakeholders, both internal and external to the bank
• •BAC culture and vision champion
• •Executive-level communication skills
• •Ability to build, lead and develop talent
• •Experience in revenue-generating role

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)

Pay and benefits information

Pay range

$185,000.00 - $232,200.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.