Business Banking Relationship Manager Visa Sponsorship Jobs in Illinois
Business banking relationship manager jobs in Illinois center on Chicago's financial corridor, where institutions like BMO, Northern Trust, Wintrust Financial, and JPMorgan Chase operate major commercial banking operations. The state's dense concentration of mid-market companies and manufacturing firms drives steady demand for relationship managers who can structure credit facilities and treasury solutions for business clients.
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Get Access To All JobsINTRODUCTION
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!
ABOUT THE ROLE
This job is responsible for providing advice and valuable financial solutions to complex Business Banking clients and prospects. Key responsibilities include serving as the primary point of contact/trusted advisor and acquiring, deepening, and maintaining profitable relationships, collaborating with teammates and facilitating client relationships with Product Specialists. Job expectations include having knowledge of the bank's products and services in order to identify cross-selling opportunities and increase overall client satisfaction.
Responsibilities
- Manages an extensive portfolio of complex clients and prospects with annual revenues of $5-50 million and helps companies save, borrow, and invest for their current and future needs
- Acquires, deepens, and maintains profitable client relationships through sales, prospecting and enhancing existing relationships
- Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
- Collaborates with local market stakeholders and teammates throughout the bank, including Investment Banking, Foreign Exchange, and Wealth Management and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services in order to design and deliver financial solutions to clients and prospects
- Leads and facilitates dialogue with a variety of complex clients and prospects regarding topics such as the client and prospect industry, alternative capital structures, and general business issues
- Coaches and mentors peers, while utilizing leadership skills
- Adapts to changes in sales practices and broader market and industry conditions as needed
BASIC QUALIFICATIONS
- Minimum of five years of experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector
- Experience managing an extensive portfolio of clients with annual revenues of $20-$50 million
- Proven track record of sales, prospecting new business and enhancing existing relationships
- Ability to understand and interpret financial statements and cash flow analysis to assess and analyze financial conditions of companies and industry trends
PREFERRED QUALIFICATIONS
- Bachelor's degree in business, finance, economics or related field or equivalent relevant work experience
SKILLS
- Business Development
- Client Experience Branding
- Client Management
- Client Solutions Advisory
- Relationship Building
- Account Management
- Financial Analysis
- Leadership Development
- Loan Structuring
- Referral Identification
- Credit Documentation Requirements
- Pipeline Management
- Referral Management
- Regulatory Compliance
- Risk Management
MINIMUM EDUCATION REQUIREMENT
High School Diploma / GED / Secondary School or equivalent
SHIFT
1st shift (United States of America)
HOURS PER WEEK
40
INTRODUCTION
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!
ABOUT THE ROLE
This job is responsible for providing advice and valuable financial solutions to complex Business Banking clients and prospects. Key responsibilities include serving as the primary point of contact/trusted advisor and acquiring, deepening, and maintaining profitable relationships, collaborating with teammates and facilitating client relationships with Product Specialists. Job expectations include having knowledge of the bank's products and services in order to identify cross-selling opportunities and increase overall client satisfaction.
Responsibilities
- Manages an extensive portfolio of complex clients and prospects with annual revenues of $5-50 million and helps companies save, borrow, and invest for their current and future needs
- Acquires, deepens, and maintains profitable client relationships through sales, prospecting and enhancing existing relationships
- Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
- Collaborates with local market stakeholders and teammates throughout the bank, including Investment Banking, Foreign Exchange, and Wealth Management and facilitates client relationships with Product Specialists in Credit, Treasury Management, and Merchant Services in order to design and deliver financial solutions to clients and prospects
- Leads and facilitates dialogue with a variety of complex clients and prospects regarding topics such as the client and prospect industry, alternative capital structures, and general business issues
- Coaches and mentors peers, while utilizing leadership skills
- Adapts to changes in sales practices and broader market and industry conditions as needed
BASIC QUALIFICATIONS
- Minimum of five years of experience in commercial lending, business development, commercial credit and portfolio management in business banking or middle market sector
- Experience managing an extensive portfolio of clients with annual revenues of $20-$50 million
- Proven track record of sales, prospecting new business and enhancing existing relationships
- Ability to understand and interpret financial statements and cash flow analysis to assess and analyze financial conditions of companies and industry trends
PREFERRED QUALIFICATIONS
- Bachelor's degree in business, finance, economics or related field or equivalent relevant work experience
SKILLS
- Business Development
- Client Experience Branding
- Client Management
- Client Solutions Advisory
- Relationship Building
- Account Management
- Financial Analysis
- Leadership Development
- Loan Structuring
- Referral Identification
- Credit Documentation Requirements
- Pipeline Management
- Referral Management
- Regulatory Compliance
- Risk Management
MINIMUM EDUCATION REQUIREMENT
High School Diploma / GED / Secondary School or equivalent
SHIFT
1st shift (United States of America)
HOURS PER WEEK
40
Business Banking Relationship Manager Job Roles in Illinois
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Search Business Banking Relationship Manager Jobs in IllinoisBusiness Banking Relationship Manager Jobs in Illinois: Frequently Asked Questions
Which companies sponsor visas for business banking relationship managers in Illinois?
Major Illinois-based and Chicago-headquartered financial institutions with documented H-1B visa sponsorship history include BMO Harris Bank, Northern Trust, Wintrust Financial, Byline Bank, and large national banks like JPMorgan Chase and Bank of America. Regional and community banks occasionally sponsor as well, particularly for candidates with specialized commercial lending or treasury management experience that is difficult to source domestically.
Which visa types realistically fit business banking relationship manager roles in Illinois?
The H-1B is the most common path, treating the role as a specialty occupation requiring a finance, economics, or business degree. H-1B1 visa applies to Chilean and Singaporean nationals, and E-3 visa applies to Australian nationals, both under the same specialty occupation framework with an employer-filed Labor Condition Application. OPT allows F-1 graduates to work without employer sponsorship during the authorization period. A green card through EB-2 or EB-3 is an option for longer-term permanent residence.
Which cities in Illinois have the most business banking relationship manager sponsorship jobs?
Chicago accounts for the overwhelming share of business banking relationship manager roles in Illinois, driven by its concentration of bank headquarters, regional offices, and the density of commercial clients in sectors like manufacturing, logistics, and professional services. Suburban markets including Schaumburg, Oak Brook, and Rosemont hold additional positions tied to corporate campuses. Smaller downstate markets like Peoria and Rockford have isolated openings but far fewer sponsoring employers.
How to find business banking relationship manager visa sponsorship jobs in Illinois?
Migrate Mate lists Illinois employers with verified sponsorship history for business banking relationship manager roles, letting you focus on companies that have already filed for similar positions rather than applying broadly and discovering sponsorship eligibility late in the process. Chicago's financial sector is active, so filtering specifically to Illinois on Migrate Mate surfaces relevant openings at both large institutions and growth-stage regional banks expanding their commercial portfolios.
Are there state-specific factors that affect visa sponsorship for business banking relationship managers in Illinois?
Illinois has no state-level visa program, but Chicago's status as a Midwest financial hub creates practical advantages: a higher density of legal, HR, and compliance infrastructure at major banks means sponsorship processes are more established than at smaller institutions in other states. Illinois also has a strong pipeline of finance graduates from the University of Chicago, Northwestern, and University of Illinois, which some employers factor into their OPT and H-1B hiring strategies for relationship manager roles.
What is the prevailing wage for sponsored business banking relationship manager jobs in Illinois?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.