Jay T. Wampler grabs a few drinks down at City Tavern across for Third Rail Lofts where he lives, a couple blocks down from the Bank of America Plaza tower, with a T-shirt tucked into blue jeans. He wants to be comfortable and enjoy himself after a long day at Bank of America Plaza where he is the managing director of Bank of America’s Global Corporate and Investment Banking Special Assets Group for the Americas.
Though he’s been drinking, he keeps perfect posture and clear words as he talks of his love for his job. He’s never wanted another job.
“I love the ability to take companies that are in financial distress and mend them back to health. When you do that you create a customer for life,” Jay says slowly, pausing after each word in the second sentence to prove the importance of each word. The only thing that bothers him are all the financial regulations on banks right.
“It’s out of control,” Jay says. “I deal with it day by day and do what I got to do.”
Jay has been working in restructuring since 1988. He started out in the largest Bank of America group working with multinational companies; but about a year and a half into his career, he was asked if he wanted to go to the work out group.
“I was 24, 25 years old and jumped at the opportunity to have my own portfolio,” Jays says as he looks over to the green lights pausing for moment. “If I had gone the other direction, I would have been a bagman for a senior vice president basically just doing his grunt work for him.”
At Bank of America, Jay has had great opportunities for travel. He loves to take his wife, a retired stay-at-home mom, whenever he goes.
“I tag along two or three extra days and take her with me and we have the most incredible time,” Jay says with a smile. Her favorite place is probably Key West, Napa Valley or New York City. He doesn’t know his.
Unlike many north Texas residents who live in the burbs but work in Corporate America, Jay loves the last two years he has spent living downtown. He loves that everything is within walking distance from his loft that he shares with his wife and doesn’t have to drive anywhere.
Jay and his wife moved downtown when his two boys left the house. His older son is working for an executive recruiting firm and his younger son is a senior at OSU completing his bachelor’s in business administration before moving on into an MBA like his father.
Jay likes to treat people the way he wants to be treated. He’s a trusting man and treats his subordinates like he treats his sons, he’s there to guide them and lead them but holds them accountable for their actions. He’s a loyal boss and friend, who always has the backs of his coworkers and makes sure not to micromanage.
“I let them do their thing and I trust them and they know I trust them,” Jay says. “I have a great relationship with everyone at my job.”