Private Client Advisor II

Bank of America

3.2

(114)

Chicago, IL

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-24028789

    Position summary

    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 acquiring new clients, deepening client relationships, and building upon an internal and external network to achieve business development goals. Key responsibilities include leading the Client Management Process and partnering across the enterprise to provide a Branded Client Experience, including access to the full array of Private Bank and the bank's capabilities and services to meet specific client needs. Job expectations include ensuring retention of clients. 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:

    • Leads the Client Process Management Process within the client team to identify new business development opportunities

    • Sources new clients in alignment with the bank's established risk appetite

    • Leads the client team to deliver meaningful interactions and a Branded Client Experience

    • Develops an in-depth understanding of clients' needs, preferences, and overall wealth strategy, being responsive to changes in the business environment and/or with client needs

    • Advocates for clients and prospects as their trusted advisor, providing integrated recommendations including wealth structuring, credit facilities, banking, and asset management

    • Encourages use and adoption of digital capabilities to enhance the client and client team experience

    • Builds relationships with internal and external partners and centers of influence

    Required Skills:

    • Excellent ability to work in team environment

    • Strong interpersonal and influence / partnership skills

    • Significant knowledge of banking and credit: general understanding of investments, trust and wealth transfer

    • 7+ years of successful experience in managing relationships with high net worth clients or equivalent financial services/business experience

    • Series 7, 63 and 65 (or Series 7 and 66) required; unlicensed candidates may be considered if willing to obtain licenses within a standard time frame of 90 days per exam after the first working day in this position

    Desired Skills:

    • MBA or Post-Graduate Degree preferred

    • CFP, CPA, CFA, CTFA, CFM or JD a significant plus

    Addition Skills Used in this Role:

    • Customer focus

    • Relationship Building

    • Building Rapport

    • Credit Analysis

    • Advisory Sales

    • Problem Solving

    • Investment Products & Solutions

    • Client Team Management

    • Influencing

    • Transitioning client conversations

    • Collaboration

    • Mentoring

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

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.