Private Client Manager I
Posted on: 11 Apr 2021
Rochester, NY
Job Description
Job Description:
The Private Bank is looking to add the industry's most capable and trusted wealth advisors to the team. Inclusive in this opportunity are products, client service and support, and compensation and benefits programs among the most competitive.
Role Overview
* Client team member with overall responsibility for maintaining and deepening existing and newly developed client relationships, while also responsible for contributing to new business development efforts
* Works in close partnership with the Private Bank Analysts and other specialists to ensure there is a coordinated approach to the clients day-to-day needs Reports to the Market Leader or Market Executive and obtains guidance from the client team lead (PCA)
Responsibilities
* Focus on deepening client relationships; effectively manage a book of relationships in coordination with PCA, being responsible for client satisfaction and retention
* Liaise with specialists, service officers and other resources to ensure the integrated delivery of investment, fiduciary, credit and banking solutions
* Serve as periodic point of contact with clients and ensure quality and timeliness of client service delivery
* Act as trusted financial advisor to, and advocate for, clients in coordination with PCA; provide them information and services that that expands their relationship with the Private Bank. Develop in-depth understanding of clients' needs, preferences and overall wealth; be responsive to changes in business environment or client needs
* Achieve individual sales goals determined by ME and Divisional Leadership
* Provide credit and banking services to existing clients
* Build relationships with internal partners
* Provide leverage to PCA by overseeing preparation of Client Management Program (CMP) activities and tactical execution of CMP outcomes
* Foster collaboration among team members and partners; collaborate in their onboarding, coaching and development
* Meet Risk & Compliance requirements and policies
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
Qualifications:
* 7+ years of successful experience in managing relationships with high net worth clients (or equivalent)
* 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
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America
Charlotte, NC
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans.
This segment provides its products and services through approximately 4,300 financial centers; 16,300 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients’ wealth structuring, investment management, and trust and banking needs, including specialty asset management services.
The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services.
The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is headquartered in Charlotte, North Carolina.
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IndustryBanking/Financial Services
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No. of Employees205,000
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Website
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Jobs Posted2694
