Bank of America Private Wealth Management Specialist in San Francisco, California
Private Wealth Management Specialist
San Francisco, California
MerrillLynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Lynch Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.
The EliteGrowth Practice (EGP)Relationship Managerrole is a position on the Financial Advisor Team which operates in a capacity to further develop and service the client base. They are responsible for implementing and executing the Elite Growth Practice Model (EGP) in their specific functional role. Specific accountabilities for the role may vary depending on the teams practice. Performance is measured through specific goals, metrics and behavior’s related to the execution of the EGP model. This position is subject to SAFE Act registrationrequirements
TheElite Growth Practice (EGP)Relationship Managerpositionmay be filled at a Trainee, Specialist or Senior level depending on experience of the candidate and needs of the Financial Advisor Team. The Trainee is a non-exempt position for a hire lacking required security licenses and/ordesignation. Thisposition allows the individual to become fully licensed and achieve the appropriate designations required for the position. If Series 7 and 66 (or 63 & 65) licenses and approveddesignationare not currently held, mustbe obtainedwithin a specified timeframe to be eligible for Specialist position.
TheWealth ManagementSpecialistisresponsible forperforminga variety of specialized functions across aFinancialAdvisorteamsuch as: Business Management, Business Development, Wealth Planning, Investment Management or Relationship Management.TheWealth ManagementSpecialistprovidesquality clientserviceandeffectiveandefficientoperations support. He or shemay provideadvice and assist with training forlessexperienced team members. Executesproblemescalation and/or problemsolvingof diverse scopewhere extensiveanalysis and evaluation may be required. Exercises judgment withingenerallydefined practices and policiesinobtainingor determining solutions. Hasworkingknowledge of the Merrill Lynch Wealth Management business and specializedteamfunctions for which he orsheisassigned.
•Series7, 63/65 or 66 or equivalent; mustobtainall state registrations in support of Financial Advisor(s) and AdvisorTeam(s) IfSeries7, 63/65 or 66 orequivalentarenot currently held, must be obtained within a specified timeframe to be eligible for Specialist position.
•Obtainand/or maintain at leastonefirm approveddesignation within specified timeframe
•Demonstrated expertise and impact in at least two of the following specialized functions: Wealth Planning, Investment Management, Business Development, Business Management and/or Relationship Management
•Possessand demonstrate strong communicationskills
•Understanding of how to deliver a strong overall client experience
•Thorough knowledge and understanding of thesuiteof Wealth Management products andservices
•Detailoriented with strong organizationalskills, and ability to manage multiple tasks and priorities atonce
•Strong partnership and relationship management skills; ability to work acrossEGP functionsand organizational lines/levels
•Ability to influence and demonstrate clear communication and collaboration with others to make sound decisions withoutdirectauthority
•Analytical skills with ability toidentifytrends, root cause and effects, and implement improved processes to increasegrowthand mitigaterisk
•Ability to identify client needs and concerns, and articulate appropriate approach to align solutions to goals to supportresponsiblegrowth
This position is posted as a more senior position but is flexible to be filled as a lower level position if the posted qualifications are met by a strong lower level applicant.
1st shift (United States of America)
Hours Per Week:
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Manages People: No
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