Financial Solutions Advisor Registration Candidate - Elk Grove Village, IL

Bank of America • Elk Grove, CA

4d • Onsite

About The Position

At Bank of America, Financial Solutions Advisor Stage I (FSA I) candidates begin by obtaining securities industry licenses through dedicated classes for the Securities Industry Essentials (SIE), Series 7, and Series 66 exams. After licensing, they learn foundational advisory skills, including acquiring, building, and managing client relationships; considering clients’ complex financial pictures; and providing advice and solutions. After completing key milestones, they begin working in a financial center, delivering core banking and investment solutions and client care. Successful Stage I advisors typically progress to Financial Solutions Advisor Stage II, where they grow and deepen relationships within a client portfolio, with opportunities to advance into other roles at Bank of America and Merrill. The Academy provides programs, tools, and resources throughout the career journey.

The position is subject to SAFE Act registration requirements. Employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. This role requires SAFE Act registration, a background check, and completion of the registration process; failure to obtain or maintain registration may result in immediate termination. The posting also notes that FDIC, SAFE Act, loan originator, and FINRA laws or regulations may restrict or prohibit hiring individuals with certain specified criminal histories.

The role is based at a financial center and involves interacting with banking customers, small business owners, and higher-net-worth clients. Advisors use a defined consultative approach to identify client needs and appropriate solutions, provide comprehensive advice and client reviews or presentations, recommend strategies aligned with clients’ financial goals and life priorities, and collaborate with banking and investment partners. The position includes world-class onboarding and training, one-on-one coaching from Academy managers, and dedicated study time for licensing exams.

The schedule is Monday through Friday with rotating Saturdays, on first shift, for 40 hours per week. The role is compensated with a base hourly salary of $28.85–$33.65, with offers determined by experience, education, and skill set; it is not incentive eligible. The position is benefits eligible.

Requirements

• Aptitude for obtaining required industry licenses.
• Self-discipline in managing time and capacity.
• Experience cultivating client relationships, assessing needs, and recommending solutions.
• Ability to build strong peer relationships through effective communication and collaboration.
• Results-driven mindset while prioritizing clients’ interests in a complex, fast-paced environment.
• Ability to execute multiple tasks simultaneously.
• Ability to learn and adapt to new technology or applications.
• High school diploma, GED, secondary school, or equivalent.
• Ability to obtain the SIE within 30 days of hire and Series 7 and Series 66 within 120 days (Series 63 and 65 accepted in lieu of Series 66).
• Ability to satisfy SAFE Act registration requirements, including the required background check and registration process.

Nice To Haves

• Currently holds the FINRA Securities Industry Essentials (SIE) qualification.
• Bachelor’s degree.
• At least one year of financial services industry or sales experience.

Responsibilities

• Complete required securities licensing and training, including the SIE, Series 7, and Series 66 exams (or Series 63 and 65 in lieu of Series 66).
• Obtain the SIE within 30 days of hire and the Series 7 and Series 66 within 120 days, as required for the role.
• Acquire, build, and manage client relationships.
• Use a consultative approach to identify client needs and appropriate solutions.
• Provide comprehensive advice and conduct client reviews and presentations.
• Recommend strategies to help clients achieve their financial goals and life priorities.
• Connect clients with Bank of America and Merrill banking and investment solutions.
• Collaborate with core banking and investment partners.
• Interact with banking customers, small business owners, and higher-net-worth clients in a financial center.
• Complete and maintain required SAFE Act registration and remain in good standing.
• Manage time and capacity, execute multiple tasks, and adapt to new technology or applications.

Benefits

• Benefits eligible; the posting describes access to paid time off, resources, and employee support.
• World-class training and onboarding programs.
• Training and one-on-one coaching from Academy managers.
• Dedicated licensing classes and study time.
• Academy programs, tools, and resources throughout the career journey.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED