Financial Solutions Advisor - Western MA Market

Bank of America • Worcester, MA

3d • Onsite

About The Position

At Bank of America, the Financial Solutions Advisor provides comprehensive advice and customized solutions to help clients achieve their financial goals. The role works with clients to understand their financial and investment goals, build financial plans, and recommend brokerage, banking, investment, and money management solutions. It also involves triaging client leads and requests, referring clients to appropriate internal partners based on their needs and asset thresholds, and developing potential new client relationships.

The role requires applying and expanding financial product knowledge through required licenses and training. It may include residential mortgage loan origination responsibilities, which require SAFE Act registration and a background check; employees must obtain and maintain registration in good standing. The position is based in Bank of America financial centers and follows an in-office culture, with role-specific flexibility determined by responsibilities and business needs. The schedule is first shift, 40 hours per week, Monday through Friday with rotating Saturdays.

Requirements

• Currently hold Series 7 and Series 66 licenses, or Series 63 and Series 65 in lieu of Series 66.
• At least one year of experience in the investments industry, including investment training and in-depth knowledge of investment products and services.
• At least one year of experience in financial services and/or a sales environment where goals were met or exceeded.
• Set and accomplish goals.
• Build and nurture strong relationships.
• Collaborate effectively with others.
• Communicate effectively and confidently and be comfortable engaging with all clients.
• Manage goals, navigate complexity, prioritize tasks, and execute in a fast-paced environment.
• Be willing to learn, adapt to new information, and seek appropriate solutions for clients.
• Manage time and capacity efficiently.
• Incorporate relevant regulatory due diligence into daily activities and long-term client strategies.
• Be able to work Monday through Friday and rotating Saturdays.
• High school diploma, GED, secondary school qualification, or equivalent.

Nice To Haves

• Strong computer skills and ability to multitask in a demanding environment.
• Three or more years of experience in financial services and/or a sales environment where goals were met or exceeded.
• Additional professional designation such as Certified Financial Planner (CFP) or Chartered Retirement Planning Counselor (CRPC).
• Insurance licenses.

Responsibilities

• Work with clients to plan short- and long-term financial goals by building financial plans using brokerage products, including stocks, bonds, mutual funds, and annuities, as well as banking and money-managed solutions.
• Recommend banking and investment strategies aligned with clients’ financial goals and needs.
• Triage client requests and refer clients to appropriate internal service providers based on their needs and asset thresholds.
• Mitigate and control risk as part of daily activities.
• Identify and engage potential new clients through referrals or financial center clientele.
• Coach and provide feedback to referral partners based on knowledge of client needs and potentially appropriate product services.
• Complete required licenses and training and maintain SAFE Act registration if engaged in residential mortgage loan origination.

Benefits

• Access to paid time off.
• Industry-leading benefits and resources and support for employee wellness.

What This Job Offers

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