Financial Solutions Advisor - Western Long Island Market

Bank of America • East Meadow, NY

2d • 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 advisor triages client leads, refers clients to business partners based on their needs and asset thresholds, reviews financial and investment goals, builds financial plans, and recommends brokerage products. The role requires completing required licenses and training and may involve residential mortgage loan origination. Employees engaged in mortgage loan origination must register with the federal registry system, complete the required SAFE Act background check, and maintain good standing registration; failure to do so may result in disciplinary action, up to and including termination.

Bank of America describes its culture as focused on Responsible Growth, inclusion, collaboration, engagement, career development, and teammate well-being. The company maintains an in-office culture, with flexibility based on role responsibilities and business needs. This role is a 40-hour-per-week, first-shift position and requires availability Monday through Friday and rotating Saturdays. Locations listed are in East Meadow, Roslyn Heights, and Williston Park, New York; the posting notes that an immediate opening may not exist at every listed location.

The annual pay range is $70,000–$80,000, with offers based on experience, education, and skill set. The role is eligible for a formulaic incentive plan, with incentives based on performance against defined metrics. The role is benefits eligible and includes access to paid time off and employee resources and support.

Requirements

• Currently hold Series 7 and Series 66 licenses, or Series 63 and Series 65 licenses 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 feel 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 available to work Monday through Friday and rotating Saturdays.
• Meet SAFE Act registration and background-check requirements for residential mortgage loan origination, if engaged in that activity.

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 designations, such as Certified Financial Planner (CFP) and/or Chartered Retirement Planning Counselor (CRPC).
• Insurance licenses.

Responsibilities

• Work with clients to plan short- and long-term financial goals by developing financial plans using brokerage products, including stocks, bonds, mutual funds, annuities, banking solutions, and money-managed solutions.
• Recommend banking and investment strategies that align 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.

Benefits

• Benefits eligibility
• Access to paid time off
• Resources and support for employees
• Formulaic incentive plan eligibility

What This Job Offers

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