Financial Wellness Specialist - Employee Banking and Investments

Bank of America • Jersey City, NJ

2d • $93,200 - $113,600 • Onsite

About The Position

At Bank of America, the Financial Wellness Specialist deepens relationships with corporate clients by educating employees through seminars and one-on-one consultations. Topics include retirement, budgeting, education planning, and retirement plan utilization. The specialist helps employees maximize their plan benefits, address broader financial priorities, and develop an implementation plan as needed. The role involves travel for approximately 80% of the work schedule and requires Series 7 and Series 66 licenses (or Series 63 and 65 in lieu of Series 66); insurance licenses are desired.

The specialist leads the client-facing education component of the Employee Banking and Investments (EBI) program, coordinates event scheduling with internal partners, monitors market trends and reports from Merrill’s Chief Investment Office, and supports teammates and internal projects. CRPC or CFP credentials are required to present certain webinars. If not already held, a CRPC or CFP must be obtained within 90 days of hire.

This is a first-shift, 40-hour-per-week role. Bank of America describes an in-office culture with flexibility based on role responsibilities and business needs. The position is available at listed locations in Maine, New Jersey, New York, and Rhode Island. The annual salary range is $93,200 to $113,600, with offers based on experience, education, and skill set. The role is eligible for an annual discretionary incentive plan and benefits, including access to paid time off.

Requirements

• Series 7 and Series 66 licenses; Series 63 and 65 may be held in lieu of Series 66.
• Strong public speaking skills.
• Executive presence for client-facing presentations.
• Strong organizational and time management skills.
• At least one year of experience in the investments industry, including investment training and in-depth knowledge of investment products and services.
• Proficiency with Word, Excel, PowerPoint, and Teams.
• CRPC or CFP credential; if not currently held, must be obtained within 90 days of hire.
• High school diploma, GED, secondary school, or equivalent.

Nice To Haves

• Insurance licenses are desired.
• CRPC or CFP credential is required to present certain webinars; if not already held, it must be obtained within 90 days of hire.

Responsibilities

• Lead the client-facing education component of the EBI program.
• Work with internal partners to schedule events.
• Stay current on market trends and be well-versed in reports from Merrill’s Chief Investment Office.
• Support Financial Wellness Specialist teammates and assist with internal team projects.
• Remain current on all required licenses.
• Present certain webinars, for which CRPC or CFP credentials are required.
• Educate employees through seminars and one-on-one consultations on retirement, budgeting, education planning, and retirement plan utilization.
• Help employees maximize plan benefits, address broader financial priorities, and develop an implementation plan as needed.

Benefits

• Benefits eligible.
• Access to paid time off.
• Eligible to participate in an annual discretionary incentive plan, with awards based on individual performance and behaviors, line-of-business or group performance and contributions, and overall company success.
• Industry-leading benefits, resources, and support for employees.

What This Job Offers

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