Private Bank BANA-M Investment Management Pricing Lead

Bank of America•Chicago, NY

11d•Onsite

About The Position

Responsible for managing all aspects of Investment Management pricing for Private Bank BANA-M, serving as the primary subject matter expert (SME) for pricing strategy, governance, controls, policy, and field support. Core Accountabilities include Pricing governance and oversight, Risk management and control execution, Policy and procedure management, Field support and escalation resolution, Training and knowledge management, Audit and regulatory readiness, Cross-functional stakeholder engagement, and Strategic project leadership and consultation.

Requirements

Business Acumen
Coaching
Critical Thinking
Result Orientation
Strategic Thinking
Analytical Thinking
Collaboration
Customer and Client Focus
Influence
Stakeholder Management
Adaptability
Innovative Thinking
Oral Communications
Planning
Prioritization
High School Diploma / GED / Secondary School or equivalent

Responsibilities

Serve as the primary contact for the trust officers nationally on all pricing and Financial Advisor (FA) compensation matters, including fee concession approvals, fee reversals, fee increase tracking, write-offs, and general pricing inquiries.
Serve as the senior point of contact for escalations from advisors, Market Leaders, Division Leaders, and key stakeholders.
Partner across Merrill and support organizations to resolve issues, improve outcomes, and identify recurring themes.
Deliver ongoing pricing education and training for new BANA-M Trust Officers, covering fee schedules, FA compensation rules, fee concessions, fee notices, fee reversals, write-offs, and associated roles and responsibilities.
Perform monthly quality assurance and quality control reviews for all pricing-related activities to ensure accuracy and compliance.
Manage ongoing reviews and maintenance of pricing-related documentation, including updates to PGA, Resource Central, and other reference materials.
Lead resolution efforts for pricing-related SIAIs, audit findings, risk items, and control issues, ensuring timely remediation and sustainable solutions.
Oversee the review, enhancement, and maintenance of pricing policies and procedures, including preparing and delivering presentations to National Fiduciary Policy Committee (NFPC) and Personal Fiduciary Committee (PFC) governance forums as required.
Serve as the Pricing SME for strategic initiatives, system enhancements, regulatory changes, and business transformation projects.
Act as the primary liaison with Merrill ISG on pricing-related fees, initiatives, operational processes, and project implementations associated with IAP/ML One.
Partner with Risk, Compliance, Legal, and Operations to support scalable and compliant growth.