Market Executive

Bank of America•New York, NY

3d•Onsite

About The Position

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America. Merrill is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective Job Description: This job is responsible for leading the market to ensure the delivery of an exceptional client experience and focusing on achieving sustainable, responsible growth through operational excellence and risk management. Key responsibilities include building a culture of excellence by recruiting, developing, and retaining top talent in an environment that is inclusive and supportive of all employees. Job expectations include establishing enterprise-wide relationships and protecting the bank's brand internally and externally. The Merrill Advisory Group is a fully licensed, non-commission based, retail broker team that operates as part of a centralized coverage team providing dedicated brokerage services to UHNW Private Bank clients. This job is responsible for leading the Merrill Advisor Group Desk to ensure the delivery of an exceptional client experience and focusing on achieving sustainable, responsible growth through operational excellence and risk management. Key responsibilities include building a culture of excellence by recruiting, developing, and retaining top talent in an environment that is inclusive and supportive of all employees. Job expectations include establishing enterprise-wide relationships and protecting the bank's brand internally and externally.

Requirements

Expertise in trading equities, fixed income, derivatives, and alternative assets as well as complex trading strategies
Strong analytical and problem-solving abilities.
Ability to thrive in a fast-paced, high-stakes environment.
Client-focused with a deep understanding of UHNW individuals' investment needs.
Coaching Client investment management
Decision Making Drives Engagement/
Executive Presence Conflict Management
Customer and Client Focus
Inclusive Leadership / Relationship Building
Risk Management
Leadership Development / Emotional Intelligence
Process Effectiveness
Recruiting
Series 7, Series 63 & 65 or Series 66
Able to obtain Series 9 and Series 10 within 120 days

Responsibilities

Develops and executes a market growth plan to increase profitability and drive sustainable responsible growth
Recruits, coaches, and retains high-performing talent and leads a culture of opportunity, inclusion, and respect
Holds Advisors accountable for providing an exceptional client experience
Fosters and leverages relationships to ensure coordinated delivery of the enterprise's full capabilities and offerings to clients by collaborating across all channels and product groups in the client's best interest
Establishes a risk culture and ensures all team members are protecting the interests of the firm, while enhancing the client experience
Manages the market Profit and Loss with a focus on revenue growth and return for shareholders
Represents the firm in the community to increase brand visibility and enhance new and existing business opportunities
Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage
Develops and executes a market growth plan to increase profitability and drive sustainable responsible growth
Recruits, coaches, and retains high-performing talent and leads a culture of opportunity, inclusion, and respect
Holds Advisors accountable for providing an exceptional client experience
Fosters and leverages relationships to ensure coordinated delivery of the enterprise's full capabilities and offerings to clients by collaborating across all channels and product groups in the client's best interest
Establishes a risk culture and ensures all team members are protecting the interests of the firm, while enhancing the client experience
Manages the market Profit and Loss with a focus on revenue growth and return for shareholders
Partnering with Private Bank portfolio managers, other senior leadership, Product Specialists and other subject matter expertise personnel as needed to deliver client solutions
Strictly adhering to compliance and industry regulations; includes ongoing monitoring and suitability of products