Private Bank Market Executive

Bank of America•Beverly Hills, CA

4d•Onsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for oversight of Private Banking activities for a specific market. Key responsibilities include driving growth through facilitating the delivery of solutions to clients, cultivating relationships, managing strategic integration across lines of business, and building a culture of responsible growth and client engagement. Job expectations include oversight of procedures and administrative policies, prioritizing resources to drive growth, servicing client relationships, and creating and executing the market strategy.

Requirements

FINRA Licenses Required: S7, S66 OR S63 & S65, S24.
Strong business judgment and decision making, particularly on issues relating to business selection, risk management, talent and performance management, enterprise partnerships, financial management and problem resolution.
Demonstrated track record of delivering business results & driving responsible growth.
Ability to attract, select, develop, and retain top talent across job families.
Communicates in a clear and compelling manner with employees, clients, and enterprise partners (executive presence).
Strong foundational end to end knowledge of the business, including the fiduciary and investment platform, banking and credit products, and industry trends.

Nice To Haves

Bachelor’s Degree preferred.
Advanced certifications a plus.

Responsibilities

Oversight of Private Banking activities for a specific market.
Driving growth through facilitating the delivery of solutions to clients.
Cultivating relationships.
Managing strategic integration across lines of business.
Building a culture of responsible growth and client engagement.
Oversight of procedures and administrative policies.
Prioritizing resources to drive growth.
Servicing client relationships.
Creating and executing the market strategy.
Managing associates.
Breaking down barriers to create a more inclusive environment that supports company Great Place to Work goals.
Challenging end-to-end process efficiency and effectiveness, championing data-driven decision-making and removing obstacles to optimize operations.
Contributing to enterprise strategy and influencing messaging to connect team contributions to business purpose, results, and success.
Inspecting and challenging risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
Coaching to sustain and elevate organizational performance while differentiating to ensure pay for performance.
Efficiently allocating and managing resources across the organization to drive short and long-term profitability.
Inspecting and managing the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
Mobilizing organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.