Private Bank Market Leader

Bank of America•Charleston, SC

2d•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 leading a team focused on maintaining and growing the Bank's market share while serving as a bank ambassador to the business community. Key responsibilities include assisting the Market Executive with establishing and executing the market strategy, developing talent, and attending client meetings with the market leadership team. Job expectations include overseeing overall team performance, championing change, and ensuring the right strategies are implemented to deliver solutions for both clients and employees.

Requirements

Business Acumen
Financial Management
Leadership Development
Strategic Thinking
Talent Development
Client Management
Customer and Client Focus
Performance Management
Problem Solving
Sales Performance Management
Decision Making
Employee Counseling
Planning
Relationship Building
Sales Strategy

Responsibilities

Manages a team of private client advisors and private client managers and enhances team performance through recruiting, coaching, and development activities
Increases profitability by driving responsible growth and understanding key priorities to drive market share
Oversees team activity and coordinates the pipeline of deals, facilitating hand-offs between members of the client teams, and improving the client management process
Manages key business drivers such as business integration, operational efficiencies, risk and expense controls, effective marketing and Next Generation cultivation to create long-term, sustainable growth
Leads and/or participates in company-wide projects or initiatives to achieve desired business outcomes
Builds top performing, diverse teams that gain advantage against competitors while maintaining a pathway of top talent in the market
Implements the enterprise Private Bank strategy in a market and team specific manner
Breaks down barriers to create a more inclusive environment that supports company Great Place to Work goals.
Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
Efficiently allocates and manages resources across the organization to drive short and long term profitability.
Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.