Private Wealth Relationship Manager

Bank of America • New York, NY

82d

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.

Requirements

• Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support.
• SAFE ACT Registration; ADV-2B Required.
• Maintain at least one firm approved designation.
• Possess and demonstrate strong communication skills.
• Ability to lead through collaboration and influence without direct authority.
• Detail oriented with strong organizational skills and ability to manage multiple tasks and priorities at once.
• Thorough knowledge and understanding of the suite of Wealth Management products and services.
• Proven ability to manage risk and support sound decisions.
• Ability to research escalated client issues for response/resolution.

Nice To Haves

• Certified Financial Planner (CFP) Designation.
• Accounting experience/Personal Tax Planning or CPA experience.
• Invested in personal development with the Private Wealth Management Team.
• Bachelor's degree or higher in related field.

Responsibilities

• Support the Financial Advisor team to further develop and enhance existing client relationships.
• Provide specialized support as a Specialist/Manager in roles of Business Development, Wealth Planning, Investment Management, or Business Management.
• Spend more than 50% of time on relationship management activities.
• Assist with and attend client meetings and discussions covering investment strategy, account performance, new products, and market developments.
• Engage portfolio managers, product specialists, and/or team Senior Wealth Planner and Investment Management Specialist to support coordination of all sales and service activities.
• Work with the Financial Advisor and/or team Senior Business Manager to develop, implement, and monitor the team's client service model.

Benefits

• In-office culture with flexibility based on role-specific considerations.
• Diversity in thoughts and backgrounds within the team.

What This Job Offers

• Job Type: Full-time
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED