Bank Of America Private Bank Market Leader 

United States, Massachusetts, Boston 

653043123

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

Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Diversity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company D&I goals.
• Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
• Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
• Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
• People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
• Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
• Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
• Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.

Required Skills:

• FINRA Licenses Required: S7, S66 OR S63 & S65, S24
• Demonstrated track record of delivering business results and driving responsible growth as a sales practitioner and/or sales leader
• Deep understanding of high net worth clients’ needs and solutions
• Strong business judgment and decision making
• Ability to attract, select, diagnose performance gaps to develop and retain talent
• Deep and wide knowledge of Private Bank and enterprise capabilities with ability to work collaboratively to make connections, resolve issues & remove obstacles
• Communicates in a clear and compelling manner with employees, clients, and enterprise partners (executive presence)
• Strong influencing, listening, probing & relationship management skills (high EQ)

Required Skills:

• 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

1st shift (United States of America)