Financial Solutions Advisor - Consumer Investments - West Detroit Market

Bank of America; Brighton; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a dedicated financial advisor to provide tailored solutions for clients. In this role, you will help clients achieve their financial goals by building comprehensive financial plans and recommending suitable investment products. You will engage with clients, triage requests, and collaborate with internal teams to ensure client satisfaction. This position offers a dynamic environment where you can grow your skills and make a meaningful impact on clients' financial lives. If you are passionate about finance and enjoy building relationships, this opportunity is perfect for you.

Qualifications

• Must hold Series 7 & 66 licenses or equivalent.
• At least one year of experience in investments or financial services.

Responsibilities

• Build financial plans and recommend brokerage products.
• Triages client requests and refers to internal service providers.
• Identifies potential new clients through referrals.

Skills

Advisory

Account Management

Client Experience Branding

Customer and Client Focus

Oral Communications

Issue Management

Client Solutions Advisory

Pipeline Management

Active Listening

Attention to Detail

Risk Management

Policies, Procedures, and Guidelines

Client Management

Causation Analysis

Written Communications

Education

Series 7 License

Series 66 License

Professional Designations (CFP, CRPC)

Job description

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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

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 providing comprehensive advice and customized solutions to clients to help them achieve their financial goals. Key responsibilities include triaging client leads, making referrals to business partners based on client needs and asset thresholds, meeting with clients to review financial and investment goals, building a financial plan, and recommending brokerage products. Job expectations include applying and expanding knowledge by completing required licenses and trainings. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities:

1. Works with clients to plan their short and long-term financial goals by building a financial plan with brokerage products, including stocks, bonds, mutual funds, annuities, and banking and money managed solutions.
2. Recommends banking and investments strategies that align with client financial goals and needs.
3. Triages client requests and makes referrals to appropriate internal service providers based on client needs and asset thresholds.
4. Mitigates and controls risk as part of daily activities.
5. Identifies and engages potential new clients through referrals or financial center clientele.
6. Provides coaching and feedback to referral partners based on knowledge of client needs and potential product services recommended.

Required Qualifications:

1. Currently holds Series 7 & 66 (63 & 65 in lieu of 66) licenses. If you do not currently hold the 66 but have either a 63 or 65, an offer can be extended with the condition that a passing score is received for the missing series within 60 days.
2. Has at least one year of experience in the investments industry, including investment training and in-depth knowledge of investment products and services.
3. Has at least one year of experience working in the financial service industry and/or a sales environment where goals were met or exceeded.
4. Sets and accomplishes goals, achieving whatever you put your mind to.
5. Builds and nurtures strong relationships.
6. Collaborates effectively with others to get things done.
7. Communicates effectively and confidently and is comfortable engaging all clients.
8. Manages goals, navigates complexity, prioritizes tasks, and executes in a fast-paced environment.
9. Likes to learn, adapts to new information, and seeks the right solutions for clients.
10. Efficiently manages your time and capacity.
11. Is thorough and thoughtful in incorporating relevant regulatory due diligence into daily activities and long-term strategies for clients.

Desired Qualifications:

1. Strong computer skills with an ability to multitask in a demanding environment.
2. At least three years of experience working in the financial service industry and/or a sales environment where goals were met or exceeded.
3. Achieved additional professional designations such as Certified Financial Planner (CFP) and/or Chartered Retirement Planning Counselor (CRPC).
4. Obtained your insurance licenses.
5. Bilingual Spanish Preferred.

Skills:

1. Advisory
2. Account Management
3. Client Experience Branding
4. Customer and Client Focus
5. Oral Communications
6. Issue Management
7. Client Solutions Advisory
8. Pipeline Management
9. Active Listening
10. Attention to Detail
11. Risk Management
12. Policies, Procedures, and Guidelines
13. Client Management
14. Causation Analysis
15. Written Communications

*Please note that this requisition contains multiple locations but there is not an immediate opening for every location listed.

Shift:

1st shift (United States of America)

Hours Per Week:

40