Financial Solutions Advisor - Consumer Investments - Northwest Chicago Market

Bank of America; Westmont (IL); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Financial Solutions Advisor to provide tailored financial advice and solutions to clients. This role involves triaging client leads, recommending brokerage products, and building comprehensive financial plans. The ideal candidate will possess strong communication skills and a dedication to client success, with the opportunity to thrive in a supportive and inclusive workplace. Join a company that prioritizes your professional growth and well-being while making a positive impact in the community.

Benefits

Industry-leading benefits

Paid time off

Incentive plan participation

Support for professional development

Qualifications

• Must hold Series 7 & 66 licenses or equivalent.
• 1+ years in investments and financial services with strong client relationship skills.

Responsibilities

• Help clients achieve financial goals through tailored financial plans.
• Recommend investment strategies aligned with client needs.

Skills

Customer and Client Focus

Client Solutions Advisory

Attention to Detail

Policies, Procedures, and Guidelines

Written Communications

Education

Series 7 License

Series 66 License

Certified Financial Planner (CFP)

Chartered Retirement Planning Counselor (CRPC)

Job description

Financial Solutions Advisor - Consumer Investments - Northwest Chicago Market

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!

Job Description:

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. 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 experience in the investments industry, including investment training and in-depth knowledge of investment products and services.
3. Has at least one year 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’ 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.

Skills:

1. Customer and Client Focus
2. Client Solutions Advisory
3. Attention to Detail
4. Policies, Procedures, and Guidelines
5. Written Communications

This role is eligible to participate in a formulaic incentive plan. Employees are eligible for incentives as detailed by the specific line of business incentive plan provisions. Formulaic plans may be comprised of monthly, quarterly and/or annual incentive opportunities. Incentives are earned based on the employee’s performance against defined metrics.

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.