Internal Product Specialist

Bank of America; Newport Beach (CA); On-site; USD 88,000 - 104,000; Full time

Benefits offered by this job

Discretionary incentive plan

Benefits eligible

Job summary

Bank of America in Newport Beach seeks a Financial Solutions Advisor to identify investment solutions and deliver training to FSAs, strengthening advisor investment acumen on Merrill platforms and TAEx processes.

You will partner with leadership to define goals, measure progress, and provide ongoing support to advisors. Requires FINRA Series 7 & 66, 2+ years in an FSA role, strong Merrill Edge knowledge, and a High School Diploma or equivalent.

Qualifications

• Minimum education requirement is High School Diploma or equivalent.
• FINRA Series 7 & 66
• 2+ years in Financial Solutions Advisor role (FSA)
• Strong understanding of Merrill Edge products and the Financial Advisor role

Responsibilities

• Supports FSAs with client conversations and scenarios related to client platforms and goals.
• Defines and measures progress towards goals, including sales activity and asset targets.
• Prepares and analyzes profit and loss reports for a product in support of the Line of Business.
• Partners with FSAs to provide assistance and training to identify investment solutions that match client needs

Skills

Change Management

Decision Making

Influence

Learning Delivery

Leadership Development

Performance Management

Process Design

Sales Performance Management

Attention to Detail

Consulting

Time Management

Workforce Analytics

Education

High School Diploma / GED / Secondary School or equivalent

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 an 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. Bank of America 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 Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.

Job Description:
This job is responsible for identifying and providing investment products and trainings to Financial Solutions Advisors (FSAs), enabling them to match investment solutions that will fulfill and meet client needs. Key responsibilities include partnering with leadership to identify gaps in performance and build out support to drive advice delivery, by leveraging, coordinating FSA training to strengthen advisor investment acumen on Merrill platforms and True Advice Excellence (TAE) process. Job expectations include defining and measuring goals for advised solution, enterprise delivery and book management. In addition to leadership support, this job is responsible for providing support to advisors on an ADHOC basis.

Responsibilities:

• Supports Financial Solutions Advisors (FSAs) with client conversations and scenarios related to client platforms and fulfills client priorities and goals by applying knowledge of customer segments
• Defines and measures progress towards goals, including sales activity, gross and net managed asset sales targets, and FA penetration
• Prepares and analyzes profit and loss reports and validates postings and balances for a product in support of the Line of Business
• Partners with FSAs to provide assistance and training needed to identify investment solutions that match client needs

Required Qualifications:

• FINRA Series 7 & 66
• 2+ year in Financial Solutions Advisor role (FSA)
• Strong understanding of Merrill Edge products and services as well as the Financial Advisor role

Desired Qualifications:

• Strong computer skills with an ability to multitask in a demanding environment
• Strong ability to communicate using presentations and PowerPoint
• Designation of CRPC, AWMA or CFP
• Bachelor’s Degree

Skills:

• Change Management
• Decision Making
• Influence
• Learning Delivery
• Leadership Development
• Performance Management
• Process Effectiveness
• Sales Performance Management
• Attention to Detail
• Consulting
• Process Design
• Workforce Analytics
• Time Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - CA - Newport Beach - 500 Newport Center Dr - Newport Center (CA9165)

Pay and benefits information

Pay range

$87,800.00 - $104,200.00 annualized salary, offers to be determined based on experience, education and skill set.

Discretionary incentive eligible

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

Benefits

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.