Market Manager

Bank Of America; Washington (District of Columbia); On-site; USD 170,000 - 215,000; Full time

Benefits offered by this job

Annual discretionary plan

Competitive benefits

Discretionary incentive eligibility

Job summary

Bank of America in Washington, DC seeks a Market Executive to drive business strategy and directly manage financial advisors, delivering responsible growth through operational excellence and risk management. You will recruit, retain, and develop talent, foster a strong sales and service culture, and coordinate across teams to ensure a seamless client and advisor experience.

This role emphasizes building collaborative relationships across the market, growing market share, and maintaining a

Qualifications

• Minimum 8 years of professional experience.
• Experience in wealth management or financial advisory services preferred.
• Strong leadership and communication skills with executive presence.
• Ability to lead in a matrixed environment and drive results.
• Demonstrated risk management and decision-making capabilities.
• Proven ability to recruit, retain and develop talent.

Responsibilities

• Executes components of the market business plan with a focus on advisor productivity, revenue growth.
• Supports talent development, engagement and retention to create a culture of opportunity and respect.
• Coaches Advisors to deliver exceptional client experiences and guidance.
• Coordinates with Office Management Team and internal partners to deliver integrated client solutions.
• Ensures adherence to risk and compliance standards and maintains a strong control environment.
• Represents the firm in local market activities, business development, and community events.

Skills

Market strategy

Advisor coaching

Talent development

Sales leadership

Relationship building

Risk management

Executive presence

Communication

Agile/ adaptability

Cross-functional collaboration

Education

Bachelor’s degree or equivalent work experience

Job description

Job Description

This job is responsible for supporting the Market Executive in driving out business strategy, directly managing financial advisors and yielding responsible growth through operational excellence and risk management. Key responsibilities include recruiting, retaining and developing talent, creating a strong sales and service culture, and coordinating across teams to deliver a seamless client and advisor experience. Job expectations include building collaborative relationships across the market and externally to grow market share.

Responsibilities

• Executes components of the market business plan with a focus on advisor productivity, revenue growth.


• Supports all aspects of talent development, engagement and retention to create a culture of opportunity, inclusion, and respect in a highly matrixed environment.


• Coaches Advisors to consistently deliver an exceptional client experience by providing guidance, feedback, and support that reinforces a client-first culture.


• Supports cross-functional collaboration by coordinating with Office Management Team and other internal partners to deliver integrated client solutions.


• Promotes adherence to risk and compliance standards, supporting the ME in maintaining a strong control environment and appropriately engaging to elevate and/or remediate when needed.


• Supports Market Executive as the regulatory supervisor of an office and/or group of financial advisors, working in partnership with Supervision and Control partners to oversee activities that require advanced licensing.


• Represents the firm in local market (LMO) activities, business development efforts, advisor recruiting and community events to support market growth.

Skills

Business Acumen Coaching Decision Making

Executive Presence Recruiting Customer and Client focus

Inclusive Leadership Relationship Building Risk Management

Emotional Intelligence Leadership Development Performance Management

Process Effectiveness Conflict Management Drives Engagement

Required Qualifications

Minimum 8 years professional experience

Desired Qualifications

• Series 7, Series 63 and 65 or 66, Series 9 and Series 10, and Series 31 or 3 is strongly preferred. Must be able to obtain within 120 days.


• 3 years direct or matrixed management experience preferred.


• Strong leadership and communication skills with executive presence that garners attention and impact.


• Proven ability to lead people to perform through a poised, confident demeanor that commands respect and action.


• Agile learner with demonstrated resilience and ability to lead self and others through change.


• Experience influencing at scale, including associates outside of direct reporting line.


• Strong judgment and decision making, particularly on issues relating to risk management, talent, performance management, and problem resolution.


• Proven ability to manage multiple and sometimes competing priorities.


• Experience in unpredictable environments, including unplanned internal or external needs.


• Wealth management acumen, inclusive of product knowledge, regulatory and supervisory requirements, industry trends and firm-wide initiatives.


• Bachelor’s degree or equivalent work experience preferred.

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency details

US - DC - Washington - 1800 K St NW - 1800 K Street NW (DC1842)

Pay and benefits information

Pay range

$170,000.00 - $215,000.00 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.