Market Manager

Bank of America

Washington (District of Columbia)

On-site

USD 170,000 - 215,000

Full time

14 days+

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Job summary

Bank of America is seeking a Market Executive to drive business strategy and directly manage financial advisors. The role emphasizes growth, talent development, and risk oversight while fostering a client-first, compliant culture.

The position requires extensive leadership experience, strong communication, and the ability to coordinate cross-functionally to deliver integrated client solutions across the market. Strong adherence to regulatory standards is essential.

Qualifications

  • Minimum 8 years professional experience.
  • Experience in wealth management and supervisory roles is preferred.
  • Strong leadership and communication skills with executive presence.

Responsibilities

  • Execute components of the market business plan with a focus on advisor productivity and revenue growth.
  • Support talent development, engagement and retention to create a culture of opportunity, inclusion, and respect in a matrixed environment.
  • Coach Advisors to deliver an exceptional client experience by providing guidance, feedback, and support.
  • Support cross-functional collaboration by coordinating with Office Management Team and other internal partners to deliver integrated client solutions.
  • Promote adherence to risk and compliance standards, supporting the ME in maintaining a strong control environment and escalation/remediation when needed.
  • Support Market Executive as the regulatory supervisor of an office and/or group of financial advisors, working with Supervision and Control partners to oversee activities that require advanced licensing.
  • Represent 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

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 **escalate** 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.

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