Premium Elite Relationship Manager

Bank of America; Chandler (MN); On-site; USD 75,000 - 90,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Incentive plan based on performance

Job summary

Bank of America seeks a professional in Chandler, Minnesota to manage high net worth clients by addressing their trading and servicing needs. The successful candidate will have 3-5 years of trading experience and hold Series 7 and 66 licenses.

This role is essential in driving asset growth and enhancing client relationships through a profound understanding of trading mechanics and risk management.

Benefits include industry-leading perks and a structured incentive plan for rewarding performance.

Qualifications

• 3-5 years of investment, trading, and brokerage experience required.
• Strong analytical and organizational skills.
• Ability to manage multiple tasks in a dynamic environment.

Responsibilities

• Manage a book of high net worth clients.
• Deliver on performance goals and drive asset growth.
• Execute complex trading strategies.

Skills

Investment experience

Trading knowledge

Analytical skills

Interpersonal skills

Client management

Risk management

Education

Series 7 and 66 licenses

Job description

This role is responsible for helping clients with complex trading, servicing and relationship needs.

Responsibilities

• Manages a book of high net worth, active self-directed clients and serves as primary point of contact for all of the clients' trading and servicing needs
• Delivers on performance goals, such as driving asset growth and expanding the breadth and depth of client relationships through product penetration
• Takes a client-focused approach by being a reliable expert on the client's most complex trading, servicing, and relationship needs and elevating to the status of a trusted counterpart, ultimately winning wallet share
• Demonstrates knowledge of trading mechanics, fixed income, options, margin, and margin regulations
• Executes a disciplined approach to all business development strategies and goals to achieve business growth, while focusing on the client experience
• Develops knowledge of internal policies, procedures, and processes to ensure the most flawless and seamless execution of the most complex trading strategies
• Works seamlessly across all enterprise business lines, including Global Wealth and Investment Management (GWIM), US Trust and Preferred Banking, as well as internal partners within Merrill Edge to deliver a world-class relationship model and improve processes

Required Qualifications

• Minimum 3 - 5 years of investment, trading and brokerage experience required
• Experience with advanced trading strategies, options, fixed income, and margin required
• Series 7 and 66 licensing required
• Confident and engaging presence
• Sound decision making skills with ability to manage risk and overall client experience
• Strong analytical and organizational skills
• Strong interpersonal skills and the ability to work in a team environment
• Ability to handle multiple tasks in a dynamic environment
• For internal employees; participation in a work from home posture does not make you ineligible to post
• Must hold valid Series 7 & 66 licenses. Must register under the SAFE Act and maintain good standing. Failure to obtain or maintain registration may result in disciplinary action up to and including termination.

Desired Qualifications

• Wealth management and private client experience
• Knowledge of the Enterprise platforms (US Trust, BAC, Advisory)

Additional Skills Used

• Account Management
• Advisory
• Client Experience Branding
• Customer and Client Focus
• Oral Communications
• Active Listening
• Attention to Detail
• Client Solutions Advisory
• Issue Management
• Pipeline Management
• Causation Analysis
• Client Management
• Risk Management
• Trading
• Written Communications

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency Details

US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140), US - RI - Riverside - 3400 Pawtucket Ave - East Providence Call Center (RI1530)

Pay Range

$75,000.00 - $90,000.00 annualized salary, offers to be determined based on experience, education and skill set.

Incentive Plan

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.

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.