Private Client Advisor II

Bank of America; El Segundo (CA); On-site; USD 100,000 - 275,000; Full time

Benefits offered by this job

Industry-leading benefits

Access to paid time off

Resources and support for employees

Job summary

Bank of America is seeking a seasoned professional in El Segundo, CA, to lead the Client Process Management Process. This role involves sourcing new clients, delivering exceptional client experiences, and advocating for clients as their trusted advisor.

Candidates need 12+ years in private banking and strong interpersonal skills, with a commitment to business development and solutions-oriented approaches. The position includes a competitive annual salary ranging from $100,000 to $275,000.

Qualifications

• 12+ years of private banking and/or complex financial services experience.
• Series 7, 63 and 65 (or Series 7 and 66) required.
• Ability to influence and close business.

Responsibilities

• Lead the Client Process Management Process and deliver client experience.
• Source new clients within the bank's risk appetite.
• Build relationships with internal and external partners.

Skills

Private banking experience

Negotiation skills

Client engagement

Business development

Interpersonal skills

Solutions oriented

Job description

Responsibilities

• Leads the Client Process Management Process within the client team to identify new business development opportunities
• Sources new clients in alignment with the bank's established risk appetite
• Leads the client team to deliver meaningful interactions and a Branded Client Experience
• Develops an in-depth understanding of clients’ needs, preferences, and overall wealth strategy, being responsive to changes in the business environment and/or with client needs
• Advocates for clients and prospects as their trusted advisor, providing integrated recommendations including wealth structuring, credit facilities, banking, and asset management
• Encourages use and adoption of digital capabilities to enhance the client and client team experience
• Builds relationships with internal and external partners and centers of influence

Required Qualifications

• Series 7, 63 and 65 (or Series 7 and 66); unlicensed candidates may be considered if willing to obtain licenses within 90 days of start date
• 12+ years of private banking and/or complex financial services experience or equivalent financial services/business experience
• Ability to drive new business development for target client segment ($3MM++ investable assets)
• Ability to present to clients a holistic approach, leveraging the entire Private Bank platform
• High touch, client-focused individual with exceptional interpersonal skills
• Leader who recognizes opportunities for client engagement and proactively acts upon them for the betterment of the client
• Ability to influence; proactively asks for and closes business
• Solutions oriented; sales and financial aptitude a must
• Must be a skilled negotiator
• Ability to work with and identify the need for team specialists; collaborate closely with other team members
• Takes on a leadership role on the team and within the business community

The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC, Safe Act/Loan Originators and FINRA.

Shift

1st shift (United States of America)

Hours Per Week

40

Pay

US - CA - El Segundo - 2321 Rosecrans Ave - Bank Of America (CA8805) Pay range $100,000.00 - $275,000.00 annualized salary, offers to be determined based on experience, education and skill set. Formulaic incentive eligible. 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.