Private Client Manager II

Bank of America

Dallas (TX)

On-site

USD 120,000 - 180,000

Full time

14 days+

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Benefits offered by this job

Competitive compensation

Job summary

Bank of America is hiring in Dallas, TX for a Private Client Manager to expand client relationships and advise on financial needs across the Private Bank spectrum.

The role requires deep experience with high-net-worth clients, complex credit, and a strong team-player mindset to deliver a branded client experience. Knowledge of banking, investments, and wealth transfer is essential for success.

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
7+ years of successful experience in managing relationships with high-net-worth clients or equivalent financial services/business experience
Excellent ability to work in a team environment
Significant knowledge of banking and credit: general understanding of investments, trust and wealth transfer
MBA or Post-Graduate Degree
CFP, CPA, CFA, CTFA, CFM or JD a significant plus

Responsibilities

Drives inflows of new business across all product lines (i.e., Credit, Assets Under Management, Deposit) into existing book of business
Leads complex credit opportunities, including structured credit deals
Grows book balances and Year over Year revenue
Partners with and mentors Private Client Managers on more complex products and client relationships
Acts as Chief Operating Officer for the client team, coordinating relationship management activities and managing successful delivery of Branded Client Experience to support client satisfaction
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

Skills

Client Management

Client Solutions Advisory

Loan Structuring

Relationship Building

Risk Management

Active Listening

Analytical Thinking

Oral Communications

Referral Management

Underwriting

Account Management

Attention to Detail

Collaboration

Decision Making

Financial Analysis

Education

High School Diploma / GED / Secondary School or equivalent

Job description

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. Join us!

Job Description

This job is responsible for expanding client relationships by identifying opportunities to deepen existing relationships. Key responsibilities include advising on the client’s financial needs and the full array of Private Bank’s capabilities, establishing and deepening relationships with internal and external partners and Centers of Influence to identify prospects. Job expectations include executing the Client Management Process and partnering across the enterprise to provide a Branded Client Experience. This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities

Drives inflows of new business across all product lines (i.e., Credit, Assets Under Management, Deposit) into existing book of business
Leads complex credit opportunities, including structured credit deals
Grows book balances and Year over Year revenue
Partners with and mentors Private Client Managers on more complex products and client relationships
Acts as Chief Operating Officer for the client team, coordinating relationship management activities and managing successful delivery of Branded Client Experience to support client satisfaction
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 a standard time frame of 90 days per exam after the first working day in this position
7+ years of successful experience in managing relationships with high-net-worth clientsor equivalentfinancial services/business experience
Excellent ability to work in a team environment
Strong interpersonal and influence / partnership skills
Significant knowledge of banking and credit: general understanding of investments, trust and wealth transfer

Desired Qualifications