Private Client Manager II

Bank of America; Los Angeles (CA); On-site; USD 120,000 - 180,000; Full time

Job summary

A prestigious banking institution is seeking a seasoned finance professional to nurture and expand client relationships. This pivotal role involves advising high-net-worth clients on their financial needs, managing complex product interactions, and ensuring top-tier service delivery. Candidates should possess extensive experience in financial services, strong interpersonal skills, and relevant certifications. Join a company committed to professional growth and inclusive workplace culture.

Qualifications

• 7+ years of successful experience managing high-net-worth client relationships.
• Series 7, 63 and 65 (or Series 7 and 66) licenses required.
• Significant knowledge of banking, credit, and investments is essential.

Responsibilities

• Drives inflows of new business across all product lines into existing book of business.
• Builds relationships with internal and external partners and centers of influence.
• Acts as Chief Operating Officer for the client team, coordinating activities.

Skills

Client Management

Client Solutions Advisory

Relationship Building

Analytical Thinking

Decision Making

Education

High School Diploma / GED

MBA or Post-Graduate Degree

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 a diverse and 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 is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage 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 and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination. 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.

Responsibilities:

• Drives inflows of new business across all product lines (i.e., Credit, Assets Under Management, Deposit) into existing book of business
• 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 clients or equivalent financial 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:

* MBA or Post-Graduate Degree

* CFP, CPA, CFA, CTFA, CFM or JD a significant plus

Skills:

• Client Management
• Client Solutions Advisory
• Loan Structuring
• Relationship Building
• Analytical Thinking
• Oral Communications
• Referral Management
• Account Management
• Attention to Detail
• Decision Making

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent