Private Client Manager II

Bank of America; Los Angeles (CA); On-site; USD 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a dedicated professional to enhance client relationships and drive business growth. In this role, you will leverage your extensive experience to advise high net worth clients on their financial needs and provide a branded client experience. You will collaborate with internal teams and external partners to foster relationships and promote digital capabilities. This dynamic position offers a chance to make a significant impact in the financial sector while supporting a culture of diversity and inclusion. Join a team that values your contributions and supports your career growth in a rewarding environment.

Qualifications

• 7+ years of experience managing relationships with high net worth clients.
• Strong knowledge of banking, investments, and wealth transfer.

Responsibilities

• Drive inflows of new business across all product lines.
• Partner with Private Client Managers on complex products.
• Build relationships with internal and external partners.

Skills

Teamwork

Interpersonal Skills

Banking Knowledge

Relationship Management

Influence and Partnership Skills

Education

High School Diploma / GED

MBA or Post-Graduate Degree

Tools

Series 7 License

Series 63 License

Series 65 License

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 Skills:

• Excellent ability to work in team environment
• Strong interpersonal and influence / partnership skills
• Significant knowledge of banking and credit: general understanding of investments, trust and wealth transfer
• 7+ years of successful experience in managing relationships with high net worth clients or equivalent financial services/business experience
• Series 7, 63 and 65 (or Series 7 and 66) required; 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

Desired Skills:

• MBA or Post-Graduate Degree preferred
• CFP, CPA, CFA, CTFA, CFM or JD a significant plus

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