Senior Investment Specialist

Bank of America; Pennington (AL); On-site; USD 47,000 - 59,000; Full time

Benefits offered by this job

Benefits eligible

Paid time off

Job summary

Bank of America, Merrill Edge is seeking a Senior Investment Specialist to deliver high-quality client service in a call center setting. The role requires Series 7 and 66 licenses, and you will engage with clients on trading, margin, and account maintenance.

You will work from our in-office locations in Hunt Valley, MD and Pennington, NJ, supporting self-directed traders and referring clients to partners as needed.

Qualifications

• Series 7 and 66 (or equivalent) are required.
• Knowledge of margin, equity and option trading and related trading violations with clients.
• Familiarity with the Merrill Edge platform, client order entry and related services.

Responsibilities

• Provide phone-based client service and support for Merrill Edge clients.
• Handle inquiries on buying power, margin, investments, trading, market mechanics and corporate actions.
• Assist with higher risk or uncommon trades under guidance of experts.
• Develop expertise in trading, markets, options and margin.
• Support account maintenance, online access requests, and client engagement.

Skills

Attention to Detail

Customer and Client Focus

Oral Communications

Active Listening

Trading

Decision Making

Written Communications

Education

High School Diploma / GED

Tools

Merrill Edge platform

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

In a call center setting, Senior Investment Specialists provide the highest caliber of service to Merrill Edge clients through general inquiries, account maintenance, online access, website navigation and execution/confirmation of trade orders initiated by self-directed clients. Senior Investment Specialists also uncover additional client needs, deepen existing relationships and refer clients to partner businesses Associates provide limited research and counseling services on limited products but do not develop client relationships. May follow up on client contacts to close the sale of investment products. Licensing requirements are as follows: Series 7 & 66 (or 63 & 65 equivalent).

This job is responsible for executing on client service activities by answering general inquiries, performing account maintenance, assisting with online access and website navigation, and executing and confirming trade orders initiated by self-directed clients. Key responsibilities include uncovering additional client needs, deepening existing relationships, and referring clients to partner businesses.

Responsibilities:

• Trade Elevation Senior Investment Specialists deliver phone based support to internal and external clients.
• The team is leveraged to manage frontline risk through answering inquiries regarding buying power, margin, investment products, trading, market mechanics and corporate action inquiries.
• The team also supports entering higher risk or uncommon trades which require greater expertise.
• Team members develop an expert understanding of internal policies, procedures and processes to leverage in their role of providing frontline risk mitigation.
• The role broadens as experience and expertise is gained.
• Opportunities include margin operations, trading pre-approvals, corporate actions administration, option risk mitigation among other risk management tasks and projects.
• Performs account maintenance, addresses online access requests, and prioritizes increasing overall client engagement and satisfaction through timely resolution and assistance with client inquiries
• Assists with product fulfillment and supervision requirements including maintenance for missed review and Not In Good Order (NIGO), funding, terminations, and withdrawals requests
• Engages in relationship building opportunities and partners with appropriate business counterparts when opportunities are identified

Required Qualifications

• Series 7 and 66 (or equivalent) are required to be considered for this role.
• Consider this role if you are someone who brings a positive attitude to work, likes to solve problems, makes few mistakes, and hangs your hat on ownership. You are flexible and productive in your current role.
• You have enough knowledge and experience to discuss the use of margin, equity and option trading, and related trading violations with clients.
• You are comfortable with the Merrill Edge platform/website and client order entry procedure and understand the products and services provided by our firm.
• You can expect to develop expertise in trading, markets, options and margin as a member of our Trade Elevation.

Desired Qualifications:

• You are a self-starter who can works independently, collaborates with other and is a very good communicator.
• You have an interest in a variety of investment products and markets and have worked in a contact center or have retail investing/trading experience.

Skills:

• Attention to Detail
• Critical Thinking
• Customer and Client Focus
• Oral Communications
• Active Listening
• Decision Making
• Emotional Intelligence
• Result Orientation
• Trading
• Client Experience Branding
• Client Solutions Advisory
• Prioritization
• Referral Identification
• Written Communications

Minimum Education Requirement:

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - MD - Hunt Valley - 11333 MCCORMICK RD - HUNT VALLEY (MD5031), US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range

$33.65 - $43.27 hourly pay, offers to be determined based on experience, education and skill set.

Predictable pay

This role is compensated with a base salary and is not incentive eligible.

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.