Senior Private Client Advisor – Wealth & Growth

Bank of America; Minneapolis (MN); On-site; USD 100,000 - 275,000; Full time

Benefits offered by this job

Incentive plan

Industry-leading benefits

Paid time off

Job summary

Bank of America is seeking an experienced private banking professional in Minneapolis to lead client process management and drive new business opportunities. You will deliver a branded client experience, understand client wealth strategies, and provide integrated recommendations across wealth planning, credit facilities, banking, and asset management.

The role requires a strong track record in private banking, 12+ years of experience, Series 7/63/65 licenses (or 66) and the ability to obtain

Qualifications

• Series 7, 63 and 65 (or Series 7 and 66)
• 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

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

Skills

Client Management

Business Development

Wealth Planning

Relationship Building

Analytical Thinking

Oral Communications

Active Listening

Referral Management

Risk Management

Collaboration

Decision Making

Loan Structuring

Sales

Education

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

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America is seeking an experienced private banking professional in Minneapolis to lead client process management and drive new business opportunities. You will deliver a branded client experience, understand client wealth strategies, and provide integrated recommendations across wealth planning, credit facilities, banking, and asset management.

The role requires a strong track record in private banking, 12+ years of experience, Series 7/63/65 licenses (or 66) and the ability to obtain