Market Leader - Advisor Development Program at Bank of America

Wayzata, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

170000.0

Posted On

07 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Supervision, Coaching, Sales Management, Relationship Building, Communication Skills, Risk Management, Performance Management, Client Acquisition, Team Leadership, Pipeline Management, Strategic Planning, Change Management, Business Acumen, Influencing Skills, Self-Motivation, Proactive Approach

Industry

Banking

Description

Job Description: Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America. Merrill 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 Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective. Job Description: As a Market Leader for the Advisor Development Program (ADP), you will: Provide regulatory supervision and oversight to advisors Ensure ADP participants are meeting and achieving hurdles In alignment with national program, lead training and develop activities, tools, and routines to help enable Advisor Trainee productivity Personal involvement with ADP participants who require heightened support to achieve success Help reinforce compliance, supervision, and provide risk management support of ADP participants and their activity for market leadership Lead pipeline management routines with teams and coach on pipeline execution Support client acquisition efforts by maximizing lead potential via enterprise relationships Strategy & Accountability Support leaders in implementing effective performance management, including goal setting, incentive, and other reward, and recognition mechanisms Accountable to support market results, while maintaining strict consistency with national programs Coaching and Development: Work closely with advisor trainees, coaching for successful professional growth and development. Build and manage relationships across the franchise. Coach and counsel Advisor Trainees on strategic business drivers. Sales Force Expansion: Support sales management in executing sale force growth plans and support effective Advisor recruiting strategies. Sales Supervision: Administer superior sales supervision/practices in the market. Responsibilities: Ability to attract, recruit and retain an effective sales and operations team. Must demonstrate excellent communication skills. Strong relationship building and business partnering skills. Ability to interact effectively with senior management. Ability to work effectively across organizational boundaries. Strong influencing and leadership skills. Self-motivated and proactive, with the ability to balance multiple priorities. Ability to balance business and corporate perspectives. Sound business judgment and acumen. Proven track record of coaching and improving performance in others Proven ability to drive integration across solutions and drive results through superior delivery and sales management Proactively builds trusted relationships with key partners/clients Ability to be a change agent and work in a fast paced environment Communicates strategic business plans and tactical sales goals clearly and effectively at all levels 3+ years industry experience with a leading firm 5+ years of demonstrated experience with sales and building, leading, managing and coaching a team Series 7 & 66 (63 and 65) required and Series 9 & 10 or (4, 24, 53 combination).If Series 9 & 10 not currently held, must be obtained within 120 days. Travel required: Will vary depending on geography Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - MN - Wayzata - 315 LAKE ST E (MN9315) Pay and benefits information Pay range $130,000.00 - $170,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. 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. Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

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Responsibilities

As a Market Leader for the Advisor Development Program, you will provide regulatory supervision and oversight to advisors while ensuring ADP participants meet their goals. You will also lead training and development activities to enhance Advisor Trainee productivity and support client acquisition efforts.