Job Description:Job Description:The Merrill Wealth Management Market Executive job is responsible for leading the market to ensure the delivery of an exceptional client experience and focusing on achieving sustainable, responsible growth through operational excellence and risk management. Key responsibilities include building a culture of excellence by recruiting, developing, and retaining top talent in an environment that is inclusive and supportive of all employees. Job expectations include establishing enterprise-wide relationships and protecting the bank's brand internally and externally.
Responsibilities:- Develops and executes a market growth plan to increase profitability and drive sustainable responsible growth
- Recruits, coaches, and retains high-performing talent and leads a culture of diversity, inclusion, and respect
- Holds Advisors accountable for providing an exceptional client experience
- Fosters and leverages relationships to ensure coordinated delivery of the enterprise's full capabilities and offerings to clients by collaborating across all channels and product groups in the client's best interest
- Establishes a risk culture and ensures all team members are protecting the interests of the firm, while enhancing the client experience
- Manages the market Profit and Loss with a focus on revenue growth and return for shareholders
- Represents the firm in the community to increase brand visibility and enhance new and existing business opportunities
Managerial Responsibilities:This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
- Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.
- Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.
- Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.
- People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.
- Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.
- Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.
- Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank's capabilities to meet client needs and to gain competitive advantage.
Desired Skills:- 10+ years of Financial services experience.
- 4+ years of leading a team of advisors.
- Series 3 and 31 or ability to obtain.
- Series 7, Series 63 and 65 or 66, and Series 9 and Series 10 are required.
Skills:- Business Acumen
- Coaching
- Decision Making
- Drives Engagement
- Executive Presence
- Conflict Management
- Customer and Client Focus
- Inclusive Leadership
- Relationship Building
- Risk Management
- Emotional Intelligence
- Leadership Development
- Performance Management
- Process Effectiveness
- Recruiting
Shift:1st shift (United States of America)
Hours Per Week: 40
Pay Transparency detailsUS - MA - Wellesley Hills - 45 William St (MA9045)
Pay and benefits information
Pay range
$225,000.00 - $300,000.00 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.
