Bank of America Private Client Manager in West Conshohocken, Pennsylvania
U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.
U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. U.S. Trust employs more than 4,100 professionals and maintains 135 offices in 33 states.
U.S. Trust is looking to add the industry's most capable and trusted wealth advisors to the team. Inclusive in this opportunity are products, client service and support, and compensation and benefits programs among the most competitive.
Client team member with overall responsibility for maintaining and deepening existing and newly developed client relationships, while also responsible for contributing to new business development efforts
Works in close partnership with the client sales & service officers (CSSOs) and other specialists to ensure there is a coordinated approach to the clients day-to-day needs
Reports to the Market Executive or City Executive and obtains guidance from
the client team lead (PCA)
Focus on deepening client relationships; effectively manage a book of relationships in coordination with PCA, being responsible for client satisfaction and retention
Liaise with specialists, service officers and other resources to ensure the integrated delivery of investment, fiduciary, credit and banking solutions
Serve as periodic point of contact with clients and ensure quality and timeliness of client service delivery
Act as trusted financial advisor to, and advocate for, clients in coordination with PCA; provide them information and services that that expands their relationship with US Trust
Develop in-depth understanding of clients' needs, preferences and overall wealth; be responsive to changes in business environment or client needs
Achieve individual sales goals determined by ME and Divisional Leadership
Provide credit and banking services to existing clients • Build relationships with internal partners
Provide leverage to PCA by overseeing preparation of Client Management Program (CMP) activities and tactical execution of CMP outcomes
Foster collaboration among team members and partners; collaborate in their onboarding, coaching and development
Meet Risk & Compliance requirements and policies
This position may be 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. If your position requires SAFE Act registration, you will be 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 your immediate termination.
Key Skills Requirements:
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)
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
Posting Date : 04/11/2018
West Conshohocken, PA, 100 4 FALLS CORPORATE CTR (PA2120),
Philadelphia, PA, FOUR PENN CENTER, 1600 JFK BLVD,
- United States
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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