Managing Director; Private Wealth Manager

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.  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!

Responsibilities:

• Advise international and domestic clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate.

• Responsible for the sale and implementation of wealth management services to core clients and Ultra High Net Worth individuals and families.

• Provide new client acquisition and retention through a broad knowledge of investments, banking, trust services and financial planning.

• Develop asset allocation strategies driven by a rigorous due diligence and manager selection process.

• Coordinate specialists (Investor, Capital Advisor, Trust and Estate Advisor and Wealth Advisor) to provide interdisciplinary expertise and complete wealth management solutions to our most complex clients.

• Ensure that the proposed products and services maximize the clients' needs, goals and objectives.

• Ensure compliance with the applicable US laws and regulations.

• Analyze Client’s balance sheets and personal wealth to help design financial plans based on specific investment strategies to meet Clients desired level of wealth.

• Assess the implementation of asset protection and cross-border strategies for inbound and outbound investments.

• Understand and facilitate the implementation of wealth structures for tax efficiency, wealth preservation, and succession planning for Client’s various asset holdings.

• Interpret ongoing changes taking place in various Latin America jurisdictions to ensure Client’s wealth structures remain compliant with local obligations on an ongoing basis.

• Prospect and network with high net worth individuals with investible assets to grow book of business and source key clients.

• Conduct investment proposals and reviews by delivering presentations.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Bachelor’s degree or equivalent in Finance, Economics, Business Administration or a related field; and 

• 5 years of progressively responsible experience in the job offered or a related finance occupation.

• Analyzing Client’s balance sheets and personal wealth to help design financial plans based on specific investment strategies to meet Clients desired level of wealth;

• Assessing the implementation of asset protection and cross-border strategies for inbound and outbound investments;

• Understanding and facilitating the implementation of wealth structures for tax efficiency, wealth preservation, and succession planning for Client’s various asset holdings;

• Interpreting ongoing changes taking place in various Latin America jurisdictions to ensure Client’s wealth structures remain compliant with local obligations on an ongoing basis;

• Prospecting and networking with high net worth individuals with investible assets to grow book of business and source key clients; and,

• Conducting investment proposals and reviews by delivering presentations.

• 50% domestic/ international travel, as necessary.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

Employer: Merrill Lynch

Shift:

1st shift (United States of America)

Hours Per Week: 

40