Private Bank Market Executive
| Company | Bank of America |
|---|---|
| Location | Naples, FL, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior, Expert or higher |
Requirements
- FINRA Licenses Required: S7, S66 OR S63 & S65, S24.
- Strong business judgment and decision making, particularly on issues relating to business selection, risk management, talent and performance management, enterprise partnerships, financial management and problem resolution
- Demonstrated track record of delivering business results & driving responsible growth
- Ability to attract, select, develop, and retain top talent across job families
- Communicates in a clear and compelling manner with employees, clients, and enterprise partners (executive presence)
- Strong foundational end to end knowledge of the business, including the fiduciary and investment platform, banking and credit products, and industry trends.
Responsibilities
- Delivers on key business and financial metrics
- Drives an integrated culture of responsible growth across all roles
- Executes against Private Bank strategy and priorities, tailored to local market dynamics and competitor footprint
- Ensures sound decision making on business selection in accordance with risk appetite
- Is fully accountable for effectively managing market’s trust risks, adherence to administrative metrics, and ensuring trust policy adherence
- Decisions resource allocation in market, including headcount and marketing priorities
- Responsible for client satisfaction and retention
- Drives delivery of the investment and fiduciary platform credit and banking solutions and enterprise capabilities to clients
- Owns final decisions on client team composition and book distribution upon advisor departures
- Partners with CME to ensure resolution of issues/obstacles
- Engages directly with key clients and prospects, including oversight of the at-risk client process and direct engagement with at-risk clients
- Recruits, hires, develops, and retains talent
- Coaches across roles on driving responsible growth and risk management
- Drives employee engagement and culture of inclusion
- Gets to know top and key diverse talent in the market, externally and across BAC lines of business
- Acts quickly to address performance issues
- Responsible for delivering the bank to Private Bank clients and prospects, based on their individual needs and goals
- Delivers on cross-LOB referral and pull-through targets
- Serves as face of Private Bank in the market to enterprise partners, market president team and in the local community
- Drives an enterprise mindset and referral activity across disciplines
Preferred Qualifications
- Bachelor’s Degree preferred.
- Advanced certifications a plus.