Private Client Advisor II

Back to search results

Private Client Advisor II

• Walnut Creek, California
• Palo Alto, California
• Additional locations

[Apply] × To proceed with your application you must be at least 18 years of age. [Acknowledge] × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. [Refer a friend] [Apply] × To proceed with your application you must be at least 18 years of age. [Acknowledge] × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America 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 Bank of America you can build a successful career with opportunities to learn, grow, and make an impact. Join us.

Job Description

This job is responsible for acquiring new clients, deepening client relationships, and building upon an internal and external network to achieve business development goals. Key responsibilities include leading the Client Management Process and partnering across the enterprise to provide a Branded Client Experience, including access to the full array of Private Bank and the banks capabilities and services to meet specific client needs. Job expectations include ensuring retention of clients.

This position is 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. Since this position requires SAFE Act registration, employees are 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 disciplinary action up to and including termination.

The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC, Safe Act, Loan Originators, and FINRA.

Responsibilities

• Leads the Client Process Management Process within the client team to identify new business development opportunities.
• Sources new clients in alignment with the banks established risk appetite.
• Leads the client team to deliver meaningful interactions and a Branded Client Experience.
• Develops an in-depth understanding of clients needs, preferences, and overall wealth strategy, being responsive to changes in the business environment and/or with client needs.
• Advocates for clients and prospects as their trusted advisor, providing integrated recommendations including wealth structuring, credit facilities, banking, and asset management.
• Encourages use and adoption of digital capabilities to enhance the client and client team experience.
• Builds relationships with internal and external partners and centers of influence.

Required Qualifications

• Series 7, 63, and 65; or Series 7 and 66. Unlicensed candidates may be considered if willing to obtain licenses within 90 days of start date.
• 12 years of private banking and/or complex financial services experience, or equivalent financial services/business experience.
• Ability to drive new business development for target client segment (3MM investable assets).
• Ability to present to clients a holistic approach leveraging the entire Private Bank platform.
• High touch, client-focused individual with exceptional interpersonal skills.
• Leader who recognizes opportunities for client engagement and proactively acts upon them for the betterment of the client.
• Ability to influence, proactively asks for and closes business.
• Solutions-oriented sales and financial aptitude, a must.
• Must be a skilled negotiator.
• Ability to work with and identify the need for team specialists, collaborate closely with other team members.
• Takes on a leadership role on the team and within the business community.

Desired Qualifications

• MBA or Post-Graduate Degree.
• CFP, CPA, CFA, CTFA, CFM, or JD (a significant plus).

Skills

• Business Development
• Client Management
• Client Solutions Advisory
• Prospecting
• Wealth Planning
• Analytical Thinking
• Oral Communications
• Referral Management
• Relationship Building
• Risk Management
• Active Listening
• Attention to Detail
• Collaboration
• Decision Making
• Loan Structuring

Minimum Education Requirement

High School Diploma, GED, Secondary School, or equivalent.

Shift 1st shift, United States of America

Hours Per Week 40

Learn more about this role

[Apply] × To proceed with your application you must be at least 18 years of age. [Acknowledge] × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. [Refer a friend] [Apply] × To proceed with your application you must be at least 18 years of age. [Acknowledge] × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.

Full timeJR-25015540Manages PeopleNo TravelYes 5 of the timeAge requirement: Must at least be 18 years of age.

California pay and benefits information

• California pay range: $100,000.00 - $275,000.00 annualized salary (offers to be determined based on experience, education, and skill set).
• Formulaic incentive eligible: This role is eligible to participate in a formulaic incentive plan. Employees are eligible for incentives as detailed by the specific line of business incentive plan provisions. Formulaic plans may be comprised of monthly, quarterly, and/or annual incentive opportunities. Incentives are earned based on the employees performance against defined metrics.

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.

[Share] [Save job] Job saved