Bank of America · 9 hours ago
Wealth Management Specialist
New York, NY
Full-time
Onsite
Entry, Mid, Senior LevelBank of America is a leading provider of wealth management and investment products through Merrill Wealth Management. The Wealth Management Specialist role focuses on developing client relationships, servicing client segments, and supporting financial advisors in achieving their goals through comprehensive wealth management services.
Asset ManagementBankingFinanceFinancial ServicesFinTech
Responsibilities
Develop and service client segments and the next generation and their next generations and beneficiaries
Gather additional assets from existing client base and deepen relationships by partnering with all Merrill partners to deliver full breadth solutions
Coordinate technological support through the development of portfolio analysis, proposals and direct mail campaigns utilizing Salesforce and other tools and resources
Provide technical expertise in certain product areas (e.g. Corporate 401(k), Rule 144, Insurance, Wealth Management Workstation)
Provide marketing and organizational support
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 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 disciplinary action up to and including termination
Role is designed to allow employees to study and obtain all required registrations
The Elite Growth Practice (EGP) Private Wealth Management Specialist position may be filled at a Trainee, Specialist or Senior level depending on experience of the candidate and needs of the Financial Advisor Team
The Trainee is a non-exempt position for a hire lacking required security licenses and/or designation
This position allows the individual to become fully licensed and achieve the appropriate designations required for the position
If Series 7 and 66 (or 63 & 65) licenses and approved designation are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position
The Elite Growth Practice (EGP) Private Wealth Management Specialist is responsible for performing a variety of specialized functions across a Financial Advisor team such as: Business Management, Business Development, Wealth Planning, Investment Management or Relationship Management
The Private Wealth Management Associate provides quality client service and effective and efficient operations support
He or she may provide advice and assist with training for less experienced team members
Executes problem escalation and/or problem solving of diverse scope where extensive analysis and evaluation may be required
Exercises judgment within generally defined practices and policies in obtaining or determining solutions
Has working knowledge of the Merrill Lynch Wealth Management business and specialized team functions for which he or she is assigned
Qualification
Required
Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support. If Series 7, 63/65 or 66 or equivalent are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position
SAFE ACT Registration; ADV-2B Required
Obtain and/or maintain at least one firm approved designation
Demonstrated expertise and impact in at least two of the following specialized functions: Wealth Planning, Investment Management, Business Development, Business Management and/or Relationship Management
Possess and demonstrate strong communication skills
Demonstrate an understanding of how to deliver a strong overall client experience
Thorough knowledge and understanding of the suite of Wealth Management products and services
Detail oriented with strong organizational skills and ability to manage multiple tasks and priorities at once
Strong partnership and relationship management skills; ability to work across Elite Growth Program (EGP) functions and organizational lines/levels
Ability to influence and demonstrate clear communication and collaboration with others to make sound decisions without direct authority
Analytical skills with ability to identify trends, root cause and effects and implement improved processes to increase growth and mitigate risk
Ability to identify client needs and concerns and articulate appropriate approach to align solutions to goals to support responsible growth
Company
Bank of America
Bank of America is a financial institution that offers credit cards, home loans, and auto loan services.
Founded in 1998
10001+ employees
H1B Sponsorship
Bank of America has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (645)
2024 (546)
2023 (590)
2022 (759)
2021 (715)
2020 (931)
Funding
Current Stage
Public CompanyTotal Funding
$3.59BKey Investors
Berkshire Hathaway
2025-02-20Post Ipo Debt· $386.79M
2024-11-26Post Ipo Debt· $2B
2020-07-28Post Ipo Equity· $400M
Leadership Team
Charissa Messer
Senior Vice President, Creative Agency Executive (Enterprise Creative Solutions)
Rami Salem
SVP Strategic Competitive Intelligence
Recent News
2025-12-30
bloomberglaw.com
2025-12-30
2025-12-29
Company data provided by crunchbase