Executive Coverage Advisor

3 weeks ago


Charlotte, North Carolina, United States Bank of America Full time

Job Title: Executive Coverage Advisor

Job Summary:

We are seeking an experienced Executive Coverage Advisor to join our team at Bank of America. As an Executive Coverage Advisor, you will be responsible for providing exceptional client service and coverage to Bank of America Executives.

Key Responsibilities:

  • Develop an in-depth understanding of clients' needs, preferences, and overall wealth strategy.
  • Lead the client management process (CMP) within the client team to provide exceptional client service while deepening existing relationships and delivering a branded client experience.
  • Advocate for clients and prospects as their trusted advisor, providing integrated recommendations including wealth structuring, credit facilities, banking, and asset management.
  • Encourage the use and adoption of digital capabilities to enhance the client and client team experience.
  • Build relationships with internal and external partners and centers of influence.
  • Sources new Bank of America Executive clients in alignment with established risk appetite.
  • Mentors Private Client Manager I-Executive Coverage and partners with them on more complex relationships.

Requirements:

  • 7+ years of private banking or complex financial services experience or minimal equivalent of a Bachelor's degree.
  • Responsible for driving new business development for target client segment ($3MM++ investable assets).
  • In-depth knowledge of at least one of the following areas: investments, trust and wealth transfer, banking, or credit; general understanding of all others.
  • Presents to clients a holistic approach, leveraging the entire US Trust platform.
  • A high-touch, client-focused individual with exceptional interpersonal skills.
  • A 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 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.
  • Series 7, 63, and 65 (or Series 7 and 66) required (may gain licenses after start - unlicensed candidates may be considered if willing to obtain licenses within 90 days of start date).

Preferred Qualifications:

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

Why Bank of America?

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We are committed 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.

We believe 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.


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