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Private Wealth Management Specialist - Analyst

Denver, Colorado

Job Description:

Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Lynch Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. 

The 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 Wealth Management Specialist 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.

Role Responsibilities

  • Identify and own the client onboarding process

  • Document client interactions and provide team with time sensitive updates

  • Execute on team service model

  • Assist the Financial Advisor Team and/or Senior Business Manager in developing, and monitoring the team's client book segmentation strategy

  • Engage specialists/partners to address client's needs

  • Identify and own the client off boarding process

  • Attend client review meetings to assist in re-discovery conversations, capture notes and follow up in Sales Force, and track all actions/activities to ensure highest  level of client service

  • Monitor and report on client satisfaction and manage the resolution of client escalations

Qualifications

  • Series 7, 63/65 or 66 or equivalent; must obtain all state registrations in support of Financial Advisor(s) and Advisor Team(s)  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 within specified timeframe

  • 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

  • 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 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

Please be advised that under current company policy, Merrill Lynch does not sponsor a visa petition or other work authorization, nor will the company provide relocation assistance, for this position.

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Merrill Lynch Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Lynch Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. 

The 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 Wealth Management Specialist 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.

Role Responsibilities

  • Identify and own the client onboarding process

  • Document client interactions and provide team with time sensitive updates

  • Execute on team service model

  • Assist the Financial Advisor Team and/or Senior Business Manager in developing, and monitoring the team's client book segmentation strategy

  • Engage specialists/partners to address client's needs

  • Identify and own the client off boarding process

  • Attend client review meetings to assist in re-discovery conversations, capture notes and follow up in Sales Force, and track all actions/activities to ensure highest  level of client service

  • Monitor and report on client satisfaction and manage the resolution of client escalations

Qualifications

  • Series 7, 63/65 or 66 or equivalent; must obtain all state registrations in support of Financial Advisor(s) and Advisor Team(s)  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 within specified timeframe

  • 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

  • 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 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

Please be advised that under current company policy, Merrill Lynch does not sponsor a visa petition or other work authorization, nor will the company provide relocation assistance, for this position.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21058272

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Elizabeth Schaefer

Referral Bonus:

0

Colorado job seekers

In accordance with Colorado law:

if you have questions about compensation and general benefits information for this job posting, please email equalpayinformation@bofa.com. This is a dedicated mailbox designed to exclusively support job seekers requesting information under the Colorado law. Only inquiries for this purpose will receive a reply. For all other inquiries, please review our Frequently Asked Questions.

Street Address

Primary Location:
370 17TH ST, CO, Denver, 80202