girl looking into her desktop
Back to search results

Wealth Strategies Analyst (WSA)

Scottsdale, Arizona;

Job Description:

Business Overview

Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

The Private Bank is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. 

Job Description

Supports Wealth Strategists in developing and preparing existing and prospective clients' financial plans, analyses, and models, which may encompass investment, retirement, estate, gift, and tax planning, and risk management. Reviews, analyzes, and flowcharts estate planning documents and drafts initial financial projections. Assists in the coordination of client workshops to provide financial advisory expertise to internal sales team and existing clients. Executes and delivers on special projects as needed. Supports marketing efforts through preparation of presentations to facilitate securing current and future business and to build credibility in the local marketplace. Reviews communication materials for updates on product and service offerings, policy and procedure changes, as well as personnel and risk management updates.

Key Responsibilities:

  • Gather financial data from a variety of sources (clients and internal and external partners)

  • Review, analyze, and flowchart estate planning instruments

  • Prepare and analyze balance sheets, financial projections, and transfer tax illustrations

  • Create initial draft of client letters

  • Research estate and financial planning matters

  • Participate in internal and external client meetings

  • Administrative duties as needed​

Qualifications/Desired Skills

Qualifications:

  • Financial planning skills: Basic understanding of a wide range of subject matters including income taxation, stock options, insurance, investments, and cash flow modeling.

  • Estate planning skills: Basic understanding of the transfer tax system and core tax savings strategies such as annual gifts and GST trusts. Familiarity with advanced concepts such as charitable and non-charitable split interest trusts (CRTs, CLTs, GRATs, QPRTs).

  • Strong analytical skills

  • High attention to detail

  • Excellent written and verbal communication skills

  • Highly motivated, self-starter with a sincere interest in learning and building a career in this growing field.

Desired:

  • Familiarity with Microsoft Office Suite (Excel, PowerPoint, Word, Outlook), legal and tax research resources, and third-party software such as BNA Income Tax Planner, NumberCruncher, and WealthTec a plus

  • BA/BS in Finance, Accounting, or other business related major preferred

  • JD, CFP, CPA or currently pursuing desirable

  • Recent JD law school graduates are strongly encouraged to apply for consideration, willingness to train individuals who possess a strong and sincere interest in taking their legal careers in the direction of Trust, Estate and Financial Planning. Bar is not required for placement in this role.


 

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Business Overview

Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

The Private Bank is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. 

Job Description

Supports Wealth Strategists in developing and preparing existing and prospective clients' financial plans, analyses, and models, which may encompass investment, retirement, estate, gift, and tax planning, and risk management. Reviews, analyzes, and flowcharts estate planning documents and drafts initial financial projections. Assists in the coordination of client workshops to provide financial advisory expertise to internal sales team and existing clients. Executes and delivers on special projects as needed. Supports marketing efforts through preparation of presentations to facilitate securing current and future business and to build credibility in the local marketplace. Reviews communication materials for updates on product and service offerings, policy and procedure changes, as well as personnel and risk management updates.

Key Responsibilities:

  • Gather financial data from a variety of sources (clients and internal and external partners)

  • Review, analyze, and flowchart estate planning instruments

  • Prepare and analyze balance sheets, financial projections, and transfer tax illustrations

  • Create initial draft of client letters

  • Research estate and financial planning matters

  • Participate in internal and external client meetings

  • Administrative duties as needed​

Qualifications/Desired Skills

Qualifications:

  • Financial planning skills: Basic understanding of a wide range of subject matters including income taxation, stock options, insurance, investments, and cash flow modeling.

  • Estate planning skills: Basic understanding of the transfer tax system and core tax savings strategies such as annual gifts and GST trusts. Familiarity with advanced concepts such as charitable and non-charitable split interest trusts (CRTs, CLTs, GRATs, QPRTs).

  • Strong analytical skills

  • High attention to detail

  • Excellent written and verbal communication skills

  • Highly motivated, self-starter with a sincere interest in learning and building a career in this growing field.

Desired:

  • Familiarity with Microsoft Office Suite (Excel, PowerPoint, Word, Outlook), legal and tax research resources, and third-party software such as BNA Income Tax Planner, NumberCruncher, and WealthTec a plus

  • BA/BS in Finance, Accounting, or other business related major preferred

  • JD, CFP, CPA or currently pursuing desirable

  • Recent JD law school graduates are strongly encouraged to apply for consideration, willingness to train individuals who possess a strong and sincere interest in taking their legal careers in the direction of Trust, Estate and Financial Planning. Bar is not required for placement in this role.


 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21074120

Band: H6

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Susan Membrino

Referral Bonus:

0