Wealth Management Specialist NPD

Job Description:

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill 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. 

Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency.  Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.

At Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas, and experiences, helping to create a work community that is culture driven, resilient, results focused and effective.

The Elite Growth Practice (EGP) 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.

Job Description:
This job is responsible for performing a variety of specialized functions across a team of Financial Advisors, such as business management, business development, wealth planning, investment management, or relationship management. Key responsibilities include providing quality client service, and operations support and executing problems where extensive analysis and evaluation is required. Job expectations include having knowledge of the Merrill Wealth Management business and supporting team members as needed. 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.

Responsibilities:

·       Provides quality client service and effective operations support by resolving client issues and analyzing data to address risk issues and trends

·       Escalates issues and provides resolution on complex inquiries, requests, and problems related to client concerns

·       Documents client interactions and provides team members with time sensitive updates

·       Attends client review meetings to capture notes, document in Salesforce, and tracks all actions/activities to ensure the highest level of client service is provided

·       Provides advice and assists with training for team members

Skills:

·       Account Management

·       Business Acumen

·       Customer Service Management

·       Client Management

·       Portfolio Management

·       Referral Identification

·       Referral Management

·       Relationship Building

·       Administrative Services

·       Process Simplification

Required Qualifications:

·       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 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​

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: