Peersight
Employers
Jobs
Companies
Top Cities
Log In
Jobs
Service Cashier - Daytime Availability Merchandising Part Time Sales Representative Sales Representative Sales Representative Service Part Time Sales Sales Part Time Sales Customer Service - Work from Home Service Sales Representative Service Product Tester at Home Customer Service - Work from Home Lumber Sales Associate In-Home Usage Tester Product Tester at Home Product Tester at Home Sales Representative Customer Service - Work from Home In-Home Usage Tester Product Tester at Home Customer Service - Work from Home Product Tester at Home Product Tester at Home Bilingual Customer Service - French and In-Home Usage Tester Service In-Home Usage Tester Receiving Associate Full Time Bilingual Customer Service - French and Marchandiseurs en Vente In-Home Usage Tester Customer Service - Work from Home Line Cook Customer Service - Work from Home Customer Service - Work from Home Flooring Sales Associate Customer Service - Work from Home Senior Accountant Product Tester at Home Product Tester at Home Product Tester at Home Service client Service Product Tester at Home Product Tester at Home Product Tester at Home Newest Jobs
Companies
Yelp ContactMonkey CareGuide Sterling-Turner Clearbanc Two Sigma WeWork Aecom Exact Media Aerotek Jane Street First Convenience Bank Doordash AsteroidX AT&T Shopify Insight Global Creative Circle Hatchways Clickworker Borrowell Square Vector Marketing Amazon Flex LowCostWebDesignFirm.com Walgreens Recovhub Instacart American Income Life Scotiabank 51talk TD Bank Microsoft Akira Paylocity UnitedHealth Group Top Hat CI&T mappedin Desjardins Checkout 51 Mobeewave The Youth Connection GoParkr Peel Regional Police Hootsuite autoTRADER.ca ScribbleLive SnapTravel Xiaomi All Companies
Top Cities
Chicago, Illinois Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs New York, New York Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs Toronto, Ontario Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs Vancouver, British Columbia Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs Calgary, Alberta Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs San Francisco, California Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs Montréal, Quebec Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs Los Angeles, California Sales Jobs Engineering Jobs Marketing Jobs Product Jobs Design Jobs Customer Support Jobs
Navigation
My Profile Log Out

Analyst At Bank of America

Location: Los Angeles, California

Job Description

Job Description:



Business Overview

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.


Merrill Lynch’s financial advisors help clients pursue the life they envision through a one-on-one relationship with an advisor committed to their needs. We believe trust comes from transparency. Our trusted financial advisors are equipped with access to the investment insights of Merrill Lynch coupled with the banking convenience of Bank of America.


Description

The Analyst (Registered) is a fully paid or firm paid (exception only), salaried, exempt position on the Financial Advisor Team to further develop and service their client base. The Analyst is responsible for implementing and executing the Optimal Practice Model (OPM) in their specific functional role (i.e. Business Development, Business Management, Relationship Management or Investments). Specific accountabilities for the role may vary depending on the team’s practice. Performance is measured by the FA or FA team, along with OMT, through specific goals, metrics, and behavior related to the execution of the OPM function. The Analyst (Non Registered) is a non exempt position for a non -licensed hire lacking a license and/or designation, until fully licensed and designation achieved. The Analyst (Registered) is a non-exempt position for licensed employees that are in progress of completing their designation in 12-months.


Analyst (Non-exempt)

  • This role is a temporary position to allow externally hired individuals to obtain their license within 6 months. If they
  • do not do so, they cannot continue in the role beyond 6 months. At the same time, they have twelve months from license completion to obtain a firm approved designation
  • Obtain license and pursue a firm approved designation
  • Develop and maintain client profiles including analysis of present position and creation of balance sheet and net worth statement. Ensure risk profiles, goals, objectives and asset allocations are appropriate.
  • Utilize Investor Personality Analysis tool
  • Deliver full range of Goals -Based Wealth Management strategies and tools and leverage specialists as appropriate.
  • Partner with internal specialists (e.g., W M bankers, Retirement specialists, PBIG, Trust and Insurance experts) and external advisors to deliver holistic goals-based financial solutions
  • Identify and establish target niche client segments and establish a strong reputation within those markets, as well as the designations to support the practice’s specialization
  • Prepare and present client reports/r reviews and measure progress to goals
  • Maintain and execute a well-developed and clear marketing plan

Analyst Registered (Non-exempt)

  • This role is a temporary position to allow externally hired individuals and internally transferred employees to obtain their designation within 12-months. Employees selecting designations with lengthier completion times will be granted the term identified by the designation organization to complete. Failure to complete the designation level per the recommended time frame will result in the employee removed from the role.
  • Pursue firm approved designation
  • Develop and maintain client profiles including analysis of present position and creation of balance sheet and net worth statement. Ensure risk profiles, goals, objectives and asset allocations are appropriate.
  • Utilize Investor Personality Analysis tool
  • Deliver full range of Goals -Based Wealth Management strategies and tools and leverage specialists as appropriate.
  • Partner with internal specialists (e.g., W M bankers, Retirement specialists, PBIG, Trust and Insurance experts) and external advisors to deliver holistic goals-based financial solutions
  • Identify and establish target niche client segments and establish a strong reputation within those markets, as well as the designations to support the practice’s specialization
  • Prepare and present client reports/r reviews and measure progress to goals
  • Maintain and execute a well-developed and clear marketing plan

Specific Accountabilities:

  • Develop and service client segments and the next generations and beneficiaries.
  • Develop, profile, and qualify new prospective clients through practice client acquisition strategies
  • Organize client events, referral alliances, and targeted seminars with a focus on strategic networking, sourcing and introductions
  • Implement Goals-Based Wealth Management process utilizing current tools and technologies for clients and prospects.
  • Gather additional assets from existing client base and deepen relationships by partnering with all GWIM partners to deliver full breadth of 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. May support additional activities included in Good/Better/Best of OPM

Requirements:

  • Either Series 7 and 66 licenses or Series 7, 63, and 65 licenses
  • All state licenses in support of FA or FA Team’s client base
  • All product licenses in support of FA or FA Team’s client base
  • Obtain and/or maintain at least one firm approved designation
  • Safe Act Registered

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:

37.5