Posted:
9/10/2024, 8:27:53 AM
Location(s):
Jersey City, New Jersey, United States ⋅ New Jersey, United States ⋅ Minnesota, United States ⋅ Boston, Massachusetts, United States ⋅ Massachusetts, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Legal & Compliance
Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted 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.
Bank of America believes both 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. Join us!
The Business Team:
The Fiduciary Programs and Platforms (FPP) Team is a dynamic, innovative, and forward-thinking team responsible for the management and development of Bank of America’s industry-leading fiduciary business, including the Merrill Lynch Investment Advisory Program (IAP) and its Merrill Lynch One platform. IAP comprises over $1.2+ trillion in client assets across 800k+ households, which generates ~$10B in annual revenue for Merrill Wealth Management. This team and our Fiduciary program offering are critical to help drive business growth and optimal investment outcomes for our clients. The primary focus areas of the team consist of providing support of the fiduciary program offering, including platform enhancements and modernization, improving product offerings & capabilities, identifying pricing opportunities, along with defining and implementing IAP oversight and program guidelines to help drive growth and efficiency across all client segments and advisors across the company.
Job Description:
The Fiduciary Initiatives Executive will provide strategic and regulatory support to leadership and team members in connection with Fiduciary Team projects in the ordinary course. He or she will work with Fiduciary Team members and across the Merrill organization to tackle legal, compliance and regulatory issues as part of any strategic initiative or regulatory response. In addition, he or she will be responsible for coordinating disclosure updates affecting our ADV brochure materials and financial advisor and client communications.
Key Responsibilities:
Desired Skills:
Shift:
1st shift (United States of America)Hours Per Week:
40Website: https://bankofamerica.com/
Headquarter Location: Charlotte, North Carolina, United States
Employee Count: 10001+
Year Founded: 2007
Last Funding Type: Seed
Industries: Asset Management ⋅ Banking ⋅ Finance ⋅ Financial Services ⋅ FinTech