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Andsimple

Family Office Strategist- Managing Director Bank of America

Andsimple, New York, New York, us, 10261


Job Description:

Leveraging the Private Bank’s industry leading solutions, the Family Office Strategist (“FO Strategist”) works with Private Client Advisors (“Advisors”) and Client Teams to lead clients through comprehensive discussions and education on Family Office solutions and services. Results are accomplished through a consultative sales approach in offering family office solutions to both prospective and existing Private Bank clients. FO Strategist must be able to understand complex family structures and family office dynamics to effectively communicate the value proposition of our offering to Advisors, clients and other client representatives. The FO Strategist is focused on engaging with our wealthiest, most complex clients and help to deliver holistic Bank of America integrated solutions and services in collaboration with Advisors as well as our institutional banking partners. The FO Strategist will be responsible for growing and driving market share, promoting brand awareness and ongoing strategic direction of Family Office solutions.

FO Strategist Responsibilities:

Raise awareness on the importance Family Office solutions to appropriate client segments and aid in client acquisition and retention efforts

Partner with Advisors to customize wealth management strategies specifically tailored to Family Offices by drawing from the Private Bank’s comprehensive offering of investments, credit and cash management

Proactively identify and continuously pursue Family Office opportunities through in-depth client and prospect business reviews with Advisors, focused on our UHNW client segment

Leverage Bank of America thought leadership, digital capabilities, planning tools and resources

Lead meetings and presentations with Advisors, clients and prospects on Family Office solutions and educate on Family Office structures and governance

Drive connectivity to our broader enterprise including Global Banking teams and Global Markets to deliver more institutional-like capabilities and solutions

FO Strategist Qualifications:

7+ years of Family Office or Wealth Management related work experience and/or experience working with high net worth and ultra-high net worth clients

Proven track record of successful sales experience working with high net worth and ultra-high net worth clients

Deep understanding of investment, credit and cash management solutions for complex families

Ability to translate and communicate complex concepts and strategies to varied audiences (clients, advisors, attorneys, accountants, internal partners)

Strong communication and influence/collaboration skill including active listening and discovery abilities

Self-starter with ability to work under pressure with minimal hands-on direction

Work effectively in a team environment

Builds rapport with clients and internal partners that helps drive trusted relationships

Applies operational excellence

Growth mindset

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