Merrill Lynch Team Financial Advisor Program (Business Management) - New Orleans

The Team Financial Advisor (TFA) role is a specific functional role aligned to a Financial Advisor (FA) team for the purpose of concentrating on a targeted aspect of the Team's business. The primary focus of the TFA Business Management role is to ensure the FA team has a defined business plan along with team roles and responsibilities and to track to the goals in the plan. The TFA Business Manager will own, manage and track to the components of the team's client segmentation and pricing model. The TFA Business Manager will need to apply future industry trends and firm strategy to the team's practice.

Key Responsibilities

Understand all aspects of an optimal practice and complete the training and development needed to prepare for a successful career as a Financial Advisor

Ensure the team has a Business Plan in place that defines a clear vision for the practice along with goals and objectives, team roles and responsibilities and processes for all of the Optimal Practice Model Functional Roles

Hold regular practice meetings to drive accountability to business plan

Track and monitor progress to goals

Manage and fund an established budget for practice expenses

Monitor and manage team's business expenses

Ensure team is using client segmentation, pricing and profitability model

Leverage partners within the firm to drive the overall vision for the practice

Evaluate team practice using the SWOT Analysis

Create professional development plans for team members

May manage team "staff"(Investment Associates/Client Associates)

Establish and maintain relationships with the management team and inform them of any circumstances that require supervisory attention/review/approval per compliance guidelines and policies

Complete required training, obtain industry licenses (Series 7 & 66), master assessments, maintain continuing education requirements and meet minimum performance standards

Source prospective clients, capitalize on referrals and assess customer needs

Deliver highly customized solutions and through collaboration deliver the full resources of Bank of America Merrill Lynch

This position may be 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. If your position requires SAFE Act registration, you will be 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 your immediate termination.

Qualifications:

Proven ability to influence, develop and motivate others

Proven ability to think strategically

Strong meeting facilitation skills

Proven ability to assess needs of clients and recommend appropriate solutions/interventions

Proven ability to work collaboratively on a team and with key partners

Proven ability to listen and probe for clarity and understanding

Ability to source clients through prospecting and networking

Ability to work in an environment where the majority of your compensation is tied to your performance

Goal and results oriented

Effective communication skills (written and verbal)

Strong follow-through skills

Computer/technical literacy and proficiency in Microsoft Word, PowerPoint, Excel

Ideal candidate will have:

At minimum a Bachelors Degree

Masters of Business Administration Degree and/or equivalent business experience

Experience working in business management/leadership role

Proficiency in using Salesforce/Client Relationship Manager Tool

Budget management experience

Strong understanding of the Financial Advisor role