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- Tasks: Lead and support the Advisor Development Program while ensuring compliance and performance management.
- Company: Join Bank of America, a leading financial institution committed to innovation and growth.
- Benefits: Enjoy competitive pay, professional development opportunities, and a dynamic work environment.
- Why this job: Be part of a transformative program that shapes future leaders in finance and fosters personal growth.
- Qualifications: 3+ years in the industry and 5+ years in sales leadership; Series 7 & 66 required.
- Other info: This role requires travel and offers a chance to make a significant impact in a fast-paced setting.
The predicted salary is between 43200 - 72000 £ per year.
As a Market Leader for the Advisor Development Program (ADP), you will:
- Provide regulatory supervision and oversight to advisors
- Ensure ADP participants meet and achieve hurdles
- Lead training and development activities, tools, and routines to enable Advisor Trainee productivity
- Personally support ADP participants requiring heightened support
- Reinforce compliance, supervision, and provide risk management support for ADP activities
- Lead pipeline management routines and coach on execution
- Support client acquisition efforts by maximizing lead potential via enterprise relationships
- Implement effective performance management, including goal setting, incentives, and recognition mechanisms
- Support market results while maintaining adherence to national programs
- Coach and develop advisor trainees for professional growth
- Support sales force expansion and effective recruiting strategies
- Administer sales supervision practices in the market
Responsibilities:
- Attract, recruit, and retain an effective sales and operations team
- Demonstrate excellent communication skills
- Build strong relationships and partner effectively
- Interact effectively with senior management
- Work effectively across organizational boundaries
- Exhibit strong influencing and leadership skills
- Be self-motivated and proactive, balancing multiple priorities
- Balance business and corporate perspectives
- Exercise sound business judgment and acumen
- Proven track record of coaching and performance improvement
- Drive integration across solutions and deliver results through sales management
- Build trusted relationships with key partners and clients
- Be a change agent in a fast-paced environment
- Communicate strategic plans and sales goals clearly at all levels
Require 3+ years industry experience with a leading firm
Require 5+ years of experience in sales, leading, managing, and coaching a team
Must hold Series 7 & 66 (or 63 and 65); if Series 9 & 10 are not held, they must be obtained within 120 days
Travel as required depending on geography
Shift: 1st shift (United States of America)
Hours per week: 40
Market Leader - Advisor Development Program employer: Bank of America
Contact Detail:
Bank of America Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Leader - Advisor Development Program
✨Tip Number 1
Network with professionals in the financial services industry, especially those who have experience in advisory roles. Attend industry events or webinars to connect with potential colleagues and mentors who can provide insights into the Advisor Development Program.
✨Tip Number 2
Familiarise yourself with Bank of America's values and culture. Understanding their approach to client relationships and compliance will help you align your discussions during interviews and demonstrate that you're a good fit for the team.
✨Tip Number 3
Prepare to discuss your leadership and coaching experiences in detail. Think of specific examples where you've successfully developed team members or improved performance, as these will be crucial in showcasing your suitability for the Market Leader role.
✨Tip Number 4
Stay updated on industry trends and regulatory changes that affect the advisory landscape. Being knowledgeable about current events will not only help you in interviews but also show your commitment to the role and the company.
We think you need these skills to ace Market Leader - Advisor Development Program
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sales, coaching, and team management. Use specific examples that demonstrate your ability to lead and develop others, as well as your success in achieving sales goals.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Market Leader position and the Advisor Development Program. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience in regulatory supervision and training.
Highlight Relevant Qualifications: Clearly state your qualifications, including your Series 7 & 66 (or 63 and 65) certifications. If you need to obtain Series 9 & 10, mention your commitment to completing this within the required timeframe.
Showcase Leadership Skills: Provide examples of how you've successfully led teams and influenced change in previous roles. Highlight your communication skills and ability to build strong relationships, as these are crucial for the Market Leader role.
How to prepare for a job interview at Bank of America
✨Know Your Regulatory Stuff
As a Market Leader, you'll need to demonstrate a solid understanding of regulatory supervision and compliance. Brush up on relevant regulations and be prepared to discuss how you've ensured compliance in previous roles.
✨Showcase Your Coaching Skills
Highlight your experience in coaching and developing teams. Be ready to share specific examples of how you've supported team members' growth and improved performance, especially in a sales environment.
✨Demonstrate Strong Communication
Effective communication is key for this role. Prepare to discuss how you've built relationships with senior management and cross-functional teams, and be ready to provide examples of how you’ve communicated strategic plans clearly.
✨Be Ready to Discuss Performance Management
Since you'll be implementing performance management practices, think about how you've set goals, provided incentives, and recognised achievements in the past. Be prepared to explain your approach to driving results through effective performance management.