2 days old

Practice Management Consultant

Bank of America
Chicago, IL
  • Job Code
Company Bank of America

Job Title Practice Management Consultant

Jobid bankofamerica-18017678ChicagoIL

Location: Chicago, IL, 60664, USA

Description **Job Description:**

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.

**Job Summary:**

The Practice Management Consultant (PMC) for Merrill Lynch Wealth Management (MLWM) assists in the development and implementation of strategies and tactics to increase the capacity and growth of Financial Advisory Practices. The PMC works with Financial Advisors (FAs) and Advisory Leadership to help strengthen Client Acquisition, Advisor Census, and the Client Experience. The PMC engages in activities such as coaching, research, content development, and program execution to facilitate effective team building and performance improvement. The PMC promotes diversity and best practices across the Advisory organization, and ultimately serves as an extension of Advisory Leadership.

**Key Responsibilities:**

+ Coaching FAs and FA teams to improve performance, and ultimately the client experience, through better business plans, role definitions, functional processes, etc.

+ Equipping Advisory Leadership with best practices for growing business and increasing capacity

+ Ensuring responsible team formation and facilitating team building events for FAs

+ Partnering with members of the Leadership Development team and FA Learning Team, as well as other internal specialists, to deliver firm strategies

+ Contributing to projects and programs, as well as execution plans related to PMCG goals

+ Traveling (approximately 50-60% of the time) within a regional territory for ongoing field coverage, as well as nationally for engagement in key programs or events

+ Operating in self-directed manner as a member of a nationally dispersed, virtually based team

**Key Skills and Experience Required:**

+ Advanced skills in and a passion for coaching

+ Strong communication and listening skills

+ Great team player

+ Strategic and tactical capabilities

+ Adept at building relationships at all levels

+ Ability to perform root cause analysis and recommend appropriate solutions/interventions

+ Results-driven and able to succeed in a challenging, fast paced, changing environment

+ Good understanding of FA practices and the FA environment

+ Self-management skills

+ Three or more years of experience as a management, business, or organizational consultant/coach

+ Three or more years of experience in the Financial Services Industry

+ MBA or an Advanced degree in counseling or organizational psychology preferred

+ Credential in a Coaching Certification program also preferred (i.e. a Professional Certified Coach (PCC) thru the International Coaching Federation (ICF))

Enterprise Overview:

Act as a performance consultant for Merrill Lynch Global Wealth Management assisting Financial Advisor Practices and Advisory Branch Managers and Market Leadership teams in developing and executing strategies and tactics to increase the productivity of Financial Advisors and their respective teams, and ultimately enhancing the client experience. Assist in building truly effective teams which have a tremendously positive influence on the performance of the organization, and can be a critical driver of shareholder value. In addition to field-based coaching and Director support (Coach-the-coaches), the PMC will engage in research, content development, and program execution related to organization design and best practices. Also has Management responsibility.

**Posting Date** : 04/05/2018

**Location** :

Chicago, IL, 225 W WACKER DR (IL9225),

- United States

**Travel** : Yes, 75% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.


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Practice Management Consultant

Bank of America
Chicago, IL

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Bank of America
Chicago, IL

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