Fiduciary Advisory Services Product Manager
Pennington, New Jersey;Charlotte, North Carolina; Lone Tree, Colorado
**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. Were 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!
Retirement & Personal Wealth Solutions (RPWS) serves the core financial needs of individual clients and plan participants by connecting our capabilities across the firm. RPWS is responsible for the development and execution of a comprehensive set of personal wealth and retirement products and services through Banking, Merrill Edge and Advisory channels. RPWS provides tools and content that enables financial advisors and bankers to help their clients live better financial lives.
Job Description:
The Fiduciary Advisory Services (FAS) Program serves Defined Contribution [i.e., 401(k) plan] clients. Services across the program include plan menu design, Investment Policy Statement (IPS) creation, due diligence and recommendations, and investment performance reporting. The Institutional Investment Consulting (IIC) Program serves charitable organizations, pension, welfare benefit and profit sharing plans, corporations, high net worth individuals, trusts, and estates with $20M or more in Portfolio assets. Services across IIC include asset allocation recommendations, investment policy statement creation, manager searches and recommendations, and investment performance reporting.
The **_Fiduciary Advisory Services Product Manager_** will be responsible for supporting management of the business:
+ Responds to nancial advisor and internal stakeholder queries for the advisory programs including but not limited to program guideline exceptions, rollout of new initiatives, platform escalations, investments
+ Supports implementation of initiatives to streamline and de-risk across advisory programs
+ Executes communication plan for rollout of new product initiatives
+ Develops and maintains reporting, metrics, analytics
+ Prepares presentations for senior management to evaluate trends for the business
+ Develops and maintains marketing materials
+ Manages data lists and develops processes to ensure accuracy of data across the business
+ Executes on program guideline escalations including maintaining client and advisor lists, sending required communications, mailing client letters
**_Required Skills:_**
+ Excellent project and time management skills
+ Advanced prociency in MS excel; must have experience working with large data sets
+ Ability to execute detail oriented tasks in a fast paced environment with a high attention to detail
+ Excellent written and oral communication skills
+ Ability to work independently and work with multiple stakeholders as part of a team
+ Experience in a product management role a plus
+ Experience working with Financial Advisors and Branch Oce sta a plus
**Job Band:**
H5
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
**Weekly Schedule:**
**Referral Bonus Amount:**
0
**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. Were 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!
Retirement & Personal Wealth Solutions (RPWS) serves the core financial needs of individual clients and plan participants by connecting our capabilities across the firm. RPWS is responsible for the development and execution of a comprehensive set of personal wealth and retirement products and services through Banking, Merrill Edge and Advisory channels. RPWS provides tools and content that enables financial advisors and bankers to help their clients live better financial lives.
Job Description:
The Fiduciary Advisory Services (FAS) Program serves Defined Contribution [i.e., 401(k) plan] clients. Services across the program include plan menu design, Investment Policy Statement (IPS) creation, due diligence and recommendations, and investment performance reporting. The Institutional Investment Consulting (IIC) Program serves charitable organizations, pension, welfare benefit and profit sharing plans, corporations, high net worth individuals, trusts, and estates with $20M or more in Portfolio assets. Services across IIC include asset allocation recommendations, investment policy statement creation, manager searches and recommendations, and investment performance reporting.
The **_Fiduciary Advisory Services Product Manager_** will be responsible for supporting management of the business:
+ Responds to nancial advisor and internal stakeholder queries for the advisory programs including but not limited to program guideline exceptions, rollout of new initiatives, platform escalations, investments
+ Supports implementation of initiatives to streamline and de-risk across advisory programs
+ Executes communication plan for rollout of new product initiatives
+ Develops and maintains reporting, metrics, analytics
+ Prepares presentations for senior management to evaluate trends for the business
+ Develops and maintains marketing materials
+ Manages data lists and develops processes to ensure accuracy of data across the business
+ Executes on program guideline escalations including maintaining client and advisor lists, sending required communications, mailing client letters
**_Required Skills:_**
+ Excellent project and time management skills
+ Advanced prociency in MS excel; must have experience working with large data sets
+ Ability to execute detail oriented tasks in a fast paced environment with a high attention to detail
+ Excellent written and oral communication skills
+ Ability to work independently and work with multiple stakeholders as part of a team
+ Experience in a product management role a plus
+ Experience working with Financial Advisors and Branch Oce sta a plus
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
Learn more about this role
Full time
JR-23005539
Band: H5
Manages People: No
Travel: No
Manager:
Talent Acquisition Contact:
Jennifer Potter
Referral Bonus:
0
Colorado pay and benefits information
**Colorado pay range:**
$78,000 - $96,200
annualized salary, offers to be determined based on experience, education and skill set.
**Discretionary incentive eligible**
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
**Benefits**
This role is currently benefits eligible . We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .
