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Bank of America Employer Advice Retirement Product Associate in Boston, Massachusetts

Employer Advice Retirement Product Associate

Pennington, New Jersey;Jacksonville, Florida; Lone Tree, Colorado; Jersey City, New Jersey; Boston, Massachusetts; Charlotte, North Carolina

Job Description:

Business Overview:

Retirement & Personal Wealth Solutions (RPWS) serves the core needs of plan sponsors and plan participants by providing best in class, integrated products in the most intuitive, efficient and client friendly way while maintaining a forward-thinking mindset and risk management focus. RPWS is responsible for the institutional retirement capability set to include 401(k), Equity and Health Benefit plans for companies of all sizes. RPWS also provides tools and content that enables advisors and bankers to help their clients live their best financial lives.

Job Description:

Fiduciary Advisory Services (FAS) and Defined Contribution Investment Consulting (DCIC) Programs across RPWS serve Defined Contribution [i.e., 401(k) plan] clients. Services across advisory programs 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, manger searches and recommendations, and investment performance reporting.

Primary responsibilities:

  • Responds to financial 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

  • Executes on business processes, including conducting and documenting peer reviews

Required Skills:

  • Excellent project and time management skills

  • Advanced proficiency 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 Office staff a plus

Enterprise Role Description:

Responsibilities include monitoring performance of Retirement product, working with more senior Product Managers in developing product plans, strategies and enhancements, and performing data collection and coordination activities.

Job Band:

H5

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Business Overview:

Retirement & Personal Wealth Solutions (RPWS) serves the core needs of plan sponsors and plan participants by providing best in class, integrated products in the most intuitive, efficient and client friendly way while maintaining a forward-thinking mindset and risk management focus. RPWS is responsible for the institutional retirement capability set to include 401(k), Equity and Health Benefit plans for companies of all sizes. RPWS also provides tools and content that enables advisors and bankers to help their clients live their best financial lives.

Job Description:

Fiduciary Advisory Services (FAS) and Defined Contribution Investment Consulting (DCIC) Programs across RPWS serve Defined Contribution [i.e., 401(k) plan] clients. Services across advisory programs 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, manger searches and recommendations, and investment performance reporting.

Primary responsibilities:

  • Responds to financial 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

  • Executes on business processes, including conducting and documenting peer reviews

Required Skills:

  • Excellent project and time management skills

  • Advanced proficiency 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 Office staff a plus

Enterprise Role Description:

Responsibilities include monitoring performance of Retirement product, working with more senior Product Managers in developing product plans, strategies and enhancements, and performing data collection and coordination activities.

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-22066513

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Mike Masterson [C]

Referral Bonus:

0

Colorado pay and benefits information

Colorado pay range:

$55,000 - $95,000 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.

Jersey City pay and benefits information

Jersey City pay range:

$55,000 - $95,000

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 America’s Drug-free workplace and alcohol policy, CLICK HERE .

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