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Division Advisor Development Program (ADP) Executive-Northeast

Company:
Bank of America
Location:
New York City, NY
Posted:
May 08, 2024
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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. We’re 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!

Job Description:

The Division Advisor Development Program (ADP) Executive is responsible for leading and coordinating the implementation and execution of the Advisor Development Program at the Divisional level through strong connectivity and relationships with the Division Executives and Market Executives, and direct management of the ADP Market Leaders. This leader is responsible for ensuring operational excellence across the division, owning the client experience, building a client-centric culture across markets and collaborating with partners across the organization to achieve operational and performance excellence. The leader should be able to build partnerships across the organization, integrate and drive strategic management, and have experience in coaching and developing managers to deliver a client relationship-oriented culture. The team managed will be comprised of ADP Market Leaders.

This role is a fully registered position with supervisory responsibility and will comply with all rules and regulations for registered and non-registered employees when coaching performance and behaviors. Series 7, 66, 9 & 10 (or equivalent) licenses are required.

Primary Responsibilities:

Understand the overall company and Advisor Development Program strategy and translate that into local Division strategy.

Lead team ADP Market Leaders

Coach the ADP Market Leaders with additional guidance from aligned Performance Managers and provide feedback to improve market and division performance

Coach ADP Market Leaders to identify risk and service opportunities for improvement by analyzing key performance indicators and inspecting associate behaviors across all roles

Accountable to drive Division level results; maintaining close working relationships with the Division Executives, Divisional OMT, Market Executives, recruiters, Academy partners, ADP performance organization as well as the strategy and process design organizations.

Partner with the Market Executives and Performance Managers to implement the national program: hiring, local training, mentoring, team development

Coach Market Executives with underperforming programs on optimal ADP operations and execution

Partner with Division Recruiters to review pipeline, needs and gaps within markets

Has a strong understanding of the advisor development experience and the firms strategy for growth

Has the ability to leverage the broader enterprise and navigate the organization

Generates and articulates thought leadership on advisor development; communicates compelling sense of purpose and direction

Lead supervisory oversight and manage operational excellence; ensure adherence to operational, securities and supervision laws, and policies and procedures; hold leaders accountable for Advisor development and inspect processes

Implement effective performance management including goal setting, incentive, and other reward and recognition mechanisms.

When applicable, responsibilities associated with leading licensed associates may include: act as supervisor of an Office of Supervisory Jurisdiction (“OSJ”).

Required Skills:

Series 7, 66 Licensed, Supervisory Licensed: 8 (or 9 and 10 combined) or Series 4, 24, and 53

10-15 years of management experience

Experience managing large geography and multi-state teams

Proactively builds trusted relationships with key partners/clients

Ability to be a change agent and work in a fast paced environment

Experience managing region strategy and controlling a budget

Can quickly learn partner’s business, priorities and challenges and execute

Can attract, recruit and retain an effective management team

Exercises good judgment and experience to make timely and effective decisions

Projects enthusiasm, optimism, and determination

Communicates clearly and effectively at all levels

Communicates strategic business plans and tactical goals to team members

Travel required: Will vary depending on geography

Preferred Skills:

Undergraduate college degree

Experience managing other managers

Shift:1st shift (United States of America)

Hours Per Week: 40

24017634

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