Senior Vice President, Manager, Wealth Manager
BNY Mellon - Philadelphia, PA
Apply NowJob Description
Bring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the u201cbank of banksu201d - 97% of the worldu2019s top banks work with us as we lead and serve our customers into the new era of digital. With 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, weu2019re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about. As a leading wealth manager, BNY Mellon Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices u2014 Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies u2014 they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations. Weu2019re seeking a future team member for the role of Senior Vice President, Manager, Wealth Manager to join our Wealth Management team. This role is located in Philadelphia, this role, youu2019ll make an impact in the following ways: Leads a group of team members which may include Wealth and Fiduciary Managers at various levels of experience. Managing all investment, administrative, compliance and regulatory aspects of BNYMu2019s wealth management business, including managing revenues and expenses. Ensuring that all policies, procedures and tasks are performed in accordance with BNYMu2019s internal and regulatory requirements. Ensuring that all of BNYM WMu2019s Active Wealth practices are delivered to our clients. Takes ownership as a leader for hiring, training and developing all team members, which includes regular and frequent coaching, mentoring, performance and development-related meetings. Serve as a Wealth Manager for a small and select group of large and typically complex client relationships. Work closely with other senior leaders and will be responsible for ensuring implementation of Wealth Management investment strategies for their respective region. Independently evaluates and pursues new business opportunities and client prospects, focusing on responsible business growth that is compliant, of acceptable risk and profitable. Serves in a consultative role to prospects, advising UHNW and HNW parties on the best way to achieve their short- and long- term strategic objectives through the firm's solutions. Pursues clients and centers of influence with complex strategic needs and responsible for generating new revenue by way of increased flows and future fees. Frequent and regular/scheduled interaction with clients, including in-person client meetings. Serves as the clientsu2019 primary point of contact and responsible for ensuring that all of WMu2019s resources are provided to clients in the Active Wealth vestment / Wealth management Subject matter expert on all investment, portfolio, advice and planning topics which impact clients. Able to articulate WMu2019s economic as well as market outlook and best investment thinking. Must have in-depth knowledge of WMu2019s investment policy, investment architecture, strategy, and solutions. Must also remain well-versed and up to date on all Active Wealth topics and how they are best implemented in client portfolios. Responsible for managing client portfolios in accordance with WMu2019s best thinking. Building on a proven track record of developing a business, and coaching and empowering team members to succeed, the individual will demonstrate a business-development orientation and mindset. Annual self-sourced asset goals and are expected to leverage existing client and COI relationships by consistently and systematically asking for referrals from clients and COIs, in order to generate self-sourced asset inflows, both IM and banking. Will work with teams on opportunities sourced by other functional team members. Demonstrate a consistent track record of adherence and success at managing all risk and compliance matters. Ensure all team members adhere to all policies, procedures and regulations. Timely completion of all team assigned compliance tasks is required. Continuous learning is expected. Serves as a role-model, and mentor, (and is accountable for) training less-experienced team members. Is responsible for attracting and recruiting top talent as well as coaching and developing high potential talent. Oversees a team of Wealth Managers; work is primarily accomplished through the management of individual contributors. Teams may be geographically dispersed with multiple reporting lines, adding to complexity of oversight. Responsible for achievement of team goals. Ensures team is equipped to operationalize and attain team objectives. May manage financial resources of the team (budgets, expenses, etc.). In some regions, may serve as the primary interface for jurisdictional/ regulatory matters and may have entity governance responsibilities.To be successful in this role, weu2019re seeking the following: Bacheloru2019s degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred. 15+ years of total work experience preferred with 3-5 years of management experience preferred. Financial Services experience required as is prior experience in Wealth Management. Strong analytical and problem solving skills, experience working in a highly detail oriented environment, strong proficiency with Microsoft Office, proven verbal and written communication skills are also preferred.At BNY Mellon, our inclusive culture speaks for itself. Hereu2019s a few of our awards: Fortune Worldu2019s Most Admired Companies & Top 20 for Diversity and Inclusion Bloombergu2019s Gender Equality Index (GEI) Human Rights Campaign Foundation, 100% score Corporate Equality Index Best Places to Work for Disability Inclusion, Disability: IN u2013 100% score 100 Best Workplaces for Innovators, Fast Company CDPu2019s Climate Change u2018A Listu2019Our Benefits: BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your lifeu2019s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.Our ambition is to build the best global team u2013 one that is representative and inclusive of the diverse talent, clients and communities we work with and serve u2013 and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.', 'id_locale': '54074-en
Created: 2024-09-07