Business Manager

About the role

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services. The Business Manager role is a key contributor to a Financial Advisor team in creating strategy and ensuring execution related to multiple metrics and priorities across the team’s business plan and goal deliverables.

Responsibilities

• Create and manage team routines (e.g. regular team meetings, communications, team calendars)
• Conduct team meetings to drive business plan execution
• Establish an agreed upon team scorecard and revisit regularly to ensure accountability
• Create scale and capacity through operational efficiencies and available technology
• Cookordination and help prioritize work assignments across team to ensure completion
• Oversee execution of client service strategy and client review processes
• Track team performance against goals and prior year performance, including identifying key opportunities and success on key programs
• Create budget and manage expenses regularly, including Business Development Account(BDA)
• Assist with the sourcing, assessing, and onboarding of new talent, and the off boarding of transitioning talent

Requirements

• Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support
• SAFE Act Registration; ADV-2B Required
• Obtain and/or maintain at least one firm approved designation
• Strong leadership abilities, communication, and delegation skills
• Understanding of how to deliver a strong overall client experience
• Thorough knowledge and understanding of the suite of Wealth Management products and services
• Proven ability to manage risk and make sound decisions by having a deep understanding of industry regulations, supervisory requirements, and policies/procedures
• Strong analytical skills with ability to identify trends, root cause and effects and implement improved processes to increase growth and mitigate risk
• Ability to influence and demonstrate strong and effective leadership through clear communication and collaboration with other partners to make sound decisions with courage and conviction; demonstrated ability to influence to the desired outcome, without direct authority

Qualifications

• HIGH SCHOOL DIPLOMA / GED / SECONDARY SCHOOL OR EQUIVALENT

Skills

• Highly organized and operationally strong
• Skilled at relationship building and trust
• Strong communication both verbal and written
• Experience leading teams and driving accountability in a professional service environment
• Experience with compensation planning, staff reviews, and team development
• Experience in wealth management, financial services, or another relationship-driven advisory business
• Familiarity with AI tools
• Administrative Services
• Customer Experience Improvement
• Project Management
• Sales Performance Management
• Strategy Planning and Development
• Business Acumen
• Business Analytics
• Candidate Screening
• Coaching
• Continuous Improvement
• Account Management
• Process Simplification
• Reporting

Pay

Not specified

Schedule

1st shift (United States of America)

Hours Per Week: 40