Human Resources Manager - Merrill Wealth Management

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for developing Human Resources (HR) strategies that impact large, complex business units within a major Line of Business (LOB). Key responsibilities include developing and executing tactical plans at the business unit level to achieve strategic objectives and organizational effectiveness. Job expectations include driving a wide range of HR activities and supporting functions across the bank such as talent acquisition, compensation, employee relations, regulatory compliance, performance management, and employee engagement and development.

The Human Resources Manager will join the Merrill Wealth Management HR Team to partner with Senior line-of-business executives to execute HR strategies. This role may be responsible for HR projects that span across Merrill Wealth Management and serve as a key integration point across the generalist and specialist teams utilizes project management skills

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.

Responsibilities:

• Manages the strategic delivery of Enterprise and Line of Business (LOB) specific Human Resources (HR) priorities in addition to ensuring organizational effectiveness across talent acquisition, performance management, talent development and learning, succession planning, compensation, etc.

• Applies lenses of operational excellence, organizational health, and opportunity and inclusion across all HR people processes

• Partners with business leaders to ensure that programs and practices are in alignment with Enterprise culture and conduct principles, serving as a trusted advisor to leadership

• Manages and influences critical workforce activities, including but not limited to headcount reporting and analytics, financials/expenses, promotions, opportunity and inclusion, performance, talent management, and key cross-HR initiatives

• Collaborates with compensation, talent acquisition, and business partners to provide appropriate guidance on employee compensation, both at an individual level as well as in aggregate, while maintaining a focus on expense management

• Leverages reporting tool results shared by HR Consultants to inform effective and strategic decision making

• Leads and participates in LOB HR initiatives

Required Qualifications:

• 5+ years of HR experience - broad experience across all areas of HR.

• Extensive experience in client management around complex strategic HR issues such as talent management, org design/development, change management, etc. 

• Experience working directly with/consulting a business leader on HR strategy and partnering effectively with Talent, Talent Acquisition, Compensation, ER, Shared Services, and Finance

• A proven track record in developing strategy and driving change to help drive business results and execute on key initiatives

• Experience managing in a fast-paced, rapidly changing, and highly complex environment.

• Demonstrated ability as an enterprise thought leader who can proactively drive change and innovation.

• Deep technical HR competence with the ability to influence using a balance of technical HR expertise, business acumen, judgement, and relationship skills.

• Superb relationship management skills, and the ability to develop strong interpersonal alliances at all levels and connect with senior executives

• Project management experience including attention to detail

• Strong Microsoft Office skills, written/verbal presentation skills

Desired Qualifications:  

• HR Generalist Experience

• Experience leading projects

• Knowledge of Wealth Management and the regulatory environment

• Deep and broad business acumen with a strategic and risk management mindset to uncover hidden opportunities that create value through improved process and innovation

Skills:

• Adaptability

• Executive Presence

• Leadership Development

• Prioritization

• Relationship Building

• Consulting

• Decision Making

• Fiscal Responsibility

• Problem Solving

• Workforce Planning

• Business Acumen

• Influence

• Project Management

• Strategy Planning and Development

• Workforce Analytics

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - NJ - Pennington - 1500 AMERICAN BLVD - Princeton Place at Hopewell Bldg. 5 (NJ2150)

Pay and benefits information

Pay range

$115,000.00 - $160,000.00 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, access to paid time off, 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.