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Market Financial Center Manager

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. 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:

This job is responsible for supporting a cluster of financial centers in designated markets in the absence of the assigned financial center manager and as a market-level resource. Key responsibilities include managing as a business owner, fostering a team environment, and instilling an effective client-centric and risk culture. Job expectations include driving operational excellence, ensuring that all aspects of the financial center run effectively and cohesively.

Responsibilities:

• Operates as a back up financial center leader within a market

• Manages client traffic, engaging and appropriately routing clients, and fostering client retention

• Manages business results through formalized management routines and coaching

• Creates a world class client experience environment

• Manages market-level initiative prescribed by market leaders

• Drives operational excellence

Required Qualifications:

• 1+ years leadership experience demonstrated through one or a combination of the following: coaching, training, or motivating a diverse work team

• Demonstrated ability to influence and collaborate with others outside of reporting authority to achieve shared goals

• Proven customer service skills and the ability to resolve problems independently or escalate as needed to promote customer satisfaction

• Strong financial and business acumen including experience in leading managers and interpreting financial reports to drive profitability

• Proven record of balancing risk and making sound decisions while achieving business goals

• Strong interpersonal skills, including the ability to easily engage others in dialogue, convey sincere interest in building/deepening relationships, and demonstrate a commitment to providing personalized service

• Strong organizational skills including the ability to manage multiple responsibilities, prioritize and delegate while delivering results

• Strong communication skills (including verbal, non-verbal, written and presentation) and active listening skills

• Proficiency in computer skills and professional programs (for example, Microsoft Office)

• Ability to pass pre-employment assessments and compliance requirements

• Availability to work weekends and/or extended hours as required to run the business

• Must be able to travel to any financial center within the defined market

Desired Qualifications:

• 1+ years management experience including hiring, coaching, and developing direct reports

• Experience in the following industries: Consumer banking/financial services, mortgage, retail or hospitality

• Undergraduate degree

• Bilingual (fluent verbal and written)

Skills:

• Customer Service Management

• Performance Management

• Coaching

• Customer and Client Focus

• Talent Development

• Risk Management

• Sales Performance Management

• Business Operations Management

• Recruiting

• Result Orientation

• Referral Management

• Leadership Development

• Inclusive Leadership

• Prioritization

• Problem Solving

Minimum Education Requirement:

• High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40
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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Market Financial Center Manager, Bank of America

If you’re looking for an exciting career opportunity in Grand Prairie, Texas, consider becoming a Market Financial Center Manager with Bank of America! In this dynamic role, you will be at the heart of our commitment to building a better financial future for our clients and communities. As the Market Financial Center Manager, you'll support a cluster of financial centers, stepping in as a resource in the absence of the assigned manager. Your role will involve managing client interactions and enhancing customer retention while ensuring operational excellence within the financial center. You will foster a client-centric culture among your team, leading by example and cultivating strong relationships with clients. We're looking for someone with at least a year of leadership experience, a knack for influencing others, and a solid grasp of business acumen. At Bank of America, we believe in investing in our teammates—offering competitive benefits that support your well-being both professionally and personally. As you take on this role, you'll have ample opportunities for growth, learning, and making a meaningful impact in people's financial lives. We value diversity and inclusion, striving to create a welcoming environment for all. So, if you’re passionate about delivering a world-class client experience and want to be part of a collaborative and flexible workplace, apply now to start an inspiring career as a Market Financial Center Manager at Bank of America!

Frequently Asked Questions (FAQs) for Market Financial Center Manager Role at Bank of America
What are the responsibilities of a Market Financial Center Manager at Bank of America?

The Market Financial Center Manager at Bank of America plays a critical role by supporting financial centers, managing client traffic, and enhancing customer retention. They ensure operational excellence and foster a client-centric culture while overseeing market-level initiatives. This position requires strong leadership and collaboration skills, focusing on creating a world-class client experience every day.

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What qualifications do I need to become a Market Financial Center Manager at Bank of America?

To qualify for the Market Financial Center Manager position at Bank of America, candidates should have at least 1 year of leadership experience, preferably in financing or customer-oriented industries. Strong financial acumen, excellent communication skills, and a track record of balancing risk while achieving business goals are crucial. A high school diploma or equivalent is required, while an undergraduate degree and bilingual abilities are desirable.

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How does Bank of America support career growth for Market Financial Center Managers?

At Bank of America, career growth is a priority. They promote a culture of learning and development, allowing Market Financial Center Managers to take advantage of mentorship programs, ongoing training, and leadership development. The company's commitment to their employees is evident in their investment in competitive benefits and opportunities for advancement.

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What skills are necessary for success as a Market Financial Center Manager at Bank of America?

Success as a Market Financial Center Manager at Bank of America hinges on a variety of skills including customer service management, performance coaching, strong organizational abilities, and risk management. Candidates should also excel in interpersonal relationships and possess proficiency in communication, both verbal and written. A well-rounded skill set is essential to managing multiple responsibilities efficiently.

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Is previous banking experience required for the Market Financial Center Manager role at Bank of America?

While previous banking experience is not strictly required for the Market Financial Center Manager position, having a background in consumer banking, financial services, or related fields can be highly advantageous. Experience in leadership roles and customer service can greatly contribute to a candidate's success in this dynamic position.

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Common Interview Questions for Market Financial Center Manager
How do you handle client complaints as a Market Financial Center Manager?

When addressing client complaints, it's essential to listen actively and empathize with their concerns. Clearly communicate the steps you'll take to resolve the issue and follow through until it's resolved. Demonstrating genuine interest in client satisfaction is key to fostering loyalty and trust.

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Can you discuss a time you successfully led a diverse team?

In discussing your experience, focus on specific strategies you used to foster collaboration and respect among team members from diverse backgrounds. Highlight your ability to create an inclusive environment that empowers everyone to contribute to business goals.

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What strategies would you implement to improve client retention?

To improve client retention, I’d emphasize personalized service and active communication. Listening to client needs, providing tailored solutions, and implementing feedback mechanisms are vital strategies to ensure clients feel valued and understood.

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How do you ensure compliance with financial regulations?

Maintaining compliance begins with continuous education on relevant regulations and policies. I’d implement regular training sessions for the team and ensure that everyone understands their responsibilities to adhere to compliance protocols.

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Describe your approach to managing operational excellence at a financial center.

My approach to operational excellence involves regular process evaluations, staff training, and client feedback incorporation. By fostering a culture of accountability and continuous improvement, we can enhance efficiency and deliver top-notch service.

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What role does communication play in your management style?

Communication is fundamental in my management style. I believe in transparency and open dialogue, which encourages team members to share ideas and concerns. Effective communication builds trust and enhances team cohesion.

Join Rise to see the full answer
How would you manage competing priorities in this role?

Prioritization is key in this role. I would evaluate tasks based on urgency and impact, delegate when appropriate, and maintain a flexible mindset to adjust priorities as needed. Regular check-ins with the team are essential to keep everyone aligned.

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What would you do if you noticed a decline in team performance?

If team performance declines, I would conduct a thorough assessment to identify underlying issues. Engaging in one-on-one conversations, offering additional training or support, and encouraging collaboration can help boost morale and performance.

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Can you provide an example of how you improved a business process?

In a previous role, I implemented a feedback system that tracked client interactions and outcomes. This allowed us to refine our approach, leading to improved client satisfaction and enhanced operational efficiency. Sharing such examples can demonstrate your proactive nature.

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Why do you want to work as a Market Financial Center Manager at Bank of America?

Express your admiration for Bank of America's commitment to diversity, community service, and employee growth. Highlight your alignment with their values and your passion for helping others achieve financial success, which makes you an ideal candidate for this position.

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Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk ma...

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Full-time, on-site
DATE POSTED
April 2, 2025

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