Talent Acquisition Consultant II - Merrill Lynch Wealth Management

Job Description:

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.

Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.

Merrill 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 Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective.

Job Description:
This job is responsible for managing the end-to-end hiring process which includes understanding business needs, developing and executing a sourcing strategy, screening/interviewing candidates, managing critical work within a specific Line of Business (LOB), and offering extensions. Key responsibilities include partnering with senior leaders within the business and across Human Resources (HR) to achieve hiring objectives for assigned business units. Job expectations include driving strategic talent initiatives, leveraging data to inform hiring decisions, and mentoring junior team members to enhance overall recruiting effectiveness.

The Talent Acquisition Consultant II position will sit in the Global Human Resources (GHR) organization within Global Talent Acquisition (GTA).  It will provide strategic talent acquisition support to Merrill Lynch Wealth Management for experienced advisors.

 

The Merrill Lynch Wealth Management Talent Acquisition team is responsible for hiring highly qualified external financial advisors that will be located in Merrill offices throughout the country. This role will support creating an inclusive, best in class advisor population. 

• The ideal candidate will have a proven track record in cold calling and appointment setting, with a preference for those with experience in the financial industry.

• Strong, seasoned recruiter to provide recruiting support for Market Executives which includes developing lead lists, cold calling, partnering with the internal deal team, to monitoring the offer extension and onboarding. 

• Responsible assessing technical and leadership capabilities, consulting with leaders and business partners on process and strategy.  

• Partner with senior leaders within the organization as well as multiple business partners across HR and finance on various hiring processes and strategies.

Responsibilities:

• Manage candidate and executive management relationships at the professional level.

• Ability to handle rejections and overcome objections professionally.

• Provide consultative search recruiting services; including sourcing, prospect outreach, warm handoffs to local management; managing the overall end-to-end sourcing process.

• Continuous networking and pipelining to identify a targeted external talent slate.

• Ability to understand the Wealth Management industry to effectively identify and recruit experienced talent with relevant high caliber expertise.

• Effectively manage all compliance and operational risk.

• Conducts intake sessions with hiring managers to understand the business needs and manages requisition workbench within the applicant tracking system

• Oversees the process for creating a pipelines of candidates for critical skills areas by developing and executing a sourcing strategy, cold calling, and candidate assessment through in-depth phone screens/interviews to identify, attract, and recruit quality talent

• Manages the relationship with senior Human Resources (HR) leaders, which includes coordinating regular routines and reporting on open positions, new hires, and business specific initiatives

• Facilitates creating a more inclusive workplace by ensuring that the hiring process leverages a pool of candidates with varied backgrounds and experiences

• Ensures compliance with all legal aspects of recruiting and candidate selection including applicable federal and state recruitment regulations including The Office of Federal Contract Compliance Programs and Equal Employment Opportunity Commission

Required Qualifications:

• Must have significant experience in professional level recruiting, managing end to end sourcing and recruiting processes for niche, experienced advisor programs or similar roles.  

• Experience developing and executing candidate sourcing strategies, cold calling, and candidate assessment through in-depth phone screens/interviews, consulting senior leaders on talent acquisition strategy, and working closely with the LOB on offer extensions. 

• Experience recruiting for complex, hard to find niche skill sets within the financial services or wealth management industry.

• Must have an ability and desire to stay abreast of market conditions and provide business partners with market intel and research.

• Proven track record of directly sourcing talent with specific subject matter expertise required in competitive markets.

• Must be a team player and have the ability to be flexible and adaptable to rapid changes in processes and requisition volumes.

• Reliable and self-motivated with a strong work ethic.

 

Desired Qualifications:

• Intermediate level Excel and PowerPoint skills.

• Reporting and analytics capabilities.

• Experience hiring for FINRA registered advisor roles.

• Previous experience in the financial industry is a significant plus.

Skills:

• Active Listening

• Attention to Detail

• Critical Thinking

• Executive Presence

• Presentation Skills

• Decision Making

• Recruiting

• Relationship Building

• Reporting

• Written Communications

• Advisory

• Business Analytics

• Business Case Analysis

• Fiscal Responsibility

• Workforce Planning

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - IL - Chicago - 540 W Madison St - Bank Of America Plaza (IL4540), US - NJ - Pennington - 1500 American Blvd - Hopewell Bldg 5 (NJ2150)

Pay and benefits information

Pay range$110,000.00 - $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.