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Human Resources Consultant - Merrill Wealth Management
Human Resources Consultant - Merrill Wealth ManagementBank of America • Pennington, NJ, US
Human Resources Consultant - Merrill Wealth Management

Human Resources Consultant - Merrill Wealth Management

Bank of America • Pennington, NJ, US
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About the Role

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 providing input into the development of 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 may 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 HR Consultant will support Merrill Wealth Management . The individual in this role will partner with the HR Generalists to support, lead and serve as a resource on key initiatives. The HR Consultant must be a demonstrated self-starter with an excellent track record of success in his / her current environment. The HR Consultant must also be a strong, decisive, results-oriented professional who can develop and manage relationships across the business with a wide variety of partners based on trust, teamwork and knowledge.

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

  • Supports the strategic delivery of Enterprise and line of business 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
  • Supports 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 in partnership with HR Managers 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 systems and reporting tools (i.e., Workday and Tableau) to inform effective and strategic decision making for HR Managers
  • Support projects & initiatives

Required Qualifications

  • Reporting and data analytics experience
  • Strong analytical skills – demonstrated experience gathering, organizing, analyzing and presenting large amounts of data
  • Outstanding communication (verbal & written) and presentation skills assimilating data into a results-based story
  • Strong attention to detail and quality control
  • Project management experience
  • Complex problem resolution skills
  • Intellectual curiosity; always questioning how to take work to the next level
  • Able to anticipate the needs of HR generalists
  • Excellent interpersonal skills and integrity
  • A strong team-player work ethic with the ability to engage with all levels of the organization
  • Ability to handle confidential and proprietary information with discretion and balance risk and reward with a strong focus on compliance
  • Proficient in Microsoft Office suite of products, with emphasis on strong Excel (familiar with lookup's, pivots, conditional formulas) and PowerPoint skills
  • Desired Qualifications

  • 3+ years of HR experience in a variety of HR disciplines preferred
  • Proficiency with HR systems i.e. Workday, Tableau
  • Skills

  • Adaptability
  • Attention to Detail
  • Data Visualization
  • Prioritization
  • Reporting
  • Collaboration
  • Data Collection and Entry
  • Data and Trend Analysis
  • Policies, Procedures, and Guidelines Management
  • Relationship Building
  • Analytical Thinking
  • Continuous Improvement
  • Data Mining
  • Executive Presence
  • Written Communications
  • Shift : 1st shift (United States of America)

    Hours Per Week : 40

    Pay Transparency Details

    US - NJ - Pennington - 1500 American Blvd - Hopewell Bldg 5 (NJ2150) Pay and benefits information Pay range $85,000.00 - $110,000.00 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.

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    Wealth Management Consultant • Pennington, NJ, US

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