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Jobs >> Jobs Articles >> Featured Employers >> Jobs With Merrill Lynch, Bank of America


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Jobs With Merrill Lynch, Bank of America

 Dated: 02-21-2012

Introduction: Merrill Lynch is a world leader in wealth management, global markets and investment banking, and asset management. Merrill Lynch was acquired in 2009 by the Bank of America and continues to function as the "wealth management" division of the Bank of America. The entire 34 stories of the Four World Financial Center in Manhattan are occupied by the headquarters of Merrill Lynch.

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Merrill Lynch manages over $2.2 trillion client assets and is the world’s largest brokerage.

Company History: Prior to 2009, the company was known as Merrill Lynch & Co., Inc. It traded in New York Stock Exchange with the ticker symbol MER. In 2008, the recession years, Merrill Lynch faced tremendous hardship and decided to sale of its business to the Bank of America and merged with its principal.

The company was founded by Charles E. Merrill on January 6, 1914. Within a few months Edmund C. Lynch, a personal friend of Charles E. Merrill joined the company. In 1940, following Lynch’s death, the company merged Cassatt & Co., of Philadelphia and was briefly known as “Merrill Lynch, E. A. Pierce, and Cassatt.”

The company followed the policy of a series of mergers with other financial companies including Fenner & Beane, C.J Devine & Co., and White Weld & Co., among others, and finally it merged itself with Bank of America and surrendered its separate business identity.

As part of Bank of America’s asset management and wealth management division Merrill Lynch continues to promote and propagate the best corporate culture in international finance firms.

Usual Openings: Bank of America Merrill Lynch has divisions in Asia, Europe, South America, and United States. With more than 15, 000 financial advisors on pay, Bank of America Merrill Lynch is one of the world’s largest employers for finance professionals.

Lines of work in Merrill Lynch include:

  • Securities Trading
  • Financial Advisory Services
  • Investment Banking Services
  • Asset and Investment Management
  • Banking Services
Merrill Lynch, as a workspace has a wealth of knowledge and experience that is hard to match. Career opportunities exist both across separate divisions of financial work, as well as separate regions of the globe.

As remarked by Natalie McNulty, Merrill Lynch Financial Advisor: “Merrill Lynch is this fantastic umbrella that provides all the resources you need, but at the end of the day, you’re building your own business.”

Current Openings: Merrill Lynch is continually on the lookout for entrepreneurial financial advisors. New jobs at Merrill Lynch worldwide are now accessed through the careers page at the Bank of America website.

The new venture of Merrill Edge created for low value investment is at present the leading job creator under the Merrill Lynch umbrella.

Some typical position for financial advisors at Merrill Lynch include, Financial Advisor Trainee, Financial Advisor – Practice Management Development, Investment Banker.

The largest number of regular openings around the world and in U.S. in Merrill Lynch is that of Financial Advisor Trainee.

Some of the jobs with Merrill Lynch currently available on Hound:

Job Title
Sr Customer Service Specialist-Model Escalation Center of Excellence US-FL-Tampa
Regional Head of Counterparty Credit Risk Analytics US-NY-New York
Small Business Banker US-CT-Southbury
Sr Customer Service Specialist-Model Escalation Center of Excellence US-FL-Tampa
Small Business Banker - Based out of South Bend Banking Center US-IN-South Bend
Core Risk Technology Developer US-NY-New York
Customer Sales Specialist II/Consumer Card US-AZ-Phoenix
Arkansas-Teller-Part-time-20 Hours-Bentonville Banking Center US-AR-Bentonville
MLO-Sales Manager US-CA-Glendora
Fulfillment Team Leader (Premium) US-CT-Farmington

Check out many more such jobs and apply to them right away.

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