Portfolio Manager III

2 months ago

Houston, United States Bank of America Full time
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 Summary:

Works with complex High Net Worth Investors to create customized investment strategies. Responsible for understanding strategic investment objectives, spending policy needs and unique client/prospect goals to provide guidance and develop, implement and manage investments. Portfolio Managers (PMs) can manage customized client portfolios on a fully discretionary basis and where applicable provides advisory services and single mandate strategies.

Manages individual securities (stocks, bonds, REITs, MLPs, etc.), SMAs, alternative investments, and Specialty Assets (i.e. Timber, Farm, Oil and Gas), in addition to monitoring the portfolios and rebalancing to ensure alignment of asset allocation with client's investment objectives and risk tolerances. Usually manages the firm's the most complex and sophisticated relationships.

Job Description:

The Portfolio Manager is the investment quarterback of the client relationship and is responsible for evaluating, designing and overseeing all aspects of the portfolio construction including manager selection.
  • Oversee completion of investment policy statement.
  • Act as a technical/industry expert in managing complex individual and family client relationships for clients who desire a sophisticated investment program, including, manager selection, type of vehicle, including traditional, alternative, and derivative solutions.
  • Support PC teams in effectively communicating to prospects our business culture, investment philosophy and range of investment and non-investment solutions that are relevant to the prospect and or existing clients.
  • Develop and recommend strategies to achieve the investment goals of clients.
  • Meet with clients to review investment performance and forecast market changes based on economic and industry analysis, including objectives and asset allocation models, ensuring current allocations are appropriate.
  • Conduct all aspects involved with managing portfolios, including executing all trades, maintaining investment action plans, monitoring and addressing overdrafts, conducting Reg. 9 investment reviews, and documenting account activities and client interaction.
  • Support revenue growth of the market by meeting individual investment management, credit and deposit goals.
  • May be responsible for developing and marketing specialized asset allocation products and services.
  • Supervising, mentoring and coaching more junior staff.
Required Qualifications:
  • A minimum of 10-15 years of investment decision making and financial consulting experience working with high net worth clients and ultra-high net worth clients.
  • This individual will have held positions of increasing responsibility with an established and prestigious financial services firm, most likely in a wealth management, private banking and/or trust field.
  • Knowledge of fiduciary and financial products and services required through extensive related work experience.
  • Broad-based technical knowledge of investments, tax, legal and operations necessary to service clients.
  • Knowledge of fiduciary standards, principles and applicable laws and regulations usually acquired through training, seminars or law school.
  • Skills and experience in negotiating, delegating, leadership, superior client service and relationship management skills required.
Desired Qualifications:
  • Undergraduate degree in Finance, Accounting, Economics or equivalent financial services/business experience preferred as well as hold appropriate credentials such as CPA, CFP and or CFA designation.
  • A graduate degree such as MBA or JD preferred
  • The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience
Skills:
  • Advisory
  • Client Investments Management
  • Customer and Client Focus
  • Investment Management
  • Presentation Skills
  • Active Listening
  • Analytical Thinking
  • Attention to Detail
  • Client Experience Branding
  • Valuation Ethics and Practice Standards
  • Collaboration
  • Critical Thinking
  • Data Quality Management
  • Trading
  • Written Communications


Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Portfolio Manager III

    3 months ago

    Houston, United States Linscomb Wealth Full time

    Position Title:Portfolio Manager IIIReports To:Chief Investment OfficerFLSA Status: ExemptDepartment:InvestmentsSummary The Portfolio Manager III for Linscomb Wealth collaborates with the Investment Team, Trading Team, and our Wealth Advisor Team to manage client investment portfolios. Principle duties include maintaining investment models, rebalancing...

  • Portfolio Manager III

    6 days ago

    Houston, United States Linscomb Wealth Full time

    Position Title:Portfolio Manager IIIReports To:Chief Investment OfficerFLSA Status: ExemptDepartment:Investments Location:Houston, TX OR Atlanta, GASummary The Portfolio Manager III for Linscomb Wealth collaborates with the Investment Team, Trading Team, and our Wealth Advisor Team to manage client investment portfolios. Principle duties include maintaining...

  • Portfolio Manager III

    5 days ago

    Houston, Texas, United States Linscomb Wealth Full time

    About the RoleLinscomb Wealth is seeking a highly skilled Portfolio Manager III to join our Investment Team. As a key member of our team, you will be responsible for managing client investment portfolios, collaborating with the Trading Team and Wealth Advisor Team, and participating in the firm's Investment Committee.Key Responsibilities:Investment Portfolio...

  • Investment Portfolio Manager

    2 days ago

    Houston, Texas, United States BOK Financial Full time

    About the Role:The Investment Manager III is a key position within our organization, responsible for managing complex investment portfolios for fiduciary accounts and investment agency relationships. This role requires a high level of expertise in investment management, as well as strong communication and relationship-building skills.Key...

  • Portfolio Manager III

    4 weeks ago

    Houston, United States The Ladders Full time

    The principal functions of the Portfolio Manager are to (1) continuously monitor and assess the credit profiles of the customers in her/his assigned portfolio; (2) help retain customer relationships by providing exceptional service; (3) assist with routine issues such as overdrafts, wires, new account openings, etc.; (4) ensure that renewals, extensions and...

  • Portfolio Management Associate

    2 days ago

    Houston, Texas, United States CBRE Full time

    About the RoleWe are seeking a highly skilled Portfolio Management Associate to join our team at CBRE. As a key member of our team, you will be responsible for providing general support functions for Portfolio Managers in the servicing of multiple portfolios of commercial real estate loans.Key ResponsibilitiesConduct research and financial analysis of...

  • Senior Portfolio Manager

    10 hours ago

    Houston, United States Fifth Third Bank, N.A. Full time

    Fifth Third Bank, N.A. Senior Portfolio Manager - Houston, Texas We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: The Portfolio Manager is a key member of the "coverage team", managing transactions and business portfolio tasks. PMs are expected to be...

  • Executive Portfolio Manager

    4 days ago

    Houston, Texas, United States Lillibridge Full time

    Executive Portfolio ManagerThe Executive Portfolio Manager is responsible for the day-to-day management of a portfolio of on and off campus medical office buildings.This position reports to a Regional Director and is considered the point person in their respective market, responsible for understanding the overall market and sub-market conditions and how they...

  • Senior Portfolio Manager

    2 months ago

    Houston, United States Airswift Full time

    Technology and Innovation (T&I) Portfolio LeadSchedule: 40 hours/week, requires 3 days in the office/weekDuration: Expected to be between 6-9 months from start dateLocation: Houston, TXBenefits: Medical, Dental, Vision, Life Insurance, Long-term Disability, 401KOverviewAre you ready to spearhead innovation in the energy sector? We are in search of a dynamic...

  • Senior Portfolio Manager

    2 months ago

    Houston, United States Airswift Full time

    Technology and Innovation (T&I) Portfolio LeadSchedule: 40 hours/week, requires 3 days in the office/weekDuration: Expected to be between 6-9 months from start dateLocation: Houston, TXBenefits: Medical, Dental, Vision, Life Insurance, Long-term Disability, 401KOverviewAre you ready to spearhead innovation in the energy sector? We are in search of a dynamic...

  • Assistant Portfolio Manager

    4 weeks ago

    Houston, United States Invitation Homes Full time

    Who We Are Invitation Homes is a team of more than 1,400 associates who come from all walks of life. We call different communities "home." But our shared values bind us together. Invitation Homes is a place where possibility lives. The market teams include our Leasing, Property Management and Rehab, Turns & Maintenance professionals. Together, our dedicated...

  • Credit Portfolio Manager

    2 months ago

    Houston, United States Professional Alternatives Full time

    Credit Portfolio Manager – Oils portfolios (Houston, TX – local candidates only) Responsible for approval and administration of credit to a group of assigned accounts. Assists Credit leadership in his/her respective duties through recommendations involving procedures and standards. Minimum Qualifications Degree: Bachelor’s Degree. 3 years. High level...

  • Assistant Portfolio Manager

    2 months ago

    Houston, United States Invitation Homes Full time

    Who We Are Invitation Homes is a team of more than 1,400 associates who come from all walks of life. We call different communities "home." But our shared values bind us together. Invitation Homes is a place where possibility lives. The market teams include our Leasing, Property Management and Rehab, Turns & Maintenance professionals. Together, our dedicated...

  • Portfolio Manager

    2 months ago

    Houston, United States NewRez LLC Full time

    Also doing business as Shellpoint Mortgage Servicing 1100 Virginia Drive, Suite 125 Fort Washington PA 19034 Doing business as Newrez Mortgage in the states of Arkansas and Texas. Website approval pending with the New York Department of Financial Services. Portfolio Manager (On-site) page is loaded Portfolio Manager (On-site) Apply locations TX, Houston SC,...

  • Director, Strategic Portfolio Management

    6 days ago

    Houston, Texas, United States Sysco Northeast Rdc Full time

    Job Summary:The Director, Strategic Portfolio Management is responsible for leading the Technology portfolio management function at Sysco Northeast Rdc. This role provides guidance to technology leadership and other executives on the timing and anticipated value of initiatives and investments, tracks progress, and helps to identify potential conflicts and...

  • Wealth Advisor III

    3 months ago

    Houston, United States Linscomb Wealth Full time

    Position Title: Wealth Advisor IIILocation: 1333 West Loop South, Ste 1500, Houston, TX 77027Eligibility for Remote: NoGrade: CommissionJob Posting:What The Role Is A Linscomb Wealth, Wealth Advisor III has a well-established and highly sustainable client book of business. They have a proven ability to consistently fulfill the duties and responsibilities of...

  • Portfolio Manager

    3 weeks ago

    Houston, United States NewRez LLC Full time

    Also doing business as Shellpoint Mortgage Servicing 1100 Virginia Drive, Suite 125 Fort Washington PA 19034 Doing business as Newrez Mortgage in the states of Arkansas and Texas. Website approval pending with the New York Department of Financial Services. Portfolio Manager (On-site) Apply locations TX, Houston SC, Greenville AZ, Tempe TX, Coppell time type...

  • Portfolio Investment Manager

    1 week ago

    Houston, Texas, United States BOK Financial Full time

    Job OverviewThe Investment Manager is responsible for overseeing investment portfolios in accordance with established corporate policies, utilizing a pre-approved list of strategies sanctioned by the BOKF Investment Committee. This role involves collaboration with Wealth Advisors and/or Trust Officers, as well as direct engagement with clients to formulate...

  • Product Portfolio Manager

    1 week ago

    Houston, Texas, United States Mexcor of Texas Full time

    Job DescriptionAbout Mexcor of TexasAt Mexcor of Texas, we foster a culture of collaboration and growth, offering remarkable career opportunities within a leading organization that values its workforce and invests in cutting-edge technology. With over a century of experience in the alcohol distribution sector, we pride ourselves on our commitment to...

  • Portfolio Manager

    3 months ago

    Houston, United States NewRez LLC Full time

    Who we are Shellpoint Mortgage Servicing (SMS) is one of America's top-five non-bank mortgage-servicing companies. What is mortgage servicing? Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or "service") their loan portfolios, which means that we collect homeowners' mortgage...