Portfolio Manager

3 weeks ago


Greenwich, Connecticut, United States Bank of America Full time
Job Summary

At Bank of America, we are seeking a highly skilled Portfolio Manager to join our team. As a Portfolio Manager, you will be responsible for working with complex, high-net-worth investors to create customized investment strategies.

Key Responsibilities
  • Evaluating, designing, constructing, managing, and monitoring all aspects of discretionary portfolio management, including asset allocation, portfolio construction, security/manager selection, trade execution, risk management, and compliance.
  • Helping teams drive client retention and business development, while mentoring associates.
  • Understanding the client's situation and circumstances to develop and recommend an investment strategy tailored to their unique goals and objectives.
  • Managing all aspects of the client's investment portfolio, including asset allocation, portfolio construction, security/manager selection, trade execution, risk management, and compliance.
  • Collaborating with teammates to deliver the bank's full array of integrated solutions, such as equities, fixed income, alternative investments, and Specialty Asset Management as appropriate.
  • Engaging with clients to review investment performance and anticipated market changes based on economic and industry analysis.
  • Staying up-to-date on recommendations from the Chief Investment Office, current market conditions, and economic trends to anticipate and mitigate investment risks.
Requirements
  • A minimum of 10+ years of investment decision-making and financial consulting experience working with high-net-worth clients and ultra-high-net-worth clients.
  • 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.
  • 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.

At Bank of America, we believe in the importance of working together and offering flexibility to our employees. 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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