Senior Portfolio Strategist

3 weeks ago


Greenwich, Connecticut, United States Bank of America Full time

Job Title: Portfolio Manager III

Location: Greenwich, Connecticut

Job Summary:

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.

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

Key Responsibilities:

  • Evaluate, design, construct, manage, and monitor all aspects of discretionary portfolio management, including asset allocation, portfolio construction, security/manager selection, trade execution, risk management, and compliance.
  • Help teams drive client retention and business development, while mentoring associates.
  • Develop and recommend investment strategies tailored to clients' unique goals and objectives.
  • Manage all aspects of clients' investment portfolios, including asset allocation, portfolio construction, security/manager selection, trade execution, risk management, and compliance.
  • Collaborate 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.
  • Engage with clients to review investment performance and anticipated market changes based on economic and industry analysis.
  • Stay up-to-date on recommendations from the Chief Investment Office, current market conditions, and economic trends to anticipate and mitigate investment risks.
  • Develop meaningful relationships with clients, while demonstrating the highest care, skill, diligence, and ethics.

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.
  • 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.

Preferred 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

Pay and Benefits:

This role is eligible for an annual discretionary plan, and 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.

This role is currently benefits eligible, and 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.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status, or any factor prohibited by law.



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