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Portfolio Manager III Clayton, Missouri Additional locations Apply × To proceed with your application, you must be at least 18 years of age.
Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.
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. 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 working with complex, high-net-worth investors to create customized investment strategies. Key responsibilities include:
• 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. • Investment reviews and proactive client communication.
Job Expectations
• Helping teams to drive client retention and business development while mentoring associates.
Responsibilities
• Works to understand the clients situation and circumstances to develop and recommend an investment strategy tailored to their unique goals and objectives. • Manages all aspects of the clients investment portfolio, including asset allocation, portfolio construction, security manager selection, trade execution, risk management, and compliance, and investment reviews. • Collaborates with teammates to deliver the banks full array of integrated solutions, such as equities, fixed income, alternative investments, and Specialty Asset Management, as appropriate. • Engages with clients to review investment performance and anticipated market changes based on economic and industry analysis. • Stays up-to-date on recommendations from the Chief Investment Office, current market conditions, and economic trends to anticipate and mitigate investment risks. • Develops meaningful relationships with clients while demonstrating the highest care, skill, diligence, and ethics.
Required Qualifications
• Minimum of 10 years of investment decision-making and financial consulting experience working with high-net-worth and ultra-high net worth clients. • Has 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 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, and leadership. • Superior client service and relationship management skills.
Desired Qualifications
• Bachelors Degree in Finance, Accounting, Economics, or related field, or equivalent financial services and business experience. • Graduate Degree, such as MBA or JD. • Holds appropriate credentials, such as CPA, CFP, and/or CFA designation. • 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, or Secondary School or equivalent
Shift
• 1st shift • United States of America • Hours Per Week: 40
Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge
Full time JR-26007291 Manages People No Travel Yes (10 of the time) Age requirement: Must be at least 18 years of age. Share Save job Job saved