Portfolio Management Senior Associate
About The Position
At Bank of America, this role supports the Portfolio Management team in providing integrated investment advice and portfolio management services. The Senior Associate helps coordinate the internal delivery of investment services through appropriate channels, identifies new business opportunities within existing books of business, and assists other service associates. The role may serve as an additional client contact or as backup for client-facing Portfolio Managers. The position supports client portfolio activities including asset allocation, portfolio construction, security and manager selection, trade execution, risk management, compliance, and investment reviews. It also supports client discussions about investment performance and anticipated market changes, conducts market analysis, and helps develop strategies aligned with client investment goals. The role coordinates with client teams and partners to deliver integrated client service and resolve issues in a timely and effective manner. Bank of America describes its workplace as committed to Responsible Growth, inclusion, teammate development and wellness, and community impact. The company has an in-office culture with role-specific attendance requirements and an appropriate level of flexibility. This position is 1st shift and is listed as 40 hours per week.
Requirements
- At least 2 years of experience with a financial institution, focusing on high-net-worth client service and sales.
- High School Diploma, GED, Secondary School, or equivalent.
- Skills in risk management, critical thinking, customer and client focus, prioritization, problem solving, attention to detail, business acumen, collaboration, decision making, written communications, active listening, analytical thinking, networking, organizational effectiveness, and result orientation.
Nice To Haves
- Investment administration experience.
- BS/BA degree in Business, Finance, Economics, or Law.
Responsibilities
- Support aspects of client portfolios, including asset allocation, portfolio construction, security and manager selection, trade execution, risk management, compliance, and investment reviews.
- Assist with engaging clients to review investment performance and anticipated market changes based on economic and industry analysis.
- Perform market analysis, gather insights, and recommend strategies to support clients’ investment goals.
- Support Portfolio Managers with portfolio composition analysis, asset allocation monitoring, and ensuring investment policy statement quality and completeness.
- Manage and/or execute client investment transactions, leveraging portfolio management expertise.
- Coordinate with client teams and partners to deliver integrated client service and identify and resolve issues effectively and promptly.
- Coordinate the internal delivery of investment services through appropriate channels.
- Seek new business opportunities from existing books of business.
- Assist other service associates as needed.
- Serve as an additional client contact and/or backup for client-facing Portfolio Managers.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
