Portfolio Manager III

Bank of America Corporation • Denver, CO

68d • Onsite

About The Position

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 include helping teams to drive client retention and business development, while mentoring associates.

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.

Nice To Haves

• 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

Responsibilities

• Works to understand the client's situation and circumstances to develop and recommend an investment strategy tailored to their unique goals and objectives
• Manages all aspects of the client's 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 bank's 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees