Senior Investment Manager

Bank of America • Towson, MD

19h • Onsite

About The Position

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. It specializes in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance. Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. The company believes trust comes from transparency and provides access to Merrill's investment insights coupled with the banking convenience of Bank of America. Merrill is committed to an in-office culture with specific requirements for office-based attendance, allowing for an appropriate level of flexibility for teammates and businesses based on role-specific considerations. Merrill empowers employees to bring their whole self to work, valuing diversity in thoughts, business, and within employees and clients, which helps create a culture-driven, resilient, results-focused, and effective work community. The Senior Investment Manager is responsible for defining and owning the Financial Advisor(s) and/or Advisor Team(s) overall investment management philosophy through the development of portfolio strategy and leading a sound investment management process. This role acts as a team CIO, leading the investment committee for large teams, and works in close partnership with internal specialists to deliver holistic investment solutions by identifying and establishing targeted investment strategies. The manager must have a strong ability to connect with clients and communicate CIO research in a concise and compelling manner. They ensure risk profiles, goals, objectives, and asset allocations are aligned and reflected properly for each client. The position requires senior-level expertise in a wide range of investment product areas and the ability to deliver a full range of products and services across the enterprise, ensuring alignment to client goals and strategies. Responsibilities also include overseeing the preparation and presentation of client performance review reports to measure progress to goals and serving as a subject matter expert for all investment-related client questions. This position may be responsible for the provision of residential mortgage loans and is subject to SAFE Act registration requirements, including background checks. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Requirements

• Series 7, 63/65 or 66 or equivalent
• Must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support
• SAFE Act Registration
• ADV-2B Required
• CFP® or CPWA® designation and/or obtain/maintain at least one firm approved designation
• Possess and demonstrate strong communication skills
• Superior relationship management skills to partner effectively across the entire Wealth Management space
• Strong analytical and portfolio management skills with the ability to identify trends and implement investment strategies to increase growth and mitigate risk
• Ability to make sound decisions through a deep understanding of investment management best practices and policies/procedures with a strong risk mindset
• Ability to identify client needs and concerns and articulate appropriate approach to align solutions to goals in a suitable and controlled way
• Minimum of 10 years of experience performing specialist level responsibilities or equivalent industry experience
• High School Diploma / GED / Secondary School or equivalent

Responsibilities

• Defining and owning the Financial Advisor(s) and/or Advisor Team(s) overall investment management philosophy through the development of portfolio strategy
• Leading a sound investment management process
• Acting as team CIO, leading the investment committee for large teams
• Working in close partnership with internal specialists to deliver holistic investment solutions by identifying and establishing targeted investment strategies
• Connecting with clients and communicating CIO research in a concise and compelling manner
• Ensuring risk profiles, goals, objectives and asset allocations are aligned and reflected properly for each client
• Delivering full range of products and services across the enterprise, ensuring alignment to client goals and strategies
• Overseeing preparation and presenting client performance review reports to measure progress to goals
• Serving as subject matter expert for all investment-related questions that come in from clients
• Potentially responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support to our employees
• Formulaic incentive eligible (monthly, quarterly and/or annual incentive opportunities)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees