Investment Performance Operations Lead

Bank of America; Pennington (NJ); On-site; USD 120,000 - 170,000; Full time

Job summary

Bank of America in Pennington, NJ seeks a Senior Operations Consultant within Wealth Management Performance Operations to lead design, development, and enhancement of performance processes, platforms, and initiatives. You will focus on complex investment performance calculations and reporting for multiple sites or large business units.

You will partner with Financial Advisors and business teams to understand client reporting needs, drive operational improvements, and translate sophisticated

Qualifications

• Advanced knowledge of investment performance measurement methodologies.
• Strong quantitative and analytical skills for complex calculations.
• Ability to communicate technical concepts to diverse audiences.

Responsibilities

• Leads design, development, and implementation of performance-related platforms and processes.
• Analyze and resolve complex performance discrepancies and outliers.
• Partner with Financial Advisors and business teams to deliver reporting solutions.
• Develop and deliver executive-level presentations and strategic updates.
• Train and mentor associates on performance methodologies and tools.

Skills

Time-Weighted Rate of Return (TWRR)

Money-Weighted Rate of Return (MWRR)

Modified Dietz

asset weighting

risk statistics

Microsoft Excel

PowerPoint

presentation skills

communication

cross-functional collaboration

Education

Bachelor's degree in Mathematics, Finance, Economics, Statistics, or related quantitative discipline

Tools

First Rate

Addepar

Tamarac

Confluence

Black Diamond

Clearwater

Job description

Bank of America in Pennington, NJ seeks a Senior Operations Consultant within Wealth Management Performance Operations to lead design, development, and enhancement of performance processes, platforms, and initiatives. You will focus on complex investment performance calculations and reporting for multiple sites or large business units.

You will partner with Financial Advisors and business teams to understand client reporting needs, drive operational improvements, and translate sophisticated