Portfolio Management Senior Associate

Bank of America; Westport (CT); On-site; USD 41,000 - 66,000; Full time

Benefits offered by this job

Industry-leading benefits

Discretionary incentive eligible

Job summary

Bank of America is seeking an energetic Portfolio Management assistant to support the delivery of integrated investment services. This role serves as a conduit for clients and as a backup for Portfolio Managers, coordinating service delivery through internal channels and seeking new opportunities from existing books of business.

Key responsibilities include asset allocation, trade execution, risk management, and maintaining investment policy statement quality.

Qualifications

• Minimum of 2 years of experience with a financial institution focusing on high net worth client service and sales.
• Investment administration experience desired.
• BS/BA degree in Business, Finance, Economics or Law desired

Responsibilities

• Supports client portfolios including asset allocation, portfolio construction, security/manager selection, trade execution, risk management and compliance, and investment reviews.
• Assists with engaging clients to review investment performance and market changes based on economic and industry analysis.
• Performs market analysis, gathers insights, and recommends strategies to support client’s investment goals.
• Supports Portfolio Managers with portfolio composition analysis, asset allocation monitoring, and ensuring investment policy statement quality.

Skills

Risk Management

Critical Thinking

Customer Focus

Attention to Detail

Analytical Thinking

Decision Making

Written Communications

Active Listening

Networking

Collaboration

Organizational Effectiveness

Result Orientation

Education

Bachelor's degree in Business, Finance, Economics or Law

Job description

About Bank of America

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 assisting the Portfolio Management team in providing integrated investment advice and portfolio management services. Key responsibilities include coordinating the internal delivery of investment services through the appropriate channels, seeking out new business opportunities from existing books of business, and assisting other service associates as needed. Job expectations include serving as an additional point of contact for clients and/or as a backup for client‑facing Portfolio Managers.

Responsibilities

• Supports aspects of the client portfolio including asset allocation, portfolio construction, security/manager selection, trade execution, risk management and compliance, and investment reviews
• Assists with engaging clients to review investment performance and anticipated market changes based on economic and industry analysis
• Performs market analysis, gathers insights, and recommends strategies to support client's investment goals
• Supports Portfolio Managers with conducting portfolio composition analysis, asset allocation monitoring, and ensuring investment policy statement quality and completeness
• Manages and/or executes client investment transactions, while leveraging expertise in portfolio management
• Coordinates with client teams and partners to deliver an integrated service to the client, while identifying and resolving issues in an effective and timely manner

Qualifications

• Minimum of 2 years of experience with a financial institution focusing on high net worth client service and sales
• Investment administration experience desired
• BS/BA degree in Business, Finance, Economics or Law desired

Skills

• 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
• Result Orientation

Minimum Education Requirement

High School Diploma / GED / Secondary School or equivalent

Shift

1st shift (United States of America)

Hours Per Week

40

Pay Transparency details

US - CT - Greenwich - 55 Railroad Ave - Plaza 55 (CT1010), US - CT - Westport - 1 Gorham Is - One Gorham Island (CT2193)

Pay and benefits information

• Pay range$30.47 - $48.18 hourly pay, offers to be determined based on experience, education and skill set.
• Discretionary incentive eligible
• This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
• Benefits
• This role is currently benefits eligible.
• We provide industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.