Portfolio Manager III

Bank of America

Miami (FL)

On-site

USD 150,000 - 300,000

Full time

13 days ago

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Job summary

Bank of America is seeking an experienced investment professional to work with high-net-worth clients, designing and managing customized investment strategies across asset classes, including asset allocation, security selection, and risk management.

The role emphasizes client communication, reviews investment performance, and collaboration with teams to deliver integrated solutions while mentoring junior staff.

Qualifications

Minimum of 10 years of investment decision making and financial consulting experience with high-net-worth and ultra-high-net worth clients.
Experience in wealth management, private banking and/or trust fields with increasing responsibility.
Knowledge of fiduciary and financial products and services from extensive related work.
Broad-based technical knowledge of investments, tax, legal and operations.
Fiduciary standards, principles and applicable laws and regulations.
Skills in negotiating, delegating and leadership.
Superior client service and relationship management skills.

Responsibilities

Understand the client's situation to develop an investment strategy tailored to goals.
Manage all aspects of the client's portfolio: asset allocation, construction, and risk controls.
Collaborate to deliver equities, fixed income, alternatives and specialty assets.
Engage with clients to review performance and market changes.
Stay updated on CIO recommendations and market trends to mitigate risks.
Build meaningful client relationships with care, skill and integrity.

Skills

Advisory

Client Investments Management

Customer Focus

Investment Management

Presentation Skills

Active Listening

Analytical Thinking

Attention to Detail

Client Experience Branding

Valuation Ethics

Collaboration

Critical Thinking

Data Quality

Trading

Written Communications

Education

Bachelor's Degree in Finance, Accounting, Economics or related field or equivalent financial services/business experience

Graduate Degree such as MBA or JD

CPA, CFP and/or CFA designation

Job description

Job Description:

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

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 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.

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

Required Qualifications:

Minimum of 10 years of investment decision making and financial consulting experience working with high-net-worth and ultra-high net worth clients

Has 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