Portfolio Manager III

The Georgia Society of CPAs

Naples (FL)

On-site

USD 150,000 - 230,000

Full time

2 days ago

Be an early applicant

Get more replies from employers

Send a job-specific resume in minutes.

Job summary

Bank of America seeks an accomplished investment professional to manage discretionary portfolios for high-net-worth clients. You will design, implement, and monitor customized strategies across asset classes while ensuring compliance and strong client communication.

Networking with clients to grow business and mentor junior staff will be part of this role. A deep foundation in wealth management, fiduciary law, and investments is essential.

Qualifications

Minimum 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 financial services firm in wealth management/trust.
Knowledge of fiduciary and financial products and services 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 and leadership.
Superior client service and relationship management skills.

Responsibilities

Develops customized investment strategies for high-net-worth clients.
Manages all aspects of client portfolios including asset allocation and risk management.
Collaborates with teammates to integrate bank solutions (equities, fixed income, alternatives).
Reviews investment performance and market changes with clients.
Keeps up-to-date with CIO guidance, market conditions, and regulatory requirements.
Builds meaningful client relationships with care, skill, and ethics.

Skills

Advisory

Client Investments Management

Customer Focus

Investment Management

Presentation Skills

Active Listening

Analytical Thinking

Attention to Detail

Client Experience Branding

Valuation Ethics and Practice

Collaboration

Critical Thinking

Data Quality Management

Trading

Written Communications

Education

Bachelor's Degree in Finance, Accounting, Economics or related field

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
Knowledge of fiduciary and financial products and services 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 and leadership
Superior client service and relationship management skills

Desired Qualifications

Bachelor's Degree in Finance, Accounting, Economics or related field or equivalent financial services/business experience
Graduate Degree such as MBA or JD
Holds appropriate credentials such as CPA, CFP and/or CFA designation
The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience

Skills