Portfolio Manager III

94-1687665 Bank of America, National Association; Newport Beach (CA); Presencial; USD 136.000 - 300.000; Jornada completa

Descripción de la vacante

Bank of America Corporation in Newport Beach seeks an experienced investment leader to guide discretionary portfolios for high-net-worth clients. You will oversee asset allocation, construction, and manager selection while coordinating with specialists to deliver integrated solutions.

The role requires a track record of senior client advisory, deep knowledge of investments, tax, legal considerations, and fiduciary standards. Excellent communication and leadership are essential.

Formación

• Minimum of 10 years of investment decision making and financial consulting experience with high-net-worth clients.
• Experience in wealth management, private banking or trust fields with increasing responsibility.
• Knowledge of fiduciary standards, laws, and applicable regulations.

Responsabilidades

• Develop and recommend investment strategies tailored to client goals.
• Manage all aspects of client portfolios including asset allocation and risk management.
• Collaborate with teammates to deliver integrated banking solutions across equities, fixed income, alternatives.
• Engage with clients to review performance and market trends; adapt strategies as needed.
• Maintain up-to-date knowledge from the Chief Investment Office and economic indicators.
• Build meaningful client relationships with high ethical standards.

Conocimientos

Advisory Client Investments Management

Client Focus

Investment Management Presentation

Active Listening

Analytical Thinking

Attention to Detail

Data Quality Management

Trading

Written Communications

Educación

Bachelor’s Degree in Finance/Accounting/Economics

MBA or JD

CPA / CFP / CFA designation

Descripción del empleo

Job Overview

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.

Key Responsibilities

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.

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

Skills

• Advisory Client Investments Management
• Customer and Client Focus
• Investment Management Presentation Skills
• Active Listening
• Analytical ThinkingAttention to Detail
• Client Experience Branding
• Valuation Ethics and Practice Standards
• Collaboration
• Critical Thinking
• Data Quality Management
• Trading
• Written Communications

Minimum Education Requirement

High School Diploma / GED / Secondary School or equivalent.

The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC.

Shift & Working Hours

Shift: 1st shift (United States of America)
Hours Per Week: 40

Pay & Benefits

Pay Transparency details US - CA - Newport Beach - 500 Newport Center Dr - Newport Center (CA9165)

Pay range $135,600.00 - $300,000.00 annualized salary, 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.

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

Culture and Values

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.

Partnering Locally

Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact

Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion

Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values

Learn about our four values that represent what we believe.

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency