Senior Investment Manager

ghr; Chicago (IL); On-site; USD 52,000 - 96,000; Full time

Benefits offered by this job

Formulaic incentive

Benefits eligible

On-site in Chicago

Job summary

Merrill Wealth Management is seeking a Senior Investment Manager to own the investment philosophy and portfolio strategy for large advisor teams. You will lead the investment committee and deliver holistic solutions aligned to client goals and risk profiles.

The role requires deep knowledge across investment products, strong client communication, and the ability to present performance reviews onsite in Chicago. SAFE Act compliance may apply for mortgage-related activities.

Qualifications

• Possess Series 7, 63/65/66 or equivalent; must obtain state registrations held by Advisors they support
• SAFE Act Registration; ADV-2B required
• CFP® or CPWA® designation and/or at least one firm-approved designation
• Strong communication and relationship management skills
• 10+ years of specialist-level investment experience
• Experience with risk management and portfolio construction
• Ability to align client goals with investment solutions

Responsibilities

• Make sound investment decisions with a strong risk mindset
• Attend client review meetings and capture notes in Salesforce
• Ensure client risk profiles, goals, and asset allocations are properly reflected
• Identify client needs and articulate suitable investment approaches

Skills

Causation Analysis

Financial Management

Investment Management

Trading Strategy

Trading and Investment Analysis

Portfolio Analysis

Portfolio Management

Price Verification and Valuation

Trade Monitoring

Trading

Client Investments Management

Client Solutions Advisory

Financial Analysis

Financial Forecasting and Modeling

Wealth Planning

Education

High School Diploma / GED / Secondary School or equivalent

Tools

Salesforce

Job description

Job Description:

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, companies, and institutions. Merrill Wealth Management is one of the largest businesses of its kind in the world specializing in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment advice and guidance.

Merrill’s Financial Advisors and Wealth Management Client Associates help clients pursue the life they envision through a personal relationship with their advisory team committed to their needs. We believe trust comes from transparency. Our trusted advisory teams are equipped with access to the investment insights of Merrill coupled with the banking convenience of Bank of America.

Merrill 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 Merrill, we empower you to bring your whole self to work. We value diversity in our thoughts, business, and within our employees and clients. Our Wealth Management team represents an array of different backgrounds and bring their unique perspectives, ideas and experiences, helping to create a work community that is culture driven, resilient, results focused and effective.

Job Description:

The Senior Investment Manager is responsible for defining and owning the Financial Advisor(s) and/or Advisor Team(s) overall investment management philosophy through the development of portfolio strategy, and leading a sound investment management process. Would act as team CIO, leading the investment committee for large teams, and working in close partnership with internal specialists to deliver holistic investment solutions by identifying and establishing targeted investment strategies. Strong ability to connect with clients and communicate CIO research in a concise and compelling manner. Ensure risk profiles, goals, objectives and asset allocations are aligned and reflected properly for each client. Senior-level expertise in a wide range of investment product areas and ability to deliver full range of products and services across the enterprise, ensuring alignment to client goals and strategies. Oversee preparation and present client performance review reports to measure progress to goals. Serves as subject matter expert for all investment-related questions that come in from clients. This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Job Responsibilities:

Ability to make sound decisions through a deep understanding of investment management best practices and policies/procedures with a strong risk mindset

Attend client review meeting to assist in re-discovery conversations, capture notes in Salesforce, and track all actions/activities to ensure highest level of client service

Ensure risk profiles, goals, objectives and asset allocations are aligned and reflected properly for each client

Ability to identify client needs and concerns, and articulate appropriate approach to align solutions to goals in a suitable and controlled way

Required Qualifications:

• Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support
• SAFE Act Registration; ADV-2B Required
• CFP® or CPWA® designation and/or obtain/maintain at least one firm approved designation
• Possess and demonstrate strong communication skills
• Superior relationship management skills to partner effectively across the entire Wealth Management space
• Strong analytical and portfolio management skills with the ability to identify trends and implement investment strategies to increase growth and mitigate risk
• Ability to make sound decisions through a deep understanding of investment management best practices and policies/procedures with a strong risk mindset
• Ability to identify client needs and concerns and articulate appropriate approach to align solutions to goals in a suitable and controlled way
• Minimum of 10 years of experience performing specialist level responsibilities or equivalent industry experience

Skills:

• Causation Analysis
• Financial Management
• Investment Management
• Trading Strategy
• Trading and Investment Analysis
• Portfolio Analysis
• Portfolio Management
• Price Verification and Valuation
• Trade Monitoring
• Trading
• Client Investments Management
• Client Solutions Advisory
• Financial Analysis
• Financial Forecasting and Modeling
• Wealth Planning

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

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 - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)Pay and benefits informationPay range$52,000.00 - $96,000.00 annualized salary, offers to be determined based on experience, education and skill set.

• Formulaic incentive eligible
• This role is eligible to participate in a formulaic incentive plan.
• Employees are eligible for incentives as detailed by the specific line of business incentive plan provisions.
• Formulaic plans may be comprised of monthly, quarterly and/or annual incentive opportunities.
• Incentives are earned based on the employee’s performance against defined metrics.
• BenefitsThis 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.