Senior Portfolio Management Associate, Private Bank

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

Benefits offered by this job

Benefits eligible

Discretionary incentive plan

Job summary

Bank of America in Providence, RI is seeking a Portfolio Management Senior Associate for the Private Bank to assist a high net worth client service team with portfolio construction, asset allocation, and investment reviews.

The role requires at least 4 years in financial services, investment administration experience, and a BA/BS in business, finance, economics, or law. The position is office-based with 40 hours per week and eligible for benefits and discretionary incentives.

Qualifications

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

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

Skills

Risk Management

Critical Thinking

Customer Focus

Prioritization

Problem Solving

Attention to Detail

Business Acumen

Collaboration

Decision Making

Written Communications

Education

High School Diploma / GED / Secondary School or equivalent

Job description

Bank of America in Providence, RI is seeking a Portfolio Management Senior Associate for the Private Bank to assist a high net worth client service team with portfolio construction, asset allocation, and investment reviews.

The role requires at least 4 years in financial services, investment administration experience, and a BA/BS in business, finance, economics, or law. The position is office-based with 40 hours per week and eligible for benefits and discretionary incentives.