Senior Portfolio Manager

Bank of America

Naples (FL)

On-site

USD 100,000 - 150,000

Full time

14 days+

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Job summary

Bank of America is seeking an experienced investment professional to work with complex High Net Worth Investors in Naples, Florida. This role involves understanding strategic investment objectives and creating customized strategies while managing discretionary portfolios.

The ideal candidate will have 10-15 years of relevant experience in financial consulting and a strong background in wealth management.

Qualifications

10-15 years of investment decision-making experience with high net worth clients.
Experience in wealth management and private banking.
Broad technical knowledge of investments and related products.
Knowledge of fiduciary standards and applicable laws.

Responsibilities

Understand and manage complex investment strategies for clients.
Oversee completion of investment policy statements.
Conduct trade execution and maintain investment action plans.
Mentor and supervise junior staff.

Skills

Advisory Client Investments

Management

Customer and Client Focus

Investment Management

Presentation Skills

Active Listening

Analytical Thinking

Attention to Detail

Client Experience

Valuation

Ethics and Practice Standards

Collaboration

Critical Thinking

Data Quality Management

Trading

Written Communications

Education

Undergraduate degree in Finance, Accounting, Economics or equivalent

CPA, CFP and/or CFA designation

Graduate degree such as MBA or JD

Job description

Job Summary

Works with complex High Net Worth Investors to create customized investment strategies. Responsible for understanding strategic investment objectives, spending policy needs and unique client/prospect goals to provide guidance and develop, implement and manage investments. Portfolio Managers can manage customized client portfolios on a fully discretionary basis and provide advisory services and single mandate strategies.

Responsibilities

Understands strategic investment objectives, spending policy needs and unique client/prospect goals to provide guidance and develop, implement and manage investments.
Manages customized client portfolios on a fully discretionary basis, providing advisory services and single mandate strategies.
Manages individual securities (stocks, bonds, REITs, MLPs, etc.), SMAs, alternative investments, and specialty assets (e.g., Timber, Farm, Oil and Gas).
Monitors portfolios and rebalances to ensure asset allocation aligns with client objectives and risk tolerances.
Oversees the completion of investment policy statements.
Acts as a technical/industry expert in managing complex individual and family client relationships.
Develops and recommends strategies to achieve clients’ investment goals.
Conducts trade execution, maintains investment action plans, monitors overdrafts, and conducts Reg. 9 investment reviews.
Documents account activities and client interactions.
Supports revenue growth by meeting investment management, credit, and deposit goals.
May develop and market specialized asset allocation products and services.
Supervises, mentors, and coaches junior staff.

Required Qualifications

10‑15 years of investment decision‑making and financial consulting experience working with high net worth and ultra‑high net worth clients.
Held positions of increasing responsibility with an established and prestigious financial services firm, most likely in wealth management, private banking and/or trust.
Knowledge of fiduciary and financial products and services gained through extensive related work experience.
Broad technical knowledge of investments, tax, legal and operations necessary to serve clients.
Knowledge of fiduciary standards, principles and applicable laws and regulations.
Skills in negotiating, delegating, leadership, superior client service and relationship management.

Desired Qualifications