Senior Private Wealth Portfolio Manager

Bank of America; Austin (TX); On-site; USD 150,000 - 210,000; Full time

Job summary

Bank of America is seeking a senior investment professional to design and manage discretionary portfolios for high-net-worth clients in Austin. You will oversee asset allocation, security selection, risk controls, and ongoing client communication to support long-term financial goals.

The role emphasizes fiduciary duties, collaboration with advisors, and mentoring junior staff while driving business development and client retention in a dynamic wealth-management environment.

Qualifications

• Minimum of 10 years of investment decision making and financial consulting with high-net-worth clients.
• Experience with wealth management, private banking or trust services.
• Broad knowledge of investments, tax, legal and operations.
• Fiduciary standards and applicable laws understanding.
• Strong leadership and client service skills.

Responsibilities

• Develop tailored investment strategies based on client goals and circumstances.
• Manage all aspects of client portfolios including asset allocation and trade execution.
• Collaborate with teammates to deliver integrated solutions across assets.
• Engage with clients to review performance and market changes.
• Stay updated on CIO recommendations and economic trends.
• Build meaningful client relationships with high professional standards.

Skills

Advisory Client Investments

Client Relationship Management

Investment Strategy

Portfolio Construction

Risk Management

Communication Skills

Ethics & Standards

Analytical Thinking

Trading

Education

Bachelor's Degree in Finance

MBA or JD

CPA CFP CFA credentials

Job description

Bank of America is seeking a senior investment professional to design and manage discretionary portfolios for high-net-worth clients in Austin. You will oversee asset allocation, security selection, risk controls, and ongoing client communication to support long-term financial goals.

The role emphasizes fiduciary duties, collaboration with advisors, and mentoring junior staff while driving business development and client retention in a dynamic wealth-management environment.