Senior Wealth Portfolio Architect

Bank of America; Melville (NY); On-site; USD 136,000 - 300,000; Full time

Benefits offered by this job

Benefits

Discretionary incentive

Job summary

Bank of America in Melville, NY seeks a senior investment advisor to design and manage discretionary portfolios for high-net-worth clients. You will allocate assets, select securities, and monitor risk in collaboration with a regional wealth team.

The role requires extensive experience in wealth management, fiduciary practices, and client relationship leadership, with a commitment to ethical standards and compliance. Strong communication and market insight are essential.

Qualifications

• Minimum of 10 years of investment decision making and financial consulting experience with high-net-worth and ultra-high net worth clients.
• Held positions of increasing responsibility at a prestigious financial services firm in wealth management, private banking or trust.
• Knowledge of fiduciary standards, fiduciary laws, and related regulations.
• Broad-based knowledge of investments, tax, legal and operations for servicing clients.
• Strong leadership, delegation, and relationship-management skills.

Responsibilities

• Understand the client's situation to tailor an investment strategy to their goals and objectives.
• Manage all aspects of the client's investment portfolio including asset allocation, construction, and risk management.
• Collaborate with teammates to deliver integrated solutions across equities, fixed income, and alternatives.
• Engage with clients to review performance and discuss market conditions and changes.
• Stay up-to-date with Chief Investment Office guidance, market conditions and economic trends to mitigate risks.
• Develop meaningful client relationships with high standards of care and ethics.

Skills

Advisory: Client Investments

Client Focus

Investment Management

Presentation Skills

Active Listening

Analytical Thinking

Attention to Detail

Ethics & Standards

Collaboration

Critical Thinking

Data Quality Management

Trading

Written Communications

Education

Bachelor's Degree in Finance / Economics

MBA or JD

CPA / CFP / CFA designation

Job description

Bank of America in Melville, NY seeks a senior investment advisor to design and manage discretionary portfolios for high-net-worth clients. You will allocate assets, select securities, and monitor risk in collaboration with a regional wealth team.

The role requires extensive experience in wealth management, fiduciary practices, and client relationship leadership, with a commitment to ethical standards and compliance. Strong communication and market insight are essential.