Wealth Portfolio Manager I

Bank of America; Melville (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

Bank of America in Melville, NY is seeking an experienced investment professional to design discretionary portfolios for high-net-worth clients under guidance from a Portfolio Manager. The role emphasizes tailored strategy development and rigorous client communication.

You will evaluate asset allocation, select securities, and manage risk while building strong client relationships and delivering comprehensive investment solutions across bank products.

Qualifications

• 1 or more years of investment decision making and financial consulting experience working with high-net-worth and ultra-high net worth clients.
• Experience with wealth management, private banking or trust.
• Knowledge of fiduciary standards, principles and applicable laws and regulations; strong client service and relationship management.

Responsibilities

• Develop investment strategies tailored to clients' goals and objectives.
• Support asset allocation, portfolio construction, and risk management; assist in investment reviews.
• Collaborate with teammates to deliver integrated bank solutions across equities, fixed income, alternatives and specialty asset management.
• Engage with clients to review investment performance and respond to market changes.
• Stay informed about Chief Investment Office guidance and market trends to anticipate risks and opportunities.

Skills

Investment decision making

Financial consulting

Negotiation

Leadership

Relationship management

Analytical thinking

Attention to detail

Data quality management

Written communications

Client experience

Job description

Bank of America in Melville, NY is seeking an experienced investment professional to design discretionary portfolios for high-net-worth clients under guidance from a Portfolio Manager. The role emphasizes tailored strategy development and rigorous client communication.

You will evaluate asset allocation, select securities, and manage risk while building strong client relationships and delivering comprehensive investment solutions across bank products.