Why you should apply for a job with Bank of America:
Bank of America is on FGB’s Best Finance Companies for Women of 2018.
A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years,
Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
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Position summary
Job Description:
Summary of Position:
The Portfolio Management Senior Associate (PMSA) is a specialist role that has primary responsibility for assisting the Portfolio Managers in providing integrated investment advice and portfolio management services. PMSAs are investment product experts who act as an additional point of contact for clients and/or as a backup for client-facing Portfolio Managers.
The PMSA will coordinate the internal delivery of investment services through the appropriate channels within the CIO groups. Additionally, PMSAs will seek out new business opportunities from existing books of business and assist other service associates as needed.
Responsibilities:
- In addition to the ability to deliver generalist support, part of the Client Team actively supporting Portfolio Managers to meet clients’ trust needs and expectations
- Support Portfolio Manager with portfolio composition analysis and in achieving asset allocation monitoring, investment policy statement quality and completeness
- Responsible for:
- Client Presentations (i.e. Asset Allocation and Performance Reporting)
- Investment Policy Statement Create, Update & Affirm
- Trading
- Account Re-balancing
- Daily Monitoring (Non-Policy / BAC / Client-Directed Sale, etc.)
- Compliance clean-ups
- Reg. 9
- Asset Allocation Monitoring, Portfolio Analysis and Stochastic Modeling
- Idea Generation
- Market & Platform Research
- Administrative dues as required
- Ensuring management of concentration documentation
- Assist in developing and/or delivering solution specific investment proposals
- Proactivity identify deepening opportunities while performing existing responsibilities and engaging in meaningful interactions
- Leverage experience and deep expertise to manage and/or execute client investment transactions
- Participate in Client Management Process (CMP) activities including supporting delivering a branded client experience and meaningful interactions
- Coordinate with Client Teams and partner to deliver an integrated service to the client and identify and resolve issues in an effective and timely manner
- Ensure adherence to all internal policies and compliance to legal and regulatory requirements
Qualifications:
- Minimum of 4-5 years’ experience with a financial institution focusing on high net worth client service and sales
- Ability to successfully complete assessment of critical skills
- BS/BA degree in Business, Finance, Economics or Law desired
Shift:
1st shift (United States of America)
Hours Per Week:
40
What are Bank of America perks and benefits
Paid maternity
Paid paternity
Paid adoptive
About the company
At Bank of America, we’re creating real, meaningful relationships with individuals, businesses and communities to help them focus on what matters most. Every day, we connect with 57 million customers, using our skills and expertise to help make their lives better.
We are committed to attracting and retaining top talent around the world to ensure we continue to deliver ...