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Job Information

Bank of America Investment Management Specialist in New York, New York

Investment Management Specialist

New York, New York

Job Description:

The Investment ManagementSpecialistis responsible for supporting the Financial Advisor(s) and/or AdvisorTeam(s)overallinvestmentmanagement philosophy through executing on portfolio analysis and sharing expertise in a wide range of investment product areas. Ensure risk profiles, goals, objectives and asset allocations are aligned and reflectedproperlyfor each client. Deliver full range of investment products andservicesacross the enterprise ensuringalignmentto client goals and strategies while leveraging specialists and applicable investment managementtoolswhere appropriate. Partner withinternalspecialists todeliverholistic investment solutions by identifying targeted investment strategies. Assist in the preparation ofclient performance review reportsto measureprogressto goals.

Role Responsibilities

•Analyze and understand Merrill and third partyresearch

•Monitor and respond to market and non-financial currentevents

•Effectively navigate proprietary planning and investment management tools

•Deliver investment management, including but not limited to investment proposal, CRC, etc.

•Monitor and analyze book pricing internally for FA team

•Convey pricing to ensure client's understanding of the value of adviceandaccompanyingsolutions

•Deep understanding of the CIO philosophy & ongoing monitoring of strategy changes based on current marketenvironment

•Monitor and manage client portfolios to align with client goals, objectives, risk tolerance and timehorizons

•Research portfolio recommendations for Investment Committeereview

•Prepare materials and coordinate weekly InvestmentCommitteemeetings

•Proactively review and manage team proprietary models to align with the InvestmentCommitteedecisions

•Manage ML Onevariances/enrollments/updates/withdrawals/terminations

•Serveas Primary/LeadTeamMember forprocessing PIA trades in Portfolio

•Processing of all trades (discretionary ornon-discretionary)

•Create analytical reports forFAstoreviewclient investment portfolio performancesagainstmarketreturns

•Propose client recommendations/changes based on client goals, risk tolerance, timehorizonandobjectives

Qualifications

•Series7, 63/65 or 66 or equivalent; mustobtainall state registrations in support of Financial Advisor(s) and AdvisorTeam(s) If Series7, 63/65 or 66 or equivalentare not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.

•SAFEACT Registration; ADV-2BRequired

•Obtainand/or maintain at least one firm approved designation

•Possessand demonstrate strong communicationskills

•Thorough knowledge and understanding of thesuiteof Wealth Management products andservices

•Stronganalytical andportfoliomanagement skills with the ability to identify trends and implementinvestmentstrategies to increase growth andmitigate risk

•Ability to make sound decisions by having a deep understanding of investment managementbestpractices andpolicies/procedures

•Ability to identify client needs and concerns, and articulate appropriate approach to align solutions to goals in asuitableandcontrolledway

Job Band:

H5

Shift:

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Investment ManagementSpecialistis responsible for supporting the Financial Advisor(s) and/or AdvisorTeam(s)overallinvestmentmanagement philosophy through executing on portfolio analysis and sharing expertise in a wide range of investment product areas. Ensure risk profiles, goals, objectives and asset allocations are aligned and reflectedproperlyfor each client. Deliver full range of investment products andservicesacross the enterprise ensuringalignmentto client goals and strategies while leveraging specialists and applicable investment managementtoolswhere appropriate. Partner withinternalspecialists todeliverholistic investment solutions by identifying targeted investment strategies. Assist in the preparation ofclient performance review reportsto measureprogressto goals.

Role Responsibilities

•Analyze and understand Merrill and third partyresearch

•Monitor and respond to market and non-financial currentevents

•Effectively navigate proprietary planning and investment management tools

•Deliver investment management, including but not limited to investment proposal, CRC, etc.

•Monitor and analyze book pricing internally for FA team

•Convey pricing to ensure client's understanding of the value of adviceandaccompanyingsolutions

•Deep understanding of the CIO philosophy & ongoing monitoring of strategy changes based on current marketenvironment

•Monitor and manage client portfolios to align with client goals, objectives, risk tolerance and timehorizons

•Research portfolio recommendations for Investment Committeereview

•Prepare materials and coordinate weekly InvestmentCommitteemeetings

•Proactively review and manage team proprietary models to align with the InvestmentCommitteedecisions

•Manage ML Onevariances/enrollments/updates/withdrawals/terminations

•Serveas Primary/LeadTeamMember forprocessing PIA trades in Portfolio

•Processing of all trades (discretionary ornon-discretionary)

•Create analytical reports forFAstoreviewclient investment portfolio performancesagainstmarketreturns

•Propose client recommendations/changes based on client goals, risk tolerance, timehorizonandobjectives

Qualifications

•Series7, 63/65 or 66 or equivalent; mustobtainall state registrations in support of Financial Advisor(s) and AdvisorTeam(s) If Series7, 63/65 or 66 or equivalentare not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.

•SAFEACT Registration; ADV-2BRequired

•Obtainand/or maintain at least one firm approved designation

•Possessand demonstrate strong communicationskills

•Thorough knowledge and understanding of thesuiteof Wealth Management products andservices

•Stronganalytical andportfoliomanagement skills with the ability to identify trends and implementinvestmentstrategies to increase growth andmitigate risk

•Ability to make sound decisions by having a deep understanding of investment managementbestpractices andpolicies/procedures

•Ability to identify client needs and concerns, and articulate appropriate approach to align solutions to goals in asuitableandcontrolledway

Shift:

1st shift (United States of America)

Hours Per Week:

40

Learn more about this role

Full time

JR-21057659

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Karla Benton

Referral Bonus:

0

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .

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