Portfolio Manager III
Company: Disability Solutions
Location: Raleigh
Posted on: April 20, 2024
Job Description:
Job Description:At Bank of America, we are guided by a common
purpose to help make financial lives better through the power of
every connection. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day.One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Job Description:This job is responsible for
working with complex, high-net-worth investors to create customized
investment strategies. Key responsibilities include evaluating,
designing, constructing, managing, and monitoring all aspects of
discretionary portfolio management including asset allocation,
portfolio construction, security/manager selection, trade
execution, risk management and compliance, investment reviews, and
proactive client communication. Job expectations include helping
teams to drive client retention and business development, while
mentoring associates.Responsibilities:
- Works to understand the client's situation and circumstances to
develop and recommend an investment strategy tailored to their
unique goals and objectives
- Manages all aspects of the client's investment portfolio
including asset allocation, portfolio construction,
security/manager selection, trade execution, risk management and
compliance, and investment reviews
- Collaborates with teammates to deliver the bank's full array of
integrated solutions, such as equities, fixed income, alternative
investments, and Specialty Asset Management as appropriate
- Engages with clients to review investment performance and
anticipated market changes based on economic and industry
analysis
- Stays up-to-date on recommendations from the Chief Investment
Office, current market conditions, and economic trends to
anticipate and mitigate investment risks
- Develops meaningful relationships with clients, while
demonstrating the highest care, skill, diligence, and
ethicsRequired Qualifications:* A minimum of 10-15 years of
investment decision making and financial consulting experience
working with high net worth clients and ultra-high net worth
clients.* This individual will have held positions of increasing
responsibility with an established and prestigious financial
services firm, most likely in a wealth management, private banking
and/or trust field.* Knowledge of fiduciary and financial products
and services required through extensive related work experience.*
Broad-based technical knowledge of investments, tax, legal and
operations necessary to service clients.* Knowledge of fiduciary
standards, principles and applicable laws and regulations usually
acquired through training, seminars or law school.* Skills and
experience in negotiating, delegating, leadership, superior client
service and relationship management skills required.Desired
Qualifications:* Undergraduate degree in Finance, Accounting,
Economics or equivalent financial services/business experience
preferred as well as hold appropriate credentials such as CPA, CFP
and or CFA designation.* A graduate degree such as MBA or JD
preferred* The ideal candidate will bring an appropriate mix of
financial services expertise, management and business development
experienceSkills:
- Advisory
- Client Investments Management
- Customer and Client Focus
- Investment Management
- Presentation Skills
- Active Listening
- Analytical Thinking
- Attention to Detail
- Client Experience Branding
- Valuation Ethics and Practice Standards
- Collaboration
- Critical Thinking
- Data Quality Management
- Trading
- Written CommunicationsShift:1st shift (United States of
America)Hours Per Week: 40
Keywords: Disability Solutions, Cary , Portfolio Manager III, Executive , Raleigh, North Carolina
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