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Type of Role: Investments

Experience Level: Analyst/Associate

Location: New York City, New York

Salary: $84K - $140K

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.

Responsibilities:

  • Support Private Wealth teams, Private Client Advisors (PCAs), Private Client Managers (PCMs), Trust Officers (TOs), and Portfolio Managers (PMs) in effectively communicating investment philosophy and range of investment and non-investment solutions and regularly participate in client and prospect meetings
  • Respond to client requests when Senior PMs are out of the office
  • Reg 9 meeting preparation
  • Recommend investment solutions to PM
  • Handle trade order entry for portfolio transactions & administration of custody account trades & performance
  • Ensure timely investment of funds into new accounts
  • Analyze and make appropriate AA recommendations to the PM
  • Partner with Senior PM to service existing book and to provide additional capacity for prospect meetings
  • Independently conduct portfolio review meetings with clients
  • Management of investments and asset allocation for small subset of Sr. PM’s book (less complex HNW portfolios)
  • Rebalance existing portfolios according to Private Bank AA guidelines
  • Attend various, business critical internal and team meetings
  • Create and build investment content for prospect presentations & investment reviews with existing clients

Skills and Qualifications:

  • A minimum of 3-5 years of experience in the financial services industry.
  • Knowledge of fiduciary and financial products and services
  • Strong communications skills, personal drive and initiative, and a high degree of professionalism. .
  • Undergraduate degree in Finance, Accounting, Economics or equivalent preferred as well as progress toward designations such as CPA, CFP, CFA, CIMA, CAIA and/or MBA.