26 days old

Portfolio Manager III

Houston, TX 77007
Portfolio Manager III



Houston, Texas



**Job Description:**



The Portfolio Manager is the investment quarterback of the client relationship and is responsible for evaluating, designing and overseeing all aspects of the portfolio construction including manager selection.



Act as Investment quarterback of client relationship by evaluating, designing and overseeing all aspects of portfolio construction including manager selection.

Oversee completion of investment policy statement.

Act as a technical/industry expert in managing complex individual and family client relationships for clients who desire a sophisticated investment program, including, manager selection, type of vehicle, including traditional, alternative, and derivative solutions.

Support PC teams in effectively communicating to prospects our business culture, investment philosophy and range of investment and non-investment solutions that are relevant to the prospect and or existing clients.

Develop and recommend strategies to achieve the investment goals of clients.

Meet with clients to review investment performance and forecast market changes based on economic and industry analysis, including objectives and asset allocation models, ensuring current allocations are appropriate.

Conduct all aspects involved with managing portfolios, including executing all trades, maintaining investment action plans, monitoring and addressing overdrafts, conducting Reg. 9 investment reviews, and documenting account activities and client interaction.

Support revenue growth of the market by meeting individual investment management, credit and deposit goals.

May be responsible for developing and marketing specialized asset allocation products and services.

Supervising, mentoring and coaching more junior staff.



**Required skills:**

- 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.



**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.

- The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience.

- 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.

- Undergraduate degree in Finance, Accounting, Economics or equivalent preferred as well as hold appropriate credentials such as CPA, CFP and or CFA designation.

- A graduate degree such as MBA or JD preferred.



**Job Band:**



H4



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



**Weekly Schedule:**



**Referral Bonus Amount:**



2500



**Job Description:**



The Portfolio Manager is the investment quarterback of the client relationship and is responsible for evaluating, designing and overseeing all aspects of the portfolio construction including manager selection.



Act as Investment quarterback of client relationship by evaluating, designing and overseeing all aspects of portfolio construction including manager selection.

Oversee completion of investment policy statement.

Act as a technical/industry expert in managing complex individual and family client relationships for clients who desire a sophisticated investment program, including, manager selection, type of vehicle, including traditional, alternative, and derivative solutions.

Support PC teams in effectively communicating to prospects our business culture, investment philosophy and range of investment and non-investment solutions that are relevant to the prospect and or existing clients.

Develop and recommend strategies to achieve the investment goals of clients.

Meet with clients to review investment performance and forecast market changes based on economic and industry analysis, including objectives and asset allocation models, ensuring current allocations are appropriate.

Conduct all aspects involved with managing portfolios, including executing all trades, maintaining investment action plans, monitoring and addressing overdrafts, conducting Reg. 9 investment reviews, and documenting account activities and client interaction.

Support revenue growth of the market by meeting individual investment management, credit and deposit goals.

May be responsible for developing and marketing specialized asset allocation products and services.

Supervising, mentoring and coaching more junior staff.



**Required skills:**

- 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.



**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.

- The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience.

- 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.

- Undergraduate degree in Finance, Accounting, Economics or equivalent preferred as well as hold appropriate credentials such as CPA, CFP and or CFA designation.

- A graduate degree such as MBA or JD preferred.



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-22036831



Band: H4



Manages People: No



Travel: No



Manager:



Talent Acquisition Contact:



Leila Pullen



Referral Bonus:



2500



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 Americas Drug-free workplace and alcohol policy, CLICK HERE .

Industry

  • Banking / Finance
Posted: 2022-04-22 Expires: 2022-06-04

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


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Portfolio Manager III

Bank of America
Houston, TX 77007

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