Risk Portfolio Manager

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths
- whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‐specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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. 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 Minimum of 10 years of investment decision making and financial consulting experience working with high-net-worth and ultra-high net worth clients Has 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 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 xrdztoy usually acquired through training, seminars or law school Skills and experience in negotiating, delegating and leadership Superior client service and relationship management skills Bachelor's Degree in Finance, Accounting, Economics or related field or equivalent financial services/business experience Graduate Degree such as MBA or JD Holds appropriate credentials such as CPA, CFP and/or CFA designation The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience Client Investments Management Customer and Client Focus Investment Management Client Experience Branding Collaboration Data Quality Management High School Diploma / GED / Secondary School or equivalent Shift: 1st shift (United States of America)