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Portfolio Manager III

Expired Job

Bank Of America Corporation Dallas , TX 75201

Posted 4 months ago

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.

Posting Date: 09/05/2018

Location: Dallas, TX, PARK CITIES OFFICE, 5500 Preston Rd, - United States

Travel: Yes, 10% of the time

Full / Part-time: Full time

Hours Per Week: 40

Shift: 1st shift


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Portfolio Manager III

Expired Job

Bank Of America Corporation