Portfolio Analyst - Raleigh, NC
Bank Of America - Raleigh, NC

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Job Description

The Portfolio Manager Associate is charged with assisting a team of Portfolio Managers in providing integrated investment advice and portfolio management services to high net worth clients. A team player with excellent communication skills, computer proficiency and high level of professionalism. Must have an undergraduate degree in Finance, Accounting, Economics or equivalent.
  • Create asset allocation studies utilizing data collected in the client profiling process; verify/test assumptions and constraints; confirm findings through iterative ratification process with the PM.

  • Ensure knowledge of entire investment solution suite; recommend investment solutions to PM for client use based upon clients' needs and constraints.

  • Monitor/facilitate account set up resulting in error free account set up process; ensure timely account set up and investment of funds.

  • Re-balance portfolio due to liquidity needs, bond maturities, excess cash, buy/sell implementation, tax loss harvesting, investment recommendation implementation - deployment of cash liquidation of positions.

  • Handle trade order entry for portfolio transactions, and administration of custody account trades and performance.

  • Reg. 9 meeting preparation, review exceptions and recommend strategy to resolve exceptions.

  • Prepare meeting materials; generate research materials - proprietary, economic commentary and Bloomberg etc. as needed for client and prospect meetings.

  • Respond to client requests when PMs are out of office.

  • Team with Portfolio Management Assistant(s) to ensure consistent support for the PM team.

  • 3+ years of investment experience in a client facing role. 1+ year of asset allocation experience.
Qualifications
Required Skills
  • 3+ years of investment experience in a client facing role
  • 1+ year of asset allocation experience
  • A team player with excellent communication skills, computer proficiency and high level of professionalism.
  • Proficiency in MS Office applications, with advanced knowledge of Excel and PowerPoint a strong plus.
  • Strong organizational skills and initiative with systematic follow-up.
  • Must have an undergraduate degree in Finance, Accounting, Economics or equivalent; capable and committed to pursuing CPA, CFP, CFA and or MBA.

Desired Skills
  • Knowledge of the First Rate, Portview, Reg 9 and PACE technology systems.
  • Bloomberg and/or Morningstar experience

Bank of America - 17 months ago - save job
About this company
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Bank of America Corporation is a bank holding company. Through its banking subsidiaries (the Banks) and various non-banking subsidiaries...