As a Private Wealth Investment Management Specialist at Bank of America, your role is pivotal in supporting Financial Advisors and Advisor Teams in executing effective investment management strategies. You’ll engage in thorough portfolio analysis, leveraging your expertise in diverse investment product areas to ensure alignment with client goals and risk profiles. This position offers a dynamic blend of responsibilities, from crafting holistic investment solutions to monitoring trade activities and preparing performance review reports. It’s a role that combines analytical rigor with a client centric approach providing opportunities to make a meaningful impact on clients’ financial well being.
Bank of America stands as a beacon of Responsible Growth, driven by a common purpose to improve financial lives through meaningful connections. With a rich legacy and a global presence, Bank of America offers a robust platform for professionals seeking a challenging yet rewarding career in the financial services industry.
The company’s commitment to diversity and inclusivity fosters a vibrant workplace culture where employees are empowered to thrive and contribute positively to their communities.
Bank of America’s emphasis on employee well being is reflected in its comprehensive benefits packages and investment in professional development making it an employer of choice for top talent.
Bank of America’s values are deeply rooted in responsible business practices, integrity and a commitment to making a positive difference in the world. The company’s Responsible Growth strategy is not just a mantra but a guiding principle that informs every decision and action.
This values driven approach extends to how Bank of America treats its employees, clients, shareholders and communities, creating a culture of trust, transparency and accountability. Employees at Bank of America are encouraged to embody these values in their daily work, fostering a collaborative and inclusive environment where diverse perspectives are valued and respected.
Working at Bank of America opens doors to a wealth of career growth opportunities. Whether you’re just starting your career or are an experienced professional, the company provides a supportive ecosystem for continuous learning and development. Through mentorship programs, training initiatives and access to cutting edge resources, employees have the chance to enhance their skills, expand their knowledge base and advance their careers within the organization. Bank of America’s global footprint and diverse business lines offer a breadth of possibilities for career progression and professional fulfillment.
Joining Bank of America means being part of a team that makes a tangible impact on people’s lives. As a Private Wealth Investment Management Specialist, your work directly influences clients’ financial success and long term prosperity.
By delivering tailored investment solutions providing insightful analysis and fostering strong client relationships, you play a crucial role in helping individuals and families achieve their financial goals. Moreover, Bank of America’s commitment to corporate social responsibility ensures that your contributions extend beyond the bottom line, contributing to a more sustainable and inclusive future for all stakeholders.
The role of Private Wealth Investment Management Specialists centers on bolstering the investment management philosophy of Financial Advisor(s) and/or Advisor Team(s) by executing portfolio analysis and providing expertise across various investment product domains. They ensure alignment of risk profiles, objectives and asset allocations with clients’ needs, delivering a comprehensive array of investment services while leveraging specialized tools and internal resources. Collaborating with in house experts, they craft holistic investment strategies tailored to clients’ goals and assist in generating performance review reports.
Skills Required
- Causation Analysis
- Financial Management
- Investment Management
- Trading Strategy
- Trading and Investment Analysis
- Portfolio Analysis
- Portfolio Management
- Price Verification and Valuation
- Trade Monitoring
- Trading
- Client Investments Management
- Client Solutions Advisory
- Financial Analysis
- Financial Forecasting and Modeling
- Wealth Planning
Role Requirements
- Either Series 7 and 66 licenses or Series 7, 63 and 65 licenses; all state registrations held by supported Financial Advisor(s) and Advisor Team(s) must be obtained
- Obtain and maintain at least one firm approved designation
Shift: 1st shift (United States of America)
Hours Per Week: 40
Qualifications
- Causation Analysis
- Financial Management
- Financial Forecasting and Modeling
- Either Series 7 and 66 licenses or Series 7, 63 and 65 licenses; all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support must be obtained
- Obtain and maintain at least one firm approved designation
Responsibilities
- Supporting Financial Advisor(s) and/or Advisor Team(s) in their investment management philosophy through portfolio analysis and expertise sharing across various investment products
- Ensuring proper alignment of risk profiles, goals, objectives and asset allocations for each client
- Delivering a comprehensive range of investment products and services aligned with client goals and strategies, leveraging specialized tools and expertise
- Collaborating with internal specialists to devise holistic investment solutions tailored to specific client needs
- Assisting in the preparation of client performance review reports to gauge progress towards goals
- Monitoring trades and investments to ensure compliance and effectiveness.
FAQ
1. What does a Private Wealth Investment Management Specialist do at Bank of America?
A Private Wealth Investment Management Specialist plays a key role in supporting Financial Advisors and Advisor Teams in managing clients’ investment portfolios. This involves conducting in depth portfolio analysis offering expertise across various investment products ensuring alignment with clients’ goals and risk profiles and preparing performance review reports. They also collaborate with internal specialists to develop comprehensive investment strategies tailored to clients’ needs.
2. What qualifications are required to become a Private Wealth Investment Management Specialist?
Candidates typically need to possess either Series 7 and 66 licenses or Series 7, 63 and 65 licenses along with obtaining all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support. Additionally, maintaining at least one firm approved designation is necessary. Skills such as causation analysis, financial management, investment management and portfolio analysis are highly valued for this role.
3. What opportunities for career growth and development does Bank of America offer?
Bank of America provides a conducive environment for career growth and development. Employees have access to mentorship programs, training initiatives and resources to enhance their skills and knowledge. The company’s global presence and diverse business lines offer ample opportunities for advancement within the organization allowing employees to progress in their careers and pursue their professional aspirations.
4. How does Bank of America support employee well being and work life balance?
Bank of America is committed to supporting employee well being and promoting work life balance. The company offers competitive benefits packages that address physical, emotional and financial wellness. Flexible work arrangements are available based on roles and responsibilities, ensuring employees can manage their professional and personal commitments effectively. Moreover, initiatives such as diversity and inclusion programs contribute to a positive and inclusive workplace culture.
5. What values and principles guide Bank of America’s approach to Responsible Growth?
Bank of America’s approach to Responsible Growth is guided by values such as integrity, accountability and making a positive impact. The company prioritizes responsible business practices, ethical conduct and transparency in its operations. Through initiatives focused on environmental sustainability, community engagement and social responsibility, Bank of America aims to create long term value for its stakeholders while contributing to a more sustainable and equitable future.
