Bank of America Corporation

Private Wealth Investment Management Specialist

Bank of America Corporation$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Series 7, 63/65 or 66 or equivalent required; must obtain state registrations for supported Financial Advisor Team(s).
  • SAFE Act Registration mandatory; ADV-2B is required.
  • Must retain at least one approved designation from the firm.
  • Excellent communication skills essential.
  • In-depth knowledge of Wealth Management products and services is necessary.
  • Strong analytical skills for portfolio management, identifying trends, and implementing strategies for growth and risk mitigation.
  • Ability to assess client needs and align solutions with their investment goals.

Responsibilities

  • Develop investment strategy through comprehensive portfolio analysis.
  • Acquire deep knowledge of a diverse range of investment products.
  • Deliver a comprehensive suite of investment products and services across the organization.
  • Prepare and present detailed client performance review reports.
  • Collaborate with internal specialists to provide integrated investment solutions.

Benefits

  • Opportunity to work with a diverse range of investment products.
  • Engagement in a collaborative team environment through partnerships with internal specialists.
  • Potential for career growth through the acquisition of required licenses and designations.
Full Job Description
Job Description:

This job is responsible for defining the Financial Advisor and Advisor team's overall investment management philosophy. Key responsibilities include ensuring client goals and risk profiles are aligned with the chosen asset allocation. Job expectations include partnering with internal specialists, delivering investment solutions via targeted investment strategies, and preparing and presenting client performance reports.

This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities:
  • Develops the group's investment strategy through the development of portfolio analysis
  • Develops extensive expertise in a wide range of investment product areas
  • Delivers a full range of investment products and services from across the enterprise
  • Develops extensive expertise in a wide range of investment product areas
  • Prepares and presents client performance review reports
  • Partners with internal specialists to deliver holistic investment solutions


Required Qualifications:
  • Series 7, 63/65 or 66 or equivalent; must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support
  • SAFE Act Registration; ADV-2B Required
  • Must maintain at least one firm approved designation
  • Possess and demonstrate strong communication skills
  • Thorough knowledge and understanding of the suite of Wealth Management products and services
  • Strong analytical and portfolio management skills with the ability to identify trends and implement investment strategies to increase growth and mitigate risk
  • Ability to make sound decisions by having a deep understanding of investment management best practices and policies/procedures
  • Ability to identify client needs and concerns and articulate appropriate approach to align solutions to goals in a suitable and controlled way


Skills:
  • 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


Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy

Shift:
1st shift (United States of America)

Hours Per Week:
40

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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