Portfolio Manager III
On-site · Richmond, Virginia, United States
Job Summary
Portfolio Manager III at Bank of America oversees discretionary portfolios for high-net-worth clients, designing and implementing customized investment strategies. Responsibilities include evaluating, designing, constructing, managing, and monitoring all aspects of discretionary portfolio management: asset allocation, portfolio construction, security/manager selection, trade execution, risk management and compliance, investment reviews, and proactive client communication. Works with teammates to deliver integrated solutions across equities, fixed income, alternative investments, and specialty asset management. Engages with clients to review investment performance and market changes, staying up-to-date on recommendations from the Chief Investment Office and current economic trends. Develops meaningful client relationships with the highest level of care, skill, diligence, and ethics, and mentors associates. Requires substantial experience in wealth management/financial services and a strong foundation in fiduciary standards, investment products, and regulatory considerations.
Required Qualifications
- 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 usually acquired through training, seminars or law school
- Skills: Advisory Client Investments Management Customer and Client Focus Investment Management Presentation Skills Active Listening Analytical Thinking Attention to Detail Client Experience Branding Valuation Ethics and Practice Standards Collaboration Critical Thinking Data Quality Management Trading Written Communications
- Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Apply with one swipe on Sorce. We auto-fill applications and apply on your behalf — no cover letters, no 40-minute forms.
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.