Portfolio Manager II

Company: Disability Solutions
Location: Chicago
Posted on: June 1, 2025

Job Description:

Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Summary:Responsible for executing investment programs designed to achieve the objectives of a group of client accounts. Implements policies and programs approved by management. Assists senior manager with major accounts. Works under the direction of management or senior portfolio managers.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.Responsibilities include but are not limited to:* 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 Qualifications:* A minimum of 5 years of investment decision making and financial consulting experience working with high net worth clients and ultra-high net worth clients.* 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.* 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.Desired Qualifications:* Undergraduate degree in Finance, Accounting, Economics or equivalent financial services/business experience preferred as well as hold appropriate credentials such as CPA, CFP and or CFA designation preferred.* A graduate degree such as MBA or JD preferred* The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience.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 CommunicationsMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalentShift:1st shift (United States of America)Hours Per Week: 40Pay Transparency detailsUS - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)Pay and benefits informationPay range$96,700.00 - $162,200.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.BenefitsThis role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Keywords: Disability Solutions, Mount Prospect , Portfolio Manager II, Accounting, Auditing , Chicago, Illinois