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Investment Management Specialist

Chicago, Illinois

Job Description:

Role Responsibilities

  • Analyze and understand Merrill and third party research

  • Monitor and respond to market and non-financial current events

  • Effectively navigate proprietary planning and investment management tools

  • Deliver investment management, including but not limited to investment proposal, CRC, etc.

  • Monitor and analyze book pricing internally for FA team

  • Convey pricing to ensure client's understanding of the value of advice and accompanying solutions

  • Deep understanding of the CIO philosophy & ongoing monitoring of strategy changes based on current market environment

  • Monitor and manage client portfolios to align with client goals, objectives, risk tolerance and time horizons

  • Research portfolio recommendations for Investment Committee review

  • Prepare materials and coordinate weekly Investment Committee meetings

  • Proactively review and manage team proprietary models to align with the Investment Committee decisions

  • Manage ML One variances/enrollments/updates/withdrawals/terminations

  • Serve as Primary/Lead Team Member for processing PIA trades in Portfolio

  • Processing of all trades (discretionary or non-discretionary)

  • Create analytical reports for FAs to review client investment portfolio performances against market returns

  • Propose client recommendations/changes based on client goals, risk tolerance, time horizon and objectives

Qualifications

  • Series 7, 63/65 or 66 or equivalent; must obtain all state registrations in support of Financial Advisor(s) and Advisor Team(s)  If Series 7, 63/65 or 66 or equivalent are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.

  • SAFE ACT Registration; ADV-2B Required

  • Obtain and/or 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

***Please be advised that under current company policy, Merrill Lynch does not sponsor a visa petition or other work authorization, nor will the company provide relocation assistance, for this position.

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Role Responsibilities

  • Analyze and understand Merrill and third party research

  • Monitor and respond to market and non-financial current events

  • Effectively navigate proprietary planning and investment management tools

  • Deliver investment management, including but not limited to investment proposal, CRC, etc.

  • Monitor and analyze book pricing internally for FA team

  • Convey pricing to ensure client's understanding of the value of advice and accompanying solutions

  • Deep understanding of the CIO philosophy & ongoing monitoring of strategy changes based on current market environment

  • Monitor and manage client portfolios to align with client goals, objectives, risk tolerance and time horizons

  • Research portfolio recommendations for Investment Committee review

  • Prepare materials and coordinate weekly Investment Committee meetings

  • Proactively review and manage team proprietary models to align with the Investment Committee decisions

  • Manage ML One variances/enrollments/updates/withdrawals/terminations

  • Serve as Primary/Lead Team Member for processing PIA trades in Portfolio

  • Processing of all trades (discretionary or non-discretionary)

  • Create analytical reports for FAs to review client investment portfolio performances against market returns

  • Propose client recommendations/changes based on client goals, risk tolerance, time horizon and objectives

Qualifications

  • Series 7, 63/65 or 66 or equivalent; must obtain all state registrations in support of Financial Advisor(s) and Advisor Team(s)  If Series 7, 63/65 or 66 or equivalent are not currently held, must be obtained within a specified timeframe to be eligible for Specialist position.

  • SAFE ACT Registration; ADV-2B Required

  • Obtain and/or 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

***Please be advised that under current company policy, Merrill Lynch does not sponsor a visa petition or other work authorization, nor will the company provide relocation assistance, for this position.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21021960

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
110 N Wacker Dr, IL, Chicago, 60606