Investment Strategist I

Job Description:

As part of the Chief Investment Office (CIO) Portfolio Management team, the Quantitative Analyst is responsible for automating and enhancing processes via programming and analytical tools. Working with the team, the Quantitative Analyst will support production of performance and trade analysis, commentary collateral for the CIO's centrally-managed portfolios, and other ad hoc projects.

Business Overview
Bank of America Global Wealth & Investment Management (GWIM) provides comprehensive wealth management to affluent and high-net-worth clients. It also provides retirement and benefit plan services, philanthropic solutions and asset management to individuals and institutions. Clients have access to a range of services offered through Merrill Lynch, Private Banking & Investments Group, U.S. Trust Bank of America Private Wealth Management and Retirement & Personal Wealth Solutions.

The GWIM Chief Investment Office (CIO) supports clients by providing financial advisors with the comprehensive expertise needed to help clients pursue their goals. This expertise includes ongoing oversight of their Investment Strategy, Implementation Guidance, and Portfolio Administration.

Job Description: 

• Create and enhance automated processes by using programming languages and analytical tools, such as enhancement of existing trade process management and trading platforms using Excel VBA

• Create efficient automation processes that can be managed by others in the team. Properly document code, provide instructions, and train other associates to take over once the project once completed

• Extract large data sets from a variety of data sources including SQL database, FactSet, Morningstar, or Bloomberg to then process and manipulate for further analysis while assuring data quality

• Leverage strong coding skills (e.g. Python/R) for investment analysis, data visualization, modeling, and creating user friendly tools and dashboards

• Gather data and perform analytics as needed (investment analysis, portfolio analysis, ad hoc requests)

• Manage discrete components of collateral activities

• Knowledge of relevant quantitative methods, performance attribution, and portfolio construction

• Knowledge of markets and CIO views and portfolio implications

• Expand knowledge of quantitative analysis, portfolio construction and markets

• Conduct/participate in meetings with internal Compliance and Marketing partners

• Provide effective project management and leadership for all collateral production (ad hoc, monthly, quarterly frequencies)

• Measure effectiveness and produce reports of accomplishments and business impact

• Coordinate and foster collaborative relationships within the group

• Develop strong, effective relationships with business partners

Qualifications:

• 3 years of applicable working experience and a Bachelor's degree preferably in technical degrees, such as Computer Science, Engineering, Statistics, or Math

• Proficient in Excel VBA, working knowledge of Python/R/SQL

• Knowledge and coding experience in Excel VBA, Python, and/or MATLAB preferred

• Experience in manipulating large data sets, data analysis, implementing analytical methods such as single and multi-factor regression

• CFA or progress towards a CFA is a plus

• Desired skills: Strong interpersonal skills/ Attention to detail / Proficient Writer and Communicator / Skilled in Performance Reporting and Attribution / Familiarity with Investments including ETFs and Mutual Funds / Working knowledge of MS Office (advanced Excel skills preferred), Bloomberg, Morningstar and/or FactSet, MPI Stylus

• Series 7, 63/65 OR 66 or the ability to gain license within 120 days is required

• Excellent communications, writing and editing capabilities

• Project leadership skills, including a demonstrated ability to lead multi-functional project teams to drive to concrete results and actions

• Proven effectiveness in fast-paced environment; ability to manage within tight deadlines

• Ability to manage multiple projects concurrently

• Develop strong, effective relationships with key business partners

• Superior organizational skills, creativity, and attention to detail

• Excellent interpersonal skills; strong relationship building

• Skill in developing new ideas and new approaches to old ideas

• Professional maturity to effectively interface with senior management

• High proficiency in Microsoft Office Suites, including PowerPoint; other desktop skills or willingness to learn preferred​

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