Team Leader

Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

 Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

Wealth Management is aligned to the Global Wealth and Investment Management (GWIM) segment of Bank of America. It assists onshore (US) Portfolio Managers and Investment Strategists working for Bank of America Private Bank, Chief Investment Office (CIO) and Investment Solutions Group (ISG) with respect to Investments and Wealth Management related work.

Job Description*

(Provide a high level overview of the role and scope of responsibilities)

The nature of work involves portfolio administration encompassing client presentations, performance measurement, updating contractual agreements on internal tools; as well as performing research work (both equities and fixed income) alongside working on adhoc work requests. Market data tools like Bloomberg, FactSet and MorningStarDirect alongside other internal and external tools are extensively used to produce various reports

Responsibilities*

• The candidate would be supporting various Line of Businesses within Investment Solutions Group (ISG), Bank of America Private Bank and Chief Investment Office (CIO) which varies from but are not limited to PMs (Portfolio Managers), PMAs (Portfolio Manager Assistants), Investment Strategists and Investment Supervision Managers/Executives
• The candidate would be expected to provide support in areas related to CIO Portfolios and Due Diligence, Thought Leadership, Investment Products, AI Content Management, SAM Client Reporting, MAA Analytics, Periodic Portfolio Performance Reporting, Investment Proposals & Portfolio Analytics, Investment Oversight and Reporting, Institutional Strategists Support and among other similar activities.
• The candidate would be required to work on portfolio administration work that spans across Client Presentations, Portfolio Performance, Wealth Planner Reports and Proposals, Manager Blends and Manager Comparisons; and Overlap Analysis among other similar activities
• The candidate would also be expected to produce adhoc reports as well as perform research based activities across equities and fixed income on a need basis. Working familiarity with tools like Bloomberg, Factset and Morningstar would be an advantage
• Other responsibilities would involve need based interaction with our onshore business partners – PMs / PMAs, Investment Strategists, Performance Analysts or Line of Business.
• Ensure to adhere to predefined parameters in terms of quality and timeliness of work and exceed
• Expected to actively participate in key process improvement/operational initiatives

Education*

Graduate / Postgraduate / MBA / ICFP / CFA

 Certifications If Any

Experience Range*

Over 5 Years of experience in Portfolio Management or Wealth Advisory Services

 Foundational skills*

• Knowledge of Wealth & Portfolio Management
• Good verbal and written communication skills

 Desired skills

• Should possess a sound understanding of Capital Markets and Investment Management.
• Knowledge of VBA, Macros, Sharepoint and Database Management
• Conversant with Data tools like Bloomberg, Factset, Morningstar

Work Timings*

13:30 / 14:30 To 22:30 / 23:30

Job Location*

Hyderabad