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 Description:
The Chief Investment Office centrally manages model portfolios with approximately $340 billion in assets under management (AUM), spanning fixed income, equities, and multi-asset strategies for Financial Advisors and Private Bank Portfolio Managers. These model portfolios are designed to optimize the investment process by aligning with our investment outlook across strategic and tactical asset allocation, sector and security selection, and thematic investing.
The selected candidate will play a key role in scaling and improving workflows to accommodate future growth and expanding portfolios in the Chief Investment Office. Core responsibilities include delivering high-touch service and high-quality deliverables to portfolio managers and internal business partners, streamlining interactions among diverse systems, and developing innovative analyses, models, and tools that provide accessible insights to senior leaders and portfolio managers for timely decision-making.
• Support daily oversight of CIO-managed model portfolios, ensuring portfolios remain aligned with stated investment objectives and firm guidelines
• Develop and maintain tools, dashboards, and analytical frameworks to monitor portfolio exposures, performance, and risk metrics
• Collaborate with portfolio managers, analysts, and internal business partners to deliver high-quality insights and reports that support timely decision-making
• Identify opportunities to improve operational efficiency and implement process enhancements across portfolio oversight workflows
• Perform data analysis and develop code in R, Python, SQL, or Excel to support both Shiny applications and management reporting, leveraging modern development practices such as version control, unit testing, and CI/CD pipelines to ensure code quality and efficient deployment
• Leverage FactSet to manage model portfolios, analyze performance and risk with PA and SPAR, and build data pipelines via Portfolio Batcher and APIs
• Troubleshoot and resolve issues related to data quality, system integrations, or portfolio analytics
• Assist in preparing materials for senior leadership, articulating complex information in a clear and concise manner
• Contribute to risk management efforts by proactively identifying, escalating, and mitigating potential issues
• Participate in ad hoc projects and initiatives supporting the evolving needs of the Chief Investment Office
Required Qualifications:
• Degree from a competitive university in a quantitative field. Series 7 & 66 or ability to obtain within 120 days.
• Proven ability to think on your feet, adapt quickly to change, and take initiative
• Strong problem-solving skills and a passion for learning and acquiring new knowledge
• Excellent communication skills, both written and verbal, with the ability to articulate thoughts and complex ideas clearly, concisely, and simply
• Collaborative team player who embraces challenges and takes responsibility seriously
• Ability to multitask and work independently with minimal supervision
• Proficiency in coding with R, Python, or SQL; strong Excel data skills (such as Power Query) or Excel VBA experience are also valued
Desired Skills:
• 8+ years of relative financial experience
• Demonstrates strong risk awareness and proactively escalates concerns to maintain robust portfolio oversight
• Embraces continuous learning, shows intellectual curiosity, and adapts quickly in a dynamic environment
• Communicates clearly and tactfully, adjusting style to connect effectively with diverse stakeholders, including senior leaders
• Collaborates seamlessly across teams, building partnerships and contributing to shared goals
• Takes initiative and drives operational excellence by delivering timely, innovative solutions
• Possesses business acumen and understands asset allocation, portfolio construction, and manager selection, and how these contribute to portfolio performance
Minimum Education Requirement: Bachelor’s degree in related field or equivalent work experience
Shift:
1st shift (United States of America)Hours Per Week:
40Learn more about this role
Full time
JR-25030217
Manages People: No
Travel: Yes, 5% of the time
Age requirement: Must at least be 18 years of age.
New York pay range:
$126,000.00 - $253,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This 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.
Benefits
This 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.
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