MAA - Junior Portfolio Trading Specialist

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:
Managed Account Advisors (MAA) is an SEC Registered Investment Adviser that is responsible for the implementation of Investment Strategies across Bank of America Global Wealth Management. The Portfolio Trading Team’s primary function is to manage the MAA Third Party Manager Portal, create and route trades; which include, Global Equities, ETFs and Preferred Stocks. The junior portfolio trading specialist will be part of a team of dedicated investment professionals managing the implementation and trading of approximately $900B in total assets. This new hire will pay special attention to corporate actions as they impact the positions held on the platform.

Job Responsibilities:

• Overseeing all corporate action events
• Managing the MAA manager portal
• Trade creation and routing
• Liaison between Portfolio Manager's and Traders
• Fiduciary responsibility of striving for best execution on all transactions
• Gathering and disseminating market intelligence to appropriate parties
• Continuously interact with equity traders to promote collaboration and market awareness
• Managing and enhancing relationships with business partners across the firm
• Monitoring/managing intraday risk

Required Qualifications:

• Effective communication skills
• Work well under pressure
• Strong analytical skills
• Passion for investing
• Intellectually curious and strategic thinker
• Team player with strong multi-tasking and problem solving skills

Desired Qualifications:

• 2-5 years of relevant work experience
• Bachelor's Degree

Skills:

• Active Listening
• Administrative Services
• Attention to Detail
• Research
• Usability Testing
• Data Collection and Entry
• Issue Management
• Networking
• Project Management
• Reporting
• Agile Practices
• Process Design
• Recording/Organizing Information
• Technical Documentation
• Written Communications

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: