Ultra High Net Worth Portfolio Strategist jobs at Bank Of America in United States, New York

Responsibilities:

• Develop relationships with UHNW focused Financial Advisors in assigned territory to educate on team’s capabilities and the value proposition of the UHNW Portfolio Strategies and Analyst.
• Strategize with those Advisors on how to approach deepening existing UHNW client relationships in their book and how to present full suite of solutions to prospective clients, Lead the portfolio construction process for new money opportunities with UHNW clients and prospects.
• Deliver investment expertise that begins with robust client discovery leading to custom asset allocation, multi asset portfolio construction and traditional and alternative investment manager selection.
• Engage advisors to deliver our enterprise-wide solutions that meet their clients’ needs, Partner and collaborate with enterprise Specialists to ensure full scope of the client’s wealth needs are met.
• Partner with local Merrill Market Executives to deliver value add content to advisors

Qualifications:

• 10+ years’ experience in financial services industry
• 5+ years’ sales experience
• Knowledge of traditional and Alternative Investments products
• Ability to work under pressure, meet deadlines and meet clearly defined measurements
• Strong communication, interaction and presentation skills required
• Self-motivated, adaptive, positive attitude and high energy are a must, display a passion for achieving aggressive goals in innovative and highly professional way
• Series 7 and 63/65 pt 66 required
• Advanced credentials like CFA®, CPWA®, CIMA® preferred

Desired Qualifications:

Portfolio Construction and Analysis, Presentation Skills, Financial Markets expertise, Pipeline Management, Wealth Planning, Liability Management

Skills:

• Market Analysis
• Portfolio Management
• Wealth Planning
• Analytical Thinking
• Client Investments Management
• Client Solutions Advisory
• Networking
• Strategic Thinking
• Business Acumen
• Collaboration
• Critical Thinking
• Oral Communications

Job Description:

This job is responsible for developing and delivering complex requirements to accomplish business goals. Key responsibilities of the job include ensuring that software is developed to meet functional, non-functional and compliance requirements, coding solutions, unit testing, and ensuring the solution can be integrated successfully into the overall application/system with clear, robust, and well-tested interfaces. Job expectations include an awareness of development and testing practices in the industry.

Responsibilities:

• Codes solutions and unit test to deliver a requirement/story per the defined acceptance criteria and compliance requirements
• Utilizes multiple architectural components (across data, application, business) in design and development of client requirements
• Performs Continuous Integration and Continuous Development (CI-CD) activities
• Contributes to story refinement and definition of requirements
• Participates in estimating work necessary to realize a story/requirement through the delivery lifecycle
• Contributes to existing test suites (integration, regression, performance), analyze test reports, identify any test issues/errors, and triage the underlying cause
• Performs spike/proof of concept as necessary to mitigate risk or implement new ideas

Required Qualifications

Desired Qualifications

Skills:

• Application Development
• Automation
• Collaboration
• DevOps Practices
• Solution Design
• Agile Practices
• Architecture
• Result Orientation
• Solution Delivery Process
• User Experience Design
• Analytical Thinking
• Data Management
• Risk Management
• Technical Strategy Development
• Test Engineering

Job Description:

The VP Sales and Trading TDS develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions. The position liaises closely with the Bank's other operations in Canada, Europe, and the U.S. to assist in meeting the Bank's objectives.

Role Responsibilities:

• Conduct in-depth research and analysis of global foreign exchange markets, G10 and EM, identifying trends, and providing strategic insights to guide investment decisions

• Develop and execute global FX trading strategies, taking into account market dynamics, economic indicators, and geopolitical events

• Collaborate with traders, sales teams, and clients to provide real-time analysis, updates, and recommendations on FX market developments

• Utilize strong quant skills to build and enhanceFX models and tools, integrating data analysis and new techniques into existing the FX strategy framework

• Develop and implement forecasting models to predict currency movements, market volatility, and macroeconomic trends

• Assist in the development and execution of hedging strategies to manage currency exposure and mitigate risk for the bank and its clients

• Monitor and assess the impact of macroeconomic factors on currency movements and FX-based portfolio performance

• Stay up-to-date with industry news, regulations, and technological advancements, ensuring the bank remains at the forefront of FX strategy

Depth & Scope:

• Position liaises closely with the Banks other operations in Canada, Europe and the U.S. to assist in meeting the Banks objectives

• Develops an institutional investor base in the U.S. to fund the Bank and to place U.S. and Canadian money market positions

• Strict adherence personally and at a desk level to the firm's procedures

• Understands and complies with TD Policies, regulatory and compliance requirements

• Ensures that transactions are fully documented and processed accurately and in a timely manner

• Communicates bank policy information and strategy between the product head and relevant trading personnel

• Fully informed on market data, economic information and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound trading decisions

• Develops and maintains contacts

• Responsible for executing the ongoing trading exception report reviews for Money Markets Sales NY

• Understands the approved Business Strategies (Strategic Business Reviews SBRs), applicable to the business, and ensures that all of your business dealings are in alignment with these strategies

• Follows Credit Risk Policies and procedures, as they apply to the business and is responsible for being aware of and understanding such policies and procedures and ensuring that applicable sales and trading activity is in line with those policies

• Demonstrates governance, control and risk management behaviors in alignment with TD policies and practices

Education & Experience:

• Undergraduate degree in Business (Accounting or Finance) orMathematics/Economics.

• Series 7 and 63

• 5-7 Years of related experience

• Must be detail oriented and possess problem-solving skills

• Must be able to work independently with minimal supervision and establish priorities

• Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management

Preferred Qualifications:

• Graduate degree in economics, finance, or international affairs if coursework focuses on economics and policy. PhD is nice to have but not required.

• Experience writing and publishing thematic research content in FX

• Proficiency in Python (strong experience with VBA, Excel and spreadsheet-based analysis)

• Interest to learn and/or basic understanding of stochastic calculus, machine learning and data science

• Deep understanding of economic theory, principles and econometrics

• Strong experience with Bloomberg or Macrobond preferred

• Good team player with excellent mathematical, verbal and written communication skills

• Ability to work in a fast-paced environment under strict deadlines, ability to adopt to changing environment with a creative mindset

• 3-5 years’ work experience in the buy or sell-side in the strategy, research or analysis roles

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel – Occasional

• International Travel – Never

• Performing sedentary work – Continuous

• Performing multiple tasks – Continuous

• Operating standard office equipment - Continuous

• Responding quickly to sounds – Occasional

• Sitting – Continuous

• Standing – Occasional

• Walking – Occasional

• Moving safely in confined spaces – Occasional

• Lifting/Carrying (under 25 lbs.) – Occasional

• Lifting/Carrying (over 25 lbs.) – Never

• Squatting – Occasional

• Bending – Occasional

• Kneeling – Never

• Crawling – Never

• Climbing – Never

• Reaching overhead – Never

• Reaching forward – Occasional

• Pushing – Never

• Pulling – Never

• Twisting – Never

• Concentrating for long periods of time – Continuous

• Applying common sense to deal with problems involving standardized situations – Continuous

• Reading, writing and comprehending instructions – Continuous

• Adding, subtracting, multiplying and dividing – Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Job Description:

Job Description:

This job is responsible for providing leadership, technical direction and oversight to a team delivering technology solutions. Key responsibilities of the job are to provide oversight of the design, implementation, and maintenance of complex computer programs, align technical solutions to business objectives, and ensure that coding practices/quality comply with software development standards. Job expectations include conducting multiple software implementations and applying both depth and breadth in knowledge of several technical competencies.

Responsibilities:

• Designs, develops and is accountable for feature delivery

• Applies enterprise standards for solution design, coding and quality

• Ensures solution meets product acceptance criteria with minimal technical debt

• Guides the team on work breakdown and execution

• Works with the Product Owner to ensure that product backlog/requirements are healthy, with clear acceptance criteria

• Plays a team lead role (as an individual contributor) and mentors the team

• Guides team members with skills and practices (planning and estimation, peer reviews, and other engineering practices)

Required Qualifications:

• Application Developer with 10+ years of experience in design and development.

• Hands-on programming experience of .Net 6 to develop REST apis

• Experience with Object Oriented concepts.

• Experience with SQL/Oracledatabase.

Desired Qualifications:

• Understanding of cloud ready application development

Skills:

• Automation

• Influence

• Result Orientation

• Stakeholder Management

• Technical Strategy Development

• Architecture

• Business Acumen

• Risk Management

• Solution Delivery Process

• Solution Design

• Agile Practices

• Analytical Thinking

• Collaboration

• Data Management

• DevOps Practices

The Senior Portfolio Management Officer (SPMO) is responsible for the ongoing management and primary accountability for all monitoring and maintenance activities for an assigned portfolio of commercial real estate loans, primarily consisting of larger/complex client relationships. This role completes credit monitoring responsibilities with minimal oversight from the CPM/SCPM and demonstrates strong judgment, sound credit decisioning skills and is an active participant with the Credit Team in the credit approval process for complex clients/transactions. They monitor the operating performance and financial conditions of existing commercial real estate facilities to proactively meet scheduled monitoring deadlines and identify issues and opportunities. SPMOs deliver financial, industry, economic and other analysis to facilitate decision making and inform risk rating recommendations, while also ensuring adherence to credit policies, guidelines, and applicable regulatory requirements. Additionally, the SPMO is responsible for providing underwriting analysis and approval recommendations for various Borrower requests related to assigned client base/facilities. They report to the Senior Credit Products Manager (SCPM) or Credit Products Manager (CPM) and partner closely with the Credit Team (Credit Risk Manager (CRM), Relationship Managers (RM), Credit Officers (CO), and Underwriters (UW)) to ensure Client needs/requests are being addressed. The SPMO provides ongoing coaching and support to other Credit Products team members.

Job Responsibilities:

• Responsible for post-closing credit activities including processing approvals for pre-approved extensions and minor modifications, and ensuring associated legal documents are properly documented.
• Responsible for all monitoring and maintenance activities on an assigned portfolio including risk rating scorecards, annual sponsor/guarantor financial reviews, covenant compliance, construction monitoring, interest reserve analysis, lease reviews, loan reporting, and site inspections.
• Collateral analysis, sponsor/guarantor financial analysis, and review of related legal documents.
• Credit facilities primarily include bridge, term, and construction loans for commercial real estate developers and investors. The PMO is responsible to drive process simplification and improvement under the direction of management.
• Serves as a mentor/coach to junior PMOs and assists CPM/SCPM with credit approvals and other workflow matters.

Required Qualifications:

• 10+ years commercial credit financial analysis and portfolio management experience.
• 7+ years of financial accounting, financial modeling, or loan structuring.
• Commercial Credit Training

Desired Qualifications:

• Bachelor’s degree in finance, accounting, economics or similar
• Certificate from accredited real estate educational program
• Large money center bank experience
• CRE portfolio management experience

Skills:

• Analytical Thinking
• Credit and Risk Assessment
• Prioritization
• Written Communications
• Attention to Detail
• Collateral Management
• Customer and Client Focus
• Legal Structures and Legal Forms
• Portfolio Management
• Collaboration
• Underwriting
• Loan Structurng
• Problem Solving
• Negotiation

Job Description:

Job Description:

Job Description:

Through examinations and monitoring, Credit Review provides an independent assessment of the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit processes across the bank’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including executive management, the Board of Directors or committee thereof, external auditors and regulatory agencies.

This job is responsible for establishing and executing a risk-based coverage plan to monitor the leveraged lending/leveraged finance portfolio within Enterprise Credit. Key responsibilities include serving as a subject matter expert in Credit Review, developing and executing a risk-based coverage plan to monitor and examine the portfolio, and performing and reviewing transactional testing of credit process execution controls of new and existing clients to evaluate appropriateness of client selection, adherence to underwriting expectations, quality of ongoing monitoring and risk rating accuracy to proactively identify emerging risks and their impact on portfolio credit quality. This role includes providing updates to business leaders and executive management on continuous testing and examination results, new issues and emerging risks.

Responsibilities:

• Serves as a subject matter expert for the large corporate leveraged finance, capital markets leveraged finance originations and enterprise-credit wide leveraged lending portfolios of loans, oversees the execution of Credit Review’s coverage plan

• Performs and oversee transactional testing of credit process execution of new and existing clients, and provides direct and timely feedback on transactional reviews performed by others

• Lead and oversee leveraged lending examination activities

• Provides regulatory updates on results, and responds to inquiries

• Documents findings through quarterly reporting, including assessing and rating credit control effectiveness, direction of controls, and credit riskiness for the specific portfolios

• Assesses and advises on the impact of industry-level, geo-political, and economic trends to credit portfolios

• Manages issues, including approval of issue severity ratings, action plans, ongoing issue status tracking, and oversight of issue validation

Required Qualifications:

• Minimum 8 years of commercial credit experience (credit review, direct lending, workout, risk management and/or regulatory), including deep understanding of large or complex portfolios

• Experience in leveraged lending/leveraged finance, and related regulatory expectations

• Ability to support conclusions through fact-based analysis and ability to influence senior leaders

• Excellent credit analysis and project management skills, strong interpersonal and leadership skills

• Strong organizational and communication skills, both written and verbal

• Ability to manage multiple complex tasks while delivering high quality results

Desired Qualifications:

• Internal Credit Review / Credit Risk Review

• Bachelor’s Degree

Skills:

• Data manipulation and analysis skills
• Effective process assessment skills - the ability to identify control gaps and their implications to the broader portfolio population
• Experience navigating a matrix organization
• Independent and takes initiative
• Resourcefulness in identifying, assessing and reporting on emerging risks
• Performance management and career development skills
• Experience with a Credit Review examination process
• Proficiency in Excel
• Ability to work in a team environment, focus on high quality execution
• Critical thinker, high energy and intellectually curious
• Experience with leading without authority
• Ability to coach and develop more junior associates

Job Description:

The candidate will work alongside their Senior Analyst in all aspects of the research process; including the following:

• Conduct macroeconomic research on global markets, geopolitical trends, equities, bonds, commodities, and alternatives
• Analyze a wide variety of data on asset prices, investor positioning, global policy, and the economy to identify investment opportunities
• Demonstrate strong quantitative skills to solve complex problems and develop data-driven investment framework
• Develop & analyze large databases using advanced mathematical & statistical methods
• Collaborate internally with the team, salespeople, other research professionals
• Interact regularly with clients; participate in and contribute to regular reports, client requests, client meetings, conference calls
• Work closely with sales to respond to various ad hoc requests
• Seek out new, value-added, and/or unusual sources of information

Qualifications:

• Bachelors' Degree in Finance or Economics
• Minimum 2-5 years of experience either in macro or fundamental (credit/equity) research or related field
• Along with Finance, should have an understanding of economics, macroeconomic factors, international affairs, and policy/politics
• Must enjoy working in databases, and doing desktop and field research
• Strong writing and analytical skills
• Must have strong attention to detail and ability to multi-task
• Proficient in Microsoft Excel, Word, Outlook, PowerPoint, and familiar with Python