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

Responsibilities

• Engage with Financial Advisors to assist in customized portfolio construction for Ultra High Net Worth (UHNW) clients and prospects and deliver comprehensive suite of UHNW capabilities to these clients.

• Review current client investment holdings and perform risk and return analysis.

• Utilize Merrill CIO thought leadership and portfolio construction analytics to propose alternative portfolio design and proposal to optimize exposures based on client objectives.

• Facilitate introduction of the firm’s additional UHNW capabilities to the Advisor and client when and where client needs exist for those capabilities.

• Utilize investment portfolio construction methods, including modern portfolio theory, to analyze the risk/return characteristics of existing client holdings and create optimized proposed changes.

• Apply statistical forecasting models, including monte carlo simulations embedded in the Capital Market Assumptions, and apply them to determine appropriate customized asset allocation based on client risk profile.

• Support the creation of holistic portfolio proposals, which includes traditional manager selection, appropriateness of private equity, and hedge fund inclusion and apply solutions for the monetization, hedging, and diversification of concentration risk.

• Utilize liability-based investment techniques to develop cash flow-oriented portfolios in order to meet client lifestyle and liability requirements.

• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience

• Bachelor's degree or equivalent in Economics, Statistics, Finance, Mathematics or related: and

• 5 years of progressively responsible experience in the job offered or a related Quantitative occupation.

• Must have 5 years of progressively responsible experience in the job offered or a related quantitative occupation. Must include 5 years of experience in each of the following:

• Utilizing investment portfolio construction methods, including modern portfolio theory, to analyze the risk/return characteristics of existing client holdings and create optimized proposed changes;

• Applying statistical forecasting models, including monte carlo simulations embedded in the Capital Market Assumptions, and applying them to determine appropriate customized asset allocation based on client risk profile;

• Supporting the creation of holistic portfolio proposals, which includes traditional manager selection, appropriateness of private equity, and hedge fund inclusion and applying solutions for the monetization, hedging and diversification of concentration risk; and,

• Utilizing liability based investment techniques to develop cash flow oriented portfolios in order to meet client lifestyle and liability requirements.

• 25% domestic travel required, as necessary.

If interested apply online ator email your resume toand reference the job title of the role and requisition number.

EMPLOYER:Merrill Lynch