Market Investment Executive

　　New York, New York

　　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. 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!

　　Summary of Position:

　　The Market Investment Executive (MIE) oversees the expansion of investment business for high net worth clients. The MIE serves as the market's chief investment officer, helping to communicate the firm's thought leadership.

　　Responsibilities include developing customized investment strategies, expanding the business and delivering investment management services, risk management, compliance, coaching and developing all investment talent. MIEs partner closely with the ME and other leaders in the market, to deliver on strategic growth priorities, in addition to supporting the Client Management Process (CMP) to deliver a Branded Client Experience (BCE). The MIE is expected to reinforce a culture of responsible growth, proactive risk management and delivering the enterprise through business integration.

　　The MIE reports to the Market Executive, overseeing a team of Portfolio Managers and/or Trust Officers. Based on the needs in the division, the MIE may also support additional markets.

　　Core Competencies:

　　Proven market leadership experience in investment management

　　Deep understanding of high net worth clients' needs and investment solutions

　　Ability to effectively manage risks and ensure adherence to policy

　　Strong business judgment and decision making

　　Ability to attract, select, develop and retain talent

　　Strong knowledge of Private Bank and enterprise capabilities with ability to work collaboratively to make connections, resolve issues & remove obstacles

　　Communicates in a clear and compelling manner with employees, clients, and enterprise partners (executive presence)

　　Strong influencing, listening, probing & relationship management skills (high EQ)

　　Major Responsibilities:

　　Investment Management:

　　Troubleshoots and resolves investment-related client issues

　　Drives consistent client experience through implementation of centralization and standardization, where appropriate

　　Understands platform; responsible for communication and education of offerings

　　Ensures that we are bringing in business that is appropriate for our platform

　　Regulatory/Policy Risk Management:

　　Ensures all fiduciary standards, Private Bank/regulatory compliance and risk policies are understood and consistently applied within the market

　　Accountability for key risk and business oversight processes: asset allocation, performance, Reg 9, IPS and daily transaction monitoring/quality

　　Drives Responsible Growth in the Market:

　　Delivers on key metrics; supports driving responsible growth

　　Executes against Private Bank strategy and priorities, tailored to local market dynamics and competitor footprint

　　Ensures sound decision making on business selection in accordance with risk appetite

　　Promotes consistency of the client investment experience across the market

　　Partners with market leadership to ensure resolution of issues/obstacles

　　Talent Management:

　　Recruits, hires, develops, retains top talent; supports compensation and resource decisions

　　Coaches across roles on driving responsible growth and risk management

　　Drives employee engagement and culture of inclusion

　　Ensures team members are appropriately trained

　　Acts quickly to address performance issues​​

　　Shift:

　　1st shift (United States of America)

　　Hours Per Week:

　　40

　　Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

　　To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

　　To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

　　Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

　　To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .