New York, NY, 10176, USA
10 days ago
Investment Manager Selection Analyst
Investment Manager Selection Analyst 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! Bank of America-Merrill Lynch is currently seeking an Analyst to play a key role as part of its CIO Manager Selection team that selects third-party investment managers for client investment. Reporting into the Heads of Equities Manager Selection and ETF Manager Selection, the Analyst will contribute to the firm’s delivery of a high-quality platform of investment vehicles (mutual funds, separate accounts, ETFs, etc.) with a focus on active ETFs. The coverage universe will be diverse, ranging from equities to fixed income. The Analyst will conduct investment manager research to identify new ideas for the platform, as well as monitor existing strategies to ensure any emerging risks are identified and assessed. This position involves accountability for the research opinion on covered strategies and engagement in complex investment conversations with internal and external partners. Therefore, the candidate must aspire to a research-intensive role and demonstrate an ability to develop and articulate investment insight. Conducts primary manager due diligence; both initial and ongoing on mutual fund and separate account vehicles. Primary responsibility includes maintaining the integrity of Domestic Equity, Fixed Income or International Equity investment manager rosters. **Desired Skills:** + 2-5+ years of experience in the investment industry, preferably in an analytical role related to investment manager due diligence, equity research, quantitative research, portfolio management/construction, or asset allocation. + Familiarity with the ETF and index fund marketplace.Broad financial market experience across multiple asset classes (e.g. equity, fixed-income, commodity, etc.) strategies. + A demonstrated analytical track record of building and defending well-supported investment opinions. + Communication skills: outstanding written, oral, and presentation skills. + Candidates with investment-oriented career path interests are preferred. Success in the role requires self-motivation to constantly question and go deeper into analytical discovery. + A collaborative, team-based approach to engaging with peers within the team and across business lines is essential. + An ability to also operate independently and efficiently manage time for meeting deadlines. + Alignment with the Values and Purpose of Bank of America. + Working knowledge of Excel, Word, Power Point, Bloomberg + Bachelor's degree or equivalent experience required + MBA, MS, JD, or CFA preferred + Must have a 7 and 66 (or 63and 65) licenses or ability to obtain within 120 days **Skills:** + Analytical Thinking + Attention to Detail + Causation Analysis + Presentation Skills + Research + Critical Thinking + Oral Communications + Written Communications + Active Listening + Data Quality Management + Trading and Investment Analysis **Shift:** 1st shift (United States of America) **Hours Per Week:** 40 **Pay Transparency details** US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100) Pay and benefits information Pay range $118,700.00 - $167,700.00 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. 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) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.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 . This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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