Vice President; Ultra High Net Worth Portfolio Strategist

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!

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 at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

EMPLOYER: Merrill Lynch

Shift:

1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - WA - Bellevue - 10400 NE 4th St - 400 Lincoln Square (WA3400)

Pay and benefits information

Pay range

$170,000.00 - $180,000.00 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.

Client-provided location(s): Bellevue, WA

Job ID: BankOfAmerica-JR-25035606

Employment Type: FULL_TIME

Posted: 2025-08-26T18:58:17