Manager Selection Analyst - Bank of America : Job Details

Bank of America-Merrill Lynch is currently seeking an Equity Analyst to play a key role as part of its CIO Due Diligence team that selects third-party investment managers for client investment. Reporting into the Head of Equities Due Diligence, the Analyst will contribute to the firm's delivery of a high-quality platform of equity investment vehicles (mutual funds, separately managed accounts, active ETFs, etc.). Focus areas may vary depending on needs and can include U.S. and international equities, tax-managed & direct-indexing and multi-asset portfolios. The Analyst will conduct investment manager research to identify new strategies for the platform, as well as monitor existing strategies to ensure any emerging risks are identified and assessed. Upon successful development of base skills, this position will have accountability for the research opinion on covered strategies and engagement in complex investment conversations with internal and external partners, including financial advisors. Therefore, the candidate must aspire to a research-intensive role and demonstrate an ability to develop and articulate investment insight and opinion. 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.
• Quantitative and qualitative analysis of investment management firms, investment portfolios, relevant market indices and peer groups
• Research global equities markets
• Support financial advisors and Specialist teams with investment solution and asset class insights
• Engage with internal partners to inform them of key issues related to investment management firms and investment solutions
• Create/write investment notes to Financial Advisors and Clients
• Engage with third-party investment managers including portfolio managers, equity analysts, relationship/marketing team

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.
• A demonstrated analytical track record of building and defending well-supported investment opinions.
• 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.
• MBA, MS, JD, or CFA preferred Must have a 7 and 66 or achieve the licenses within 120 days.

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 - $169,700.00 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.