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Product Specialist - NR

Product Specialist - NR

Bank of AmericaJersey City, NJ, United States
10 hours ago
Job type
  • Full-time
Job description

Product Specialist - NR

Jersey City, New Jersey

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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!

Job Description :

There has been a consistent growth in centrally managed assets in line with strategic business objectives. A critical part of the role will be development of enhanced portfolio overlay products and services in line with client objectives. These include tax efficient strategies and transition services that promote additional flows into Firm Managed. An important part of the role will also be creation and implementation of other differentiated overlay offerings that seek to obtain, offset or substitute specific portfolio exposures. In addition, the role will entail oversight and maintenance of internal model portfolios.​

  • Research, develop and implement investment solutions.
  • Support new financial investment portfolio management functions through algorithm development and testing.
  • Ongoing review and monitoring of enhanced overlay products and services.
  • Collaboration across Product, Platform, Channel, CIO, Research and Control partners to deliver investment solutions.
  • Oversight and maintenance of internal firm model portfolios and coordination of rebalance activities.
  • Support of restrictions and replacement securities.

Required Qualifications :

  • Must be intellectually curious and have strong critical thinking skills to solve complex problems.
  • Should be able to multi-task, take ownership and deliver in a fast-paced environment.
  • Requires good interpersonal skills and ability to collaborate and communicate effectively in groups.
  • Requires good time management skills to deliver within project management deadlines.
  • Desired Qualifications :

  • Bachelor’s Degree in Finance, Mathematics or Economics.
  • Minimum 2-5 years of experience in a financial firm with some experience in investment products or investment management.
  • Series 65 or pursuit of the CFA charter is a plus.
  • Advanced Excel VBA skills and Python experience is favorable.
  • Knowledge of tax efficient products or services is a plus.
  • Skills : Active Listening

    Attention to Detail

    Research

    Usability Testing

    Data Collection and Entry

    Issue Management

    Networking

    Project Management

    Reporting

    Agile Practices

    Process Design

    Recording / Organizing Information

    Technical Documentation

    Written Communications

    Minimum Education Requirement : High School Diploma / GED / Secondary School or equivalent

    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, 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 "Know your Rights" poster, CLICK HERE () .

    View the LA County Fair Chance Ordinance () .

    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.

    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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

    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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