Jersey City, NJ, 07308, USA
4 days ago
MAA - Junior Portfolio Trading Specialist
MAA - Junior Portfolio Trading Specialist Jersey City, New Jersey **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/Lateral-US/job/Jersey-City/MAA---Junior-Portfolio-Trading-Specialist\_25032951-1) **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! **Job Description:** Managed Account Advisors (MAA) is an SEC Registered Investment Adviser that is responsible for the implementation of Investment Strategies across Bank of America Global Wealth Management. The Portfolio Trading Team’s primary function is to manage the MAA Third Party Manager Portal, create and route trades; which include, Global Equities, ETFs and Preferred Stocks. The junior portfolio trading specialist will be part of a team of dedicated investment professionals managing the implementation and trading of approximately $900B in total assets. This new hire will pay special attention to corporate actions as they impact the positions held on the platform. **Job Responsibilities:** + Overseeing all corporate action events + Managing the MAA manager portal + Trade creation and routing + Liaison between Portfolio Manager's and Traders + Fiduciary responsibility of striving for best execution on all transactions + Gathering and disseminating market intelligence to appropriate parties + Continuously interact with equity traders to promote collaboration and market awareness + Managing and enhancing relationships with business partners across the firm + Monitoring/managing intraday risk **Required Qualifications:** + Effective communication skills + Work well under pressure + Strong analytical skills + Passion for investing + Intellectually curious and strategic thinker + Team player with strong multi-tasking and problem solving skills **Desired Qualifications:** + 2-5 years of relevant work experience + Bachelor's Degree **Skills:** + Active Listening + Administrative Services + 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 (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.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 . 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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