NEW YORK, NYPosted 23 days ago

Job summary

• Job post source

  This job is directly from Bank of America

• Job overview

  The Manager Selection Analyst at Bank of America plays a key role in selecting and monitoring third-party investment managers to ensure a high-quality equity investment platform, impacting client investment outcomes.

• Responsibilities and impact

  The analyst conducts primary due diligence on investment managers, performs quantitative and qualitative analysis of portfolios and firms, researches global equity markets, supports financial advisors with investment insights, and engages with internal and external partners including third-party managers.

• Compensation and benefits

  The position offers an annual salary range of $118,700 to $169,700, discretionary incentive eligibility, and comprehensive industry-leading benefits including paid time off and wellness resources.

• Experience and skills

  Candidates should have 2-5+ years in investment industry roles such as due diligence, equity research, or portfolio management, strong analytical skills with investment opinion development, proficiency in Excel, Word, PowerPoint, and must have or obtain licenses 7 and 66 within 120 days; advanced degrees or CFA are preferred.

• Career development

  The role offers opportunities to develop research-intensive skills, engage in complex investment discussions, and grow within Bank of America's diverse and inclusive environment.

• Work environment and culture

  Bank of America emphasizes a diverse, inclusive workplace focused on responsible growth, supporting employee wellness, recognizing performance, and community impact.

• Company information

  Bank of America is a leading financial institution committed to responsible growth, client service, and community impact, with a strong focus on diversity and talent development.

• Team overview

  The analyst reports to the Head of Equities Due Diligence and collaborates with internal partners, financial advisors, and third-party managers within the CIO Due Diligence team.

• Job location and travel

  The position is based in New York, NY at One Bryant Park, Bank of America Tower, with a standard 40-hour first shift workweek.

• Unique job features

  This role is distinguished by its focus on equity manager due diligence, involvement in multi-asset portfolios, and the opportunity to influence investment strategy through research and direct engagement with financial advisors and managers.

Company overview

Bank of America is a leading multinational financial institution that provides a wide range of banking, investment, and financial services to individual consumers, small and middle-market businesses, and large corporations. The company generates revenue through interest income, fees, and commissions from its diverse portfolio of services including consumer banking, wealth management, and global banking. Founded in 1904 as the Bank of Italy, it has grown through significant mergers and acquisitions, including the notable acquisition of Merrill Lynch in 2008, which expanded its investment banking and wealth management capabilities.

How to land this job

• Tailor your resume to highlight your experience in investment manager due diligence, equity research, and quantitative analysis, emphasizing your ability to build and defend well-supported investment opinions.

• Focus on showcasing your collaborative skills and ability to engage with internal partners and third-party investment managers, as well as your communication skills in both written and oral formats.

• Apply through multiple platforms including Bank of America's corporate careers site and LinkedIn to maximize your chances of being noticed for the Manager Selection Analyst role.

• Connect with current employees in the CIO Due Diligence or Equities teams at Bank of America on LinkedIn; use ice breakers like commenting on recent market trends, inquiring about the team's approach to manager research, or asking for advice on succeeding in this role.

• Optimize your resume for ATS by incorporating keywords from the job description such as 'investment manager due diligence,' 'equity research,' 'quantitative analysis,' 'portfolio management,' and 'investment insight,' ensuring clear formatting and relevant certifications like Series 7 and 66.

• Use Jennie Johnson's Power Apply feature to automate tailored applications, identify multiple application channels, and find LinkedIn connections to network with, allowing you to focus more on preparing for interviews and professional development.