Private Wealth Investment Management Specialist

About the Role

Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services. This role defines the Financial Advisor(s) and/or Advisor Team(s) overall investment management philosophy through the development of portfolio analysis and expertise in a wide range of investment product areas.

Key Responsibilities

• Maintain an understanding of the Chief Investment Office (CIO) philosophy, proprietary planning, and investment management tools.
• Monitor, analyze, and review the current market environment and research portfolio recommendations.
• Monitor and manage client portfolios to align with client goals, objectives, risk tolerance, and time horizons.
• Review and manage team proprietary models to align with current market assumptions by participating in CIO and manager updates and reviewing reports and allocation updates.
• Create analytical reports for Financial Advisors to review client investment portfolio performances against market returns.
• Assess and share pricing findings with clients to ensure understanding of the value of advice and accompanying solutions.
• Analyze and understand Merrill and third-party research.
• Monitor and respond to market and non-financial current events.
• Effectively navigate proprietary planning and investment management tools.
• Deliver investment management tools, including but not limited to investment proposals and CRC.
• Monitor and analyze book pricing internally for FA teams.
• Convey pricing to ensure client understanding of the value of advice and accompanying solutions.
• Maintain a deep understanding of the CIO philosophy and ongoing monitoring of strategy changes based on the current market environment.
• Research portfolio recommendations for Investment Committee review.
• Prepare materials and coordinate weekly Investment Committee meetings.
• Proactively review and manage team proprietary models to align with Investment Committee decisions.
• Manage ML One variances, enrollments, updates, withdrawals, and terminations.
• Serve as the Primary/Lead Team Member for processing PIA trades in Portfolio.
• Process all trades (discretionary or non-discretionary).
• Propose client recommendations/changes based on client goals, risk tolerance, time horizon, and objectives.
• Ensure risk profiles, goals, objectives, and asset allocations are aligned and reflected properly for each client.
• Deliver the full range of investment products and services across the enterprise, ensuring alignment to client goals and strategies while leveraging specialists and applicable financial planning tools.
• Partner with internal specialists to deliver holistic investment solutions by identifying and establishing targeted investment strategies.
• Prepare and present client performance review reports to measure progress to goals.
• This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements.

Requirements & Tech Stack

• Series 7 & 66 (or combination of Series 63 & 65)
• Must obtain all state registrations held by the Financial Advisor(s) and Advisor Team(s) they support.
• Maintain at least one firm-approved designation.
• SAFE Act Registration
• ADV-2B Required
• Strong communication skills.
• Thorough knowledge and understanding of the suite of Wealth Management products and services.
• Strong analytical and portfolio management skills with the ability to identify trends and implement investment strategies to increase growth and mitigate risk.
• Ability to make sound decisions by having a deep understanding of investment management best practices and policies/procedures.
• Ability to identify client needs and concerns and articulate an appropriate approach to align solutions to goals in a suitable and controlled way.
• Causation Analysis
• Financial Management
• Investment Management
• Trading Strategy
• Trading and Investment Analysis
• Portfolio Analysis
• Portfolio Management
• Price Verification and Valuation
• Trade Monitoring
• Trading
• Client Investments Management
• Client Solutions Advisory
• Financial Analysis
• Financial Forecasting and Modeling
• Wealth Planning

Qualifications

• CFA designation (desired)
• Strong technical & analytical experience (desired)
• Advanced trading experience & expertise (desired)

Minimum Education Requirement

• High School Diploma / GED / Secondary School or equivalent.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

Shift: 1st shift

Hours Per Week: 40