Retirement Plans Investments (RPI), Investment Analyst
Required skills
- institutional asset management
- investment analysis
- capital markets
- asset allocation
- performance measurement
- financial reporting
- forecasting
- fiduciary committee materials
- retirement plan governance
- compliance
Nice to have
- Tableau
- public market investments
- private market investments
- financial planning
- portfolio theory
- CFA
Role summary
The Retirement Plans Investments (RPI) team at Bank of America seeks an Investment Analyst to manage investment programs for retirement plans, overseeing approximately $95 billion in assets. Responsibilities include investment research, analysis, due diligence, performance monitoring, asset allocation support, and contributing to financial reporting and governance activities. The role requires a Bachelor's degree or equivalent experience, 2+ years in institutional asset management or investment analysis, understanding of capital markets, and advanced Excel skills. Preferred qualifications include 3+ years of experience, CFA/MBA, knowledge of ERISA, and experience with public/private markets.
Job Description:
The Retirement Plans Investments (RPI) team manages the investment programs for Bank of America's retirement plans, including defined benefit pension, 401(k), and deferred compensation plans, representing approximately $95 billion in assets. The team serves as an ERISA fiduciary and is responsible for investment strategy, asset allocation, manager oversight, performance monitoring, and retirement plan governance.
Key Responsibilities
- Conduct investment research, analysis, and due diligence across asset classes and investment managers.
- Monitor portfolio performance, risk, and manager effectiveness.
- Support asset allocation decisions, portfolio transitions, and implementation of investment strategies.
- Contribute to quarterly and annual financial reporting, forecasting, and fiduciary committee materials.
- Support retirement plan governance, compliance, regulatory, and audit activities.
- Partner with HR, Finance, Treasury, Legal, consultants, actuaries, trustees, recordkeepers, and external investment managers.
Qualifications
- Bachelor's degree or equivalent experience.
- 2+ years of institutional asset management, investment analysis, or related experience.
- Understanding of capital markets, asset allocation, investment strategies, and performance measurement.
- Strong analytical, problem-solving, and communication skills.
- Advanced Excel skills; Tableau experience preferred.
- Ability to work independently while collaborating effectively with stakeholders.
Preferred Qualifications
- 3+ years of institutional asset management experience.
- CFA, MBA, or progress toward either designation.
- Knowledge of ERISA retirement plans and fiduciary responsibilities.
- Experience with public and private market investments, forecasting, or financial planning.
- Familiarity with institutional investment management principles and portfolio theory.
This role offers exposure to large-scale institutional asset management and direct interaction with investment managers, consultants, actuaries, and fiduciary committees, providing broad experience across portfolio management, retirement plan investing, and ERISA governance.
Shift:
1st shift (United States of America)Hours Per Week:
40