Senior Institutional Investment Strategist

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!

The Director,
Senior Institutional Investment Strategist serves as a subject matter expert in defined benefit (pension) plans, providing strategic asset allocation guidance and consultative support to institutional clients. This role combines deep actuarial expertise with investment strategy to deliver liability‑driven solutions, support new business development, and enhance client outcomes through data‑driven insights and market analysis.

• Provide strategic asset allocation guidance to pension clients using stochastic and deterministic modeling approaches.
• Serve as a trusted advisor and subject matter expert on defined benefit plans, leveraging actuarial and investment expertise to guide institutional clients.
• Provide training and field support to internal partners such as portfolio strategists, relationship managers, and financial advisors on defined benefit plan issues.
• Review liability‑based reporting and analysis for existing pension clients, ensuring alignment with long‑term funding objectives.
• Support sales and business development efforts through analytical insights and direct engagement with prospects.
• Collaborate cross‑functionally with internal teams to design and implement innovative investment solutions tailored to client needs.
• Stay informed on pension investment trends to provide timely and relevant guidance to clients.
• Expertise in actuarial consulting for pension plans
  .
• Strong understanding of economic markets and institutional investment strategies.
• Advanced data analysis and modeling skills.
• Exceptional interpersonal and communication skills (written and verbal).
• Leadership ability and self‑motivation to drive initiatives independently.

• Proficiency in Microsoft Office Suite
  .
• Experience with VBA and R programming for modeling and analysis.

• Extensive knowledge of ERISA funding regulations and FASB accounting rules applicable to defined benefit pension plans; pension investment experience a plus
• Bachelor's degree in actuarial science, finance, mathematics, statistics, economics, or related field.
• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) required.
• Minimum 5+ years of actuarial or institutional investment experience
  .
• CFA a plus.

• Actuarial exams passed

1st shift (United States of America)

40

Annualized salary: $ – $, offers are determined based on experience, education and skill set.

Discretionary incentive eligible – eligible to participate in the annual discretionary plan based on individual and company performance.

This role is currently benefits eligible. We provide industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.