Investment Manager II

About the role

The Reserve Investment Manager 2 (IM) is responsible for partnering with Wealth Advisors to deliver Investment Management Services to new High Net Worth ($5+MM in AUM) clients and deepen and strengthen existing client relationships in the Reserve segment of Truist Wealth.

The Reserve IM 2 will deliver advice proactively based upon financial planning and a holistic view of the client's circumstances. The Reserve IM 2 will typically manage a client base of approximately 50-75 relationships with assets under management averaging $500 million and revenue responsibility averaging $4 million.

Responsibilities

• Critical partner in new business development and acts as a primary source for investment communication.
• Assists the Wealth Advisor in acquiring Reserve-level, prospective clients.
• Assist Wealth Advisors with information discovery and client goal identification for prospective HNW clients.
• Analyze prospective client investment portfolios; develop investment strategy - inclusive of asset allocation, investment implementation, and portfolio construction.
• Effectively articulate our investment process and recommendations.
• Actively assist in the client onboarding experience and develop the Investment Policy Statement in accordance with the client's unique situation.
• Execute on strategic and tactical asset allocation.
• Manage the daily trading activities in discretionary, non-discretionary, and trust-based portfolios.
• Implement investment recommendations and transition new clients into a collaborative and on-going portfolio management and client communication cycle.
• Recommend, establish, monitor and adjust investment strategies and solutions designed to achieve specific account related investment goals and objectives for discretionary and non-discretionary investment, portfolios.
• Adhere to (and document) risk management and compliance with all relevant regulatory policies and procedures.

Qualifications

Required Qualifications: Bachelor's Degree, 7 years investment experience, which should include experience as an investment advisor, portfolio manager, or other investment-related activities with a focus on high net worth clients.

Demonstrates advanced investment skills and knowledge and displays exceptional interpersonal capabilities. An advanced investment professional, who: Has a track record of working with clients with at least $5MM in investible net worth.

Is able to understand complex investment and economic strategy to inform portfolio management decisions. Is able to communicate investment and economic concepts in a client-centric manner that is straight-forward, thoughtful, and relatable.

Series 65 licenses. Candidates will have 60 days from their Start Date to transfer, or 100 days from their Start Date to acquire all of the registrations and licenses required for this position.

Preferred Qualifications: MBA/CFA and/or equivalent professional designation, Combination of buy and sell-side experience.

Benefits

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.