Portfolio Manager III

About the role

This role is responsible for working with complex, high-net-worth investors to create customized investment strategies. Key responsibilities include evaluating, designing, constructing, managing, and monitoring all aspects of discretionary portfolio management including asset allocation, portfolio construction, security/manager selection, trade execution, risk management and compliance, investment reviews, and proactive client communication. The role also involves helping teams drive client retention and business development, while mentoring associates.

Responsibilities

• Understand the client's situation and circumstances to develop and recommend an investment strategy tailored to their unique goals and objectives.
• Manage all aspects of the client's investment portfolio including asset allocation, portfolio construction, security/manager selection, trade execution, risk management and compliance, and investment reviews.
• Collaborate with teammates to deliver the bank's full array of integrated solutions, such as equities, fixed income, alternative investments, and Specialty Asset Management as appropriate.
• Engage with clients to review investment performance and anticipated market changes based on economic and industry analysis.
• Stay up-to-date on recommendations from the Chief Investment Office, current market conditions, and economic trends to anticipate and mitigate investment risks.
• Develop meaningful relationships with clients, while demonstrating the highest care, skill, diligence, and ethics.

Requirements

• Minimum of 10 years of investment decision-making and financial consulting experience working with high-net-worth and ultra-high-net-worth clients.
• Has held positions of increasing responsibility with an established and prestigious financial services firm, most likely in a wealth management, private banking, and/or trust field.
• Knowledge of fiduciary and financial products and services through extensive related work experience.
• Broad-based technical knowledge of investments, tax, legal, and operations necessary to service clients.
• Knowledge of fiduciary standards, principles, and applicable laws and regulations usually acquired through training, seminars, or law school.
• Skills and experience in negotiating, delegating, and leadership.
• Superior client service and relationship management skills.

Qualifications

• High School Diploma / GED / Secondary School or equivalent (minimum education requirement).
• Bachelor’s Degree in Finance, Accounting, Economics, or related field or equivalent financial services/business experience (desired).
• Graduate Degree such as MBA or JD (desired).
• Appropriate credentials such as CPA, CFP, and/or CFA designation (desired).

Skills

• Advisory
• Client Investments Management
• Customer and Client Focus
• Investment Management
• Presentation Skills
• Active Listening
• Analytical Thinking
• Attention to Detail
• Client Experience Branding
• Valuation
• Ethics and Practice Standards
• Collaboration
• Critical Thinking
• Data Quality Management
• Trading
• Written Communications

Schedule

1st shift (United States of America), 40 hours per week.