Relationship Manager III - Capital Partners

About the role

Brown Brothers Harriman is currently recruiting a Relationship Manager to join our Capital Partners team in Philadelphia. This role serves as the point person for ultra-high-net-worth clients, focusing on increasingly more complex relationships, client service, and portfolio management.

Responsibilities

• Effectively service clients and act as the primary point person on designated accounts; handle moderately complex accounts independently.
• Partner with more seasoned RMs on the most complex accounts.
• Ensure all clients are highly satisfied with the service they are receiving as demonstrated by continuing to maintain their assets at BBH and referring their friends and family to the firm.
• Split time between managing existing client relationships and sourcing new business.
• Investment Execution:
• Serve as first call for portfolio related questions (e.g., Investments / Asset Allocation / Performance).
• Demonstrate knowledge of the fundamentals of each element of investments and ensure that the needs of our clients are being addressed.
• Implement investment strategy to meet individual client goals and objectives.
• Utilize BBH guidelines and policy to assist with development of client specific plans (e.g., asset allocation).
• Possess high level of investment knowledge (knowledge of all asset classes and their characteristics, risks, tax consequences) and demonstrate this knowledge with clients.
• Prepare for account review, account opening/closing/maintenance, and creation of client meeting materials.
• Risk Management and Administration:
• Exercise sound, professional investment judgment on behalf of clients, while avoiding risks to the firm and demonstrating 100% adherence to the compliance requirements of the business, including Investment Policy Statements, Know Your Customer requirements, completing documentation and written records of meetings and discussions.
• Act as primary day to day contact point with clients, elevate high level risk issues to Team Leader and/or CAO.
• Ensure total compliance at the account level and oversee and respond to all compliance reports (i.e., overdraft reports, approved trades, delinquent documentation, IPSs).
• Oversee all account maintenance activities, including, documentation, meeting materials and performance evaluations.
• Business and Professional Leadership:
• Active participation in personal and professional networks (e.g., organizations professional contacts).
• Research/monitor industry related resources (e.g., newspapers) to identify potential leads (in conjunction with more seasoned RMs/TLs).
• Manage self to develop professionally and personally by utilizing the internal resources at BBH.
• Coach, train and mentor RAs and Sr. RAs and provide input on their career development.

Qualifications

• BA/BS required and/or equivalent job experience
• 8 plus years relevant portfolio management experience involving equities, bonds, or both
• Excellent client service skills
• Superior oral/written communication, analytical and thought leadership skills
• Knowledge of asset allocation, trust and fiduciary principles
• Strong team player
• Strong work ethic
• CFA, CFP, and/or MBA a plus