Senior Portfolio Manager

About the role

Cypress Bank & Trust, originally founded as a Florida Chartered boutique corporate fiduciary in Palm Beach, FL in 1996 and transitioned to a bank and trust company in August 2021, is seeking a Senior Investment Officer/Portfolio Manager. This role involves collaborating with the Administrative Officer and support personnel in a team approach to client service, researching and analyzing economic, market, industry, and company trends, and implementing investment strategies to meet the objectives of personally assigned investment management and fiduciary accounts.

Responsibilities

• Assume lead, joint, or secondary role as needed in relationship teams to fulfill the corporate philosophy of providing high-touch team service to clients.
• Manage client assets, including development, monitoring, and maintenance of investor profiles, asset allocation, and investment portfolios, including trading documentation and client files.
• Provide superior client service through periodic client meetings, communications, responsiveness, and accuracy of information, including performance reviews and documenting changes to investment objectives.
• Initiate and participate in business development activities, including meeting with current/prospective clients to present proposals and deliver the investment offering.
• Attend company-sponsored events and represent the company at outside events.
• Complete Reg-9 investment reviews and participate in the preparation of administrative reviews.
• Actively serve as a voting member of the Investment Committee.
• Research and analyze economic, market, industry, and company trends.
• Comply with company policies and procedures, as well as SEC and State of Florida rules and regulations.
• Understand various fiduciary account characteristics.
• Participate on various committees as assigned.
• Perform other related duties as assigned by management.
• Fulfill responsibilities under the Bank Secrecy Act and Anti-Money Laundering regulations, including proper customer identification, initiating CTRs and SARs investigations, utilizing OFAC records, and maintaining appropriate records.
• Adhere to the Bank’s policies and procedures and all Federal and State laws and regulations.

Requirements

• College degree or equivalent, preferably in Business Administration, Finance, or Marketing fields.
• Active book of clients/prospects.
• Series 65 license required (can be obtained after employment).
• Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), or MBA is a plus.
• Proficient in Microsoft Office Suite.
• Experience with trust and custodian accounting software.
• Continued technology education to improve proficiency.

Preferred Skills

• Exposure to Investors View, Advantage, SharePoint, Microsoft Teams, SCI, and Weblink.

Benefits

• Health insurance (employer-paid coverage for employee, eligible the first month after the date of hire).
• Dental insurance.
• Vision insurance.
• Company-paid life insurance.
• Additional voluntary life insurance.
• Short-term disability.
• Long-term disability.
• MetLaw.
• LifeLock.
• Employee Assistance Program.
• 401K retirement plan.

Why Work Here?

• Financially strong and growing company.
• Personal growth potential.
• Great company culture.
• Generous PTO schedule in addition to bank holidays.