Job Description
The Senior Portfolio Manager (Trust) is responsible for managing client investment portfolios, making daily investment decisions concerning investment portfolios, implementing stated strategies from the Chief Investment Officer, and executing investment decisions for the assigned investment portfolios.
Essential Functions
• Meet with clients to discuss investment strategy
• Recommend portfolio changes and review investment performance
• Identify and analyze rates of return and risks associated with the various components of the investments and other potential investments
• Monitor the financial condition of the securities which are held in investment portfolios
• Keep informed of market trends and analyzing the effect of these trends on the investment portfolios
• Maintain relationships with traders as well as with other members of the investment community to execute investment decisions in a timely manner
• Serve as a member on Trust Investment Committee
• Manage bond and equity investments for individual trust and advisory clients
• Maximize investment returns commensurate with acceptable level of risk
• Keep informed on security markets
• Research to arrive at prudent / timely investment decisions
• Initiate action for purchase and sale of securities
• Develop client investment objectives with input from administrators and clients
• Provide investment advice and guidance
• Keep informed of legal and tax consequences of decisions / strategies
• Develop investment strategy communication for clients and prospects
• Initiate and author client correspondence
• Communicate investment related information as appropriate
• Ensure compliance with Trust policies and procedures
• Schedule and conduct client meetings on periodic basis
• Conduct regular investment reviews as required
• Review financial/investment markets daily
• Coordinate customer documentation and agreements
• Ensure total document and data integrity
• Manage personal workload/work flow
• Assist with setting personal goals and targets
• Cultivate potential referrals from existing accounts
• Analyze accurate customer needs
• Recommend investment / trust alternatives
• Perform presentations / meetings with prospects
• Finalize new agreements with customers
• Coordinate and prepare information for RFP requests
• Cross selling other Northwest products and services
• Recommend improvements to procedures
• Maximize technology tools available
• Assure accurate information passed to Trust Operations
• Oversee system coding on individual accounts
• Minimize departmental nonpayroll costs
• Adhere to stated Trust department fee schedules
• Minimize non standard fee schedules
Additional Essential Functions
• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
• Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
• Work as part of a team
• Work with on-site equipment
Safety and Health for those without supervisory duties
• Abide by the rules of the safety and loss prevention program
• Perform work tasks in a safe manner
• Report any and all injuries to supervisor
• Know what to do in case of an emergency
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Bachelor's Degree business / finance / related
Work Experience
8 - 12 years investment experience within a trust department, RIA
General Employee Knowledge, Skills, and Abilities
• Ability to establish effective working relationships among team members and participate in solving problems and making decisions
• Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
• Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
• Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
• Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas
Additional Knowledge, Skills and Abilities
Ability to analyze financial data
Knowledge of economics and markets
Client relationship management skills
Licenses and Certifications
CFA, CFP, CIMA
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
Top Skills
What We Do
Northwest Bank is a privately held community bank focused on serving the specific needs of businesses in Washington, Oregon, Idaho and Utah. Our experienced bankers deliver customized financial solutions and exceptional customer service. We do that by getting to know you, your business and your aspirations, first. Then we create a plan that will work, and stay with you every step of the way. We see our relationship with you as a partnership, the way banking should be. Trust matters when picking your financial partner. Northwest Bank is rated as one of the best capitalized banks in the nation. We have earned 5-Star “Superior” ratings from both BauerFinancial® and Bankrate.com’s Safe and Sound® ratings service. Founded in 2008, we have offices in Boise, Idaho; Portland, Oregon; Coeur d'Alene, Idaho; Seattle, Washington; and Salt Lake City, Utah metropolitan markets. Northwest Bank: Experienced Bankers. Exceptional Service. Creative Solutions. Member FDIC Equal Housing Lender
