Wealth Management Portfolio Manager

FUNCTION: Working under the direction and guidelines established by the Chief Investment Officer-WMG, the Portfolio Manager is primarily responsible for managing client investment portfolios, maintaining client relationships, and contributing to development of new business. The position also sits on the Trust Investment Committee, performing investment research and making recommendations for use with managed investment portfolios.

ACCOUNTABILITIES:

Investment Management

                                     

• Performs research and analysis on equity, fixed income and mutual fund securities utilizing fundamental, technical and quantitative data.  Oversees dissemination of pertinent reports and information on current and prospective investments to investment management team.
   
• Presents recommendations on new and existing investments to Investment Committee for review and approval. 

  Client / Relationship Management

• Manages client portfolios (personal or institutional) within department or client investment policy guidelines and established investment objectives, including:
• establishing an investment policy statement

• purchasing approved securities to meet client goals and objectives
• reviewing portfolios to ensure they comply with department policy and client objectives.
• meeting with clients to review current portfolio, strategy, performance, etc.
• Contributes to development of department investment communications for use with clients, prospects, portfolio managers, other Bank departments and Bank management.

• Works with account administrators and support staff to answer client inquiries, respond to client requests, initiates proactive customer and new business prospect communications, and otherwise deliver outstanding client service.

  System Management / Compliance

• Assists as needed in placing securities trades, including communica­tions with approved broker/dealers and processing trade executions.
• Assists in ensuring that the Bank is in compliance with local, state and federal regulations

  Business Development

• Contributes to business development efforts and supports business development staff by participating in meetings with prospective clients, referral sources and other centers of influence.

General:

• Interacts harmoniously and effectively with others, focusing upon the attainment of bank goals and objectives through a commitment to teamwork.
• Conforms to acceptable punctuality/attendance standards as expressed in the Employee Handbook.
• Performs additional duties as requested.

  Knowledge/Skills/Experience

• Undergraduate degree or equivalent professional experience required, with a degree in business or finance preferred.
• Chartered Financial Analyst (CFA) designation or candidate preferred.
• Strong understanding of the economy, financial markets and investments.
• 5-10 years of investment management experience.
• Strong interpersonal and communications skills (verbal and written) essential.
• Self-motivated and results-oriented, with the ability to work effectively in a multi-task environment with limited supervision.

  Physical Demands/Conditions Requirements:

General office environment.  Moderate lifting (to 35 lbs.) required.  Moderate reaching, walking, sitting and standing required.

Equipment Used:

General office equipment.

External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on an individual basis.