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Portfolio Manager II

Providence, Rhode Island

Job Description:

Portfolio Manager II, Private Bank -

The Portfolio Manager is the investment quarterback of the client relationship and is responsible for evaluating, designing and overseeing all aspects of portfolio construction with a goal of driving strong investment performance on a risk adjusted basis.

  • Oversee completion of investment policy statement to gain a deep understanding of client risk tolerance.
  • Act as a technical/industry expert in managing complex client relationships
  • Work with business partners to deepen existing client relationships and effectively communicate the Private Bank investment philosophy and value proposition.
  • Strong familiarity with the Private Bank Investment platform, products and solutions  
  • Work with clients to review investment performance and forecast market changes based on economic and industry analysis to ensure current asset allocation is appropriate.
  • Conduct all aspects involved with managing portfolios, including digital engagement, trade execution, maintaining investment action plans, monitoring and addressing overdrafts, conducting Reg. 9 investment reviews, and documenting account activities and client interactions.
  • Support revenue growth of the Regional Office by meeting individual investment management, credit and deposit goals.
  • Supervising, mentoring and coaching junior staff members.

Required skills:

  • Strong relationship management skills 
  • Knowledge of fiduciary and financial products and services required 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 with regard to the investment management of client assets

Qualifications:

  • A minimum of 4+ years of investment decision making and financial consulting experience working with high net worth clients.
  • Proven experience in investment and financial asset management as an analyst or portfolio manager in a financial institution environment
  • Strong understanding of the fiduciary standard and strategies for managing risk
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • High interest in and enthusiastic about economic and financial markets and trends
  • Flexible to travel locally to meet clients as required
  • Undergraduate degree in Finance, Accounting, Economics or equivalent preferred as well as holding or working towards appropriate credentials such as CFP and or CFA designation.

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Portfolio Manager II, Private Bank -

The Portfolio Manager is the investment quarterback of the client relationship and is responsible for evaluating, designing and overseeing all aspects of portfolio construction with a goal of driving strong investment performance on a risk adjusted basis.

  • Oversee completion of investment policy statement to gain a deep understanding of client risk tolerance.
  • Act as a technical/industry expert in managing complex client relationships
  • Work with business partners to deepen existing client relationships and effectively communicate the Private Bank investment philosophy and value proposition.
  • Strong familiarity with the Private Bank Investment platform, products and solutions  
  • Work with clients to review investment performance and forecast market changes based on economic and industry analysis to ensure current asset allocation is appropriate.
  • Conduct all aspects involved with managing portfolios, including digital engagement, trade execution, maintaining investment action plans, monitoring and addressing overdrafts, conducting Reg. 9 investment reviews, and documenting account activities and client interactions.
  • Support revenue growth of the Regional Office by meeting individual investment management, credit and deposit goals.
  • Supervising, mentoring and coaching junior staff members.

Required skills:

  • Strong relationship management skills 
  • Knowledge of fiduciary and financial products and services required 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 with regard to the investment management of client assets

Qualifications:

  • A minimum of 4+ years of investment decision making and financial consulting experience working with high net worth clients.
  • Proven experience in investment and financial asset management as an analyst or portfolio manager in a financial institution environment
  • Strong understanding of the fiduciary standard and strategies for managing risk
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • High interest in and enthusiastic about economic and financial markets and trends
  • Flexible to travel locally to meet clients as required
  • Undergraduate degree in Finance, Accounting, Economics or equivalent preferred as well as holding or working towards appropriate credentials such as CFP and or CFA designation.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21045314

Band: H5

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Susan Membrino

Referral Bonus:

0

Street Address

Primary Location:
1 FINANCIAL PLZ, RI, Providence, 02903