What are the responsibilities and job description for the Wealth Management Portfolio Manager, Sr position at United Bank?
Job Description
The Senior Portfolio Manager position requires a broad and deep understanding of sophisticated wealth management, fiduciary practices and investment strategies. The Senior Portfolio Manager actively participates in the retention of existing clients, including assisting in the preparation and presentation of client proposals and reconciling account assets. The ideal candidate will have extensive investment expertise and will be able to operate in a semi-autonomous and entrepreneurial environment while maintaining a sales and client-centered focus.
Senior Portfolio Managers are team players and methodical business builders with experience and expertise as trusted portfolio managers serving the sophisticated needs of high net worth individuals, families, and institutions. The position requires an exceptional understanding of the full range of investment expertise in wealth management, fiduciary and related products, services, and processes.
Responsibilities
Please click here to access a list of benefits for which this position is eligible. Additional information regarding United's Mission, Values and Culture can be found here .
At United, our strength is our people, and we are committed to nurturing a culture that is reflective of the communities we serve; promotes respect and a shared purpose; and aligns with our core values.
Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
The Senior Portfolio Manager position requires a broad and deep understanding of sophisticated wealth management, fiduciary practices and investment strategies. The Senior Portfolio Manager actively participates in the retention of existing clients, including assisting in the preparation and presentation of client proposals and reconciling account assets. The ideal candidate will have extensive investment expertise and will be able to operate in a semi-autonomous and entrepreneurial environment while maintaining a sales and client-centered focus.
Senior Portfolio Managers are team players and methodical business builders with experience and expertise as trusted portfolio managers serving the sophisticated needs of high net worth individuals, families, and institutions. The position requires an exceptional understanding of the full range of investment expertise in wealth management, fiduciary and related products, services, and processes.
Responsibilities
- Lead in-depth discussions on asset allocation, risk, investment performance, economic, and financial market trends with clients.
- Meet with clients on a quarterly basis, or as needed, to review portfolio performance and present appropriate recommendations.
- Prepare and present in-depth materials to prospective clients.
- Evaluate financial products and services on the Wealth Management platform and recommend changes when necessary.
- Analyze investment performance of designated accounts and third-party portfolio managers utilized within the Wealth Management department.
- Design and implement investment strategy within the Wealth Management division
- Buy, sell, and trade securities for accounts in accordance with policies established by the Investment Committee.
- Complete assigned account annual reviews (“Reg-9” reviews) and related paperwork and records maintenance.
- Guide and mentor less experienced portfolio managers.
- Maintain a high service level by working closely with Private Wealth Advisors, Trust Officers, and department managers.
- Bachelor's degree required
- Minimum of seven (7) years of investment management and fiduciary portfolio management experience required
- MBA or advanced degree in Finance or related fields preferred
- CFA, CFP, CIMA or other advanced accreditations required.
- Advanced understanding of fiduciary wealth management required
- Strong, successful track record that meets or exceeds goals set consistently required
- Ability to foster teamwork and motivate colleagues required
- Client-centered focus with excellent strategic thinking ability and consultative skills
- Expert proficiency in Microsoft Office products (Microsoft Word, Excel, and PowerPoint) required
- Strong proficiency with research/analytics tools (Bloomberg, FactSet, Morningstar, Investor’s View, FirstRate)
- Demonstrated experience in effective relationship management required
- Excellent verbal and written communication and interpersonal skills required
- Ability to work with challenging clients and diverse groups of people
- Ability to travel up to 25% required
- Flexibility to accommodate work outside normal business hours
- Portfolio management
- Business Acumen
- Presentation skills
- Entrepreneurial spirit
- Enthusiastic, positive energy
- Sitting / standing for extended periods of time
- Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse and other computer components.
- Ability to converse and exchange information with all levels of staff within organization.
- Ability to observe, perceive, identify, and translate data
- Ability to travel via air, rail, automobile, and/or bus
Please click here to access a list of benefits for which this position is eligible. Additional information regarding United's Mission, Values and Culture can be found here .
At United, our strength is our people, and we are committed to nurturing a culture that is reflective of the communities we serve; promotes respect and a shared purpose; and aligns with our core values.
Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, status as a protected veteran, or any other characteristic protected by law.