PWM Portfolio Management Managing Director
Company: Us Bank
Location: San Diego
Posted on: September 17, 2023
|
|
Job Description:
At U.S. Bank, we're on a journey to do our best. Helping the
customers and businesses we serve to make better and smarter
financial decisions and enabling the communities we support to grow
and succeed. We believe it takes all of us to bring our shared
ambition to life, and each person is unique in their potential. A
career with U.S. Bank gives you a wide, ever-growing range of
opportunities to discover what makes you thrive at every stage of
your career. Try new things, learn new skills and discover what you
excel at-all from Day One.Job DescriptionResponsible for managing a
team of portfolio managers which invests assets for high-net worth
and ultra-high-net worth individuals, trusts, endowments and
foundations in a manner consistent with the established investment
objectives and strategies of the company and/or the client.
Individual will be responsible for driving growth within the market
through dynamic leadership, ensuring accountability for investment
and regulatory compliance amongst portfolio managers, and will
inspire both fellow employees and clients with exceptional
communication skills. This position will also have the
responsibility for direct oversight of a limited number of client
relationships. In particular, the managing director will focus
their team on the expansion of existing client relationships,
minimization of client attrition, and the development of new client
relationships. Portfolio Managers are key participants in securing
new client business, with senior level Portfolio Managers often
managing the most complex and largest relationships. Counsel
clients within the market on complex traditional and alternative
investments and implement investment strategy through customized
trading activity.Essential Responsibilities:Manage a team of
portfolio managers responsible for investment management of
individual and/or trust account assets to maximize investment
return commensurate with an acceptable level of risk. Drive
business growth by having their team acquire new clients, expand
existing client relationships or minimize client attrition. Be
responsible for employee development, advocacy, problem solving,
and hiring within the Wisconsin PWM market. Assist in the
development and implementation of short and/or long-term investment
policies and strategies based on management investment philosophy
and customer investment objectives. Keep informed of developments
in investment markets, using fundamental and/or technical research
to arrive at sound and timely investment decisions, and be
comfortable to presenting to clients and prospects in group
settings. Support the market with new business development,
relationship management, marketing and prudent investment decision
making. Assist senior portfolio managers with major accounts, and
have the ability to manage a relatively small individual book of
business. Actively ensure compliance with the U.S. Bank Code of
Ethics and all Anti-Money Laundering, Bank Secrecy Act, information
security and suspicious activity reporting requirements, policies
and procedures. Actively participate in any required corporate and
business line training in these areas. Follow account opening
procedures and understand and follow internal suspicious activity
referral requirements and processes, as required for this position.
Actively work with customers to understand each customer's normal
account activity, as appropriate for this
position.Accountabilities:Responsible for the management of the PWM
investment personnel in California. Drive growth for the market by
working to assess and develop our investment personnel, partner
with other market discipline leaders, and manage the business unit
in alignment with regional and national business goals and
practices. Assist with the management ofthe larger and potentially
more complex and important investment accounts. Develop, recommend,
and direct the execution of investment programs designed to achieve
the objectives of a group of client accounts by all of this
individual's direct reports. Will be responsible for talent
identification, hiring and development, and will serve as an
investment leader within the San Diego, CA region with other fellow
investment managing directors.Basic Qualifications:1. 12+ years of
investment management experience.2. MBA or CFA designation
preferred.3. Excellent verbal and written communication skills.4.
Well-developed analytical, decision-making and problem-solving
skills.5. History or desire to lead and grow a team of investment
professionals as the primary focus of this role.If there's anything
we can do to accommodate a disability during any portion of the
application or hiring process, please refer to our. Learn how
drives meaningful relationships with our customers and
collaboration across the company.Benefits:Our approach to benefits
and total rewards considers our team members' whole selves and what
may be needed to thrive in and outside work. That's why our
benefits are designed to help you and your family boost your
health, protect your financial security and give you peace of mind.
Our benefits include the following (some may vary based on role,
location or hours):
Keywords: Us Bank, San Diego , PWM Portfolio Management Managing Director, Executive , San Diego, California
Click
here to apply!
|