Associate II, Portfolio Manager

First National Bank of Omaha•Kansas City, MO

1d•Onsite

About The Position

The Associate II, Portfolio Manager supports the investment team through trade execution, client relationship management, research, and reporting across equity and fixed income portfolios. The role includes discretionary investment authority for assigned accounts within established guidelines and risk parameters, with expectations to take on additional responsibilities and accounts over time. It combines investment professional work—portfolio management, trading, client communication, and research—with operational support functions. The position manages a small portfolio of client relationships, communicates investment information directly to clients, and produces recurring and ad hoc portfolio, performance, and compliance reports. It conducts research for the Tower Select strategy, analyzes investment opportunities and market trends, and prepares materials and analysis for the CCB Investment Committee. Investment professional activities are described as approximately 40–50% of the role, and operational support activities as approximately 50–60%. The role is anticipated to be onsite at the posted location. FNBO notes that the work location may change based on business needs. Candidates must have unrestricted work authorization and must not require future sponsorship. The posted base compensation range is $69,616–$114,867; the final offer may vary based on work experience, education, and skill level.

Requirements

Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
1–3 years of experience in investment management, portfolio operations, or a related financial services role.
Demonstrated experience with trade execution in equity and/or fixed income markets.
Strong understanding of equity and fixed income securities, valuation principles, and market dynamics.
Working knowledge of portfolio management concepts, including asset allocation, diversification, and risk management.
Familiarity with performance measurement and attribution analysis.
Understanding of investment strategies involving ETFs, mutual funds, and individual securities.
Knowledge of regulatory and compliance requirements affecting investment management.
Advanced Microsoft Excel skills, including financial modeling, data analysis, and report automation.
Competency with Microsoft Office Suite, including Word, PowerPoint, and Outlook.
Strong data management and analytical capabilities, with the ability to analyze complex financial data, identify trends, and draw actionable conclusions.
High degree of accuracy in trade execution, reporting, and data management.
Strong written and verbal communication skills for client interactions and presenting findings.
Sound judgment and ability to exercise discretion within established investment guidelines.
Ability to manage multiple priorities, meet deadlines, and balance competing demands.
Resourcefulness in troubleshooting operational and systems issues.
Ability to collaborate effectively with Portfolio Managers, operations teams, and clients, and to demonstrate professionalism in client-facing situations and team presentations.
Self-motivation and ability to work independently; strong work ethic and commitment to excellence; adaptability to changing priorities and growing responsibilities; and an ethical approach to investment management and client service.
Unrestricted work authorization and no need for future sponsorship.

Nice To Haves

CFA Level I candidacy or progress toward a CFA designation.
Experience with Axys, Moxy, Genesis, Black Diamond, or similar portfolio management systems.
Prior exposure to client relationship management or client service in a professional setting.
Experience working with portfolio management or trading systems.
Desire to continue learning and expand investment knowledge and capabilities.

Responsibilities

Manage assigned investment accounts and exercise trading authority within established guidelines and risk parameters.
Make investment decisions, including trade timing, security selection, portfolio rebalancing, and cash management; assume responsibility for additional accounts throughout the year.
Execute equity and fixed income trades accurately and promptly.
Troubleshoot and resolve operations and systems issues across portfolio management platforms, maintaining operational efficiency and system integrity.
Manage a small portfolio of client relationships and communicate investment information and updates directly to clients.
Generate monthly performance reports, style tilts, look-throughs, and USCCB compliance checks; produce quarterly performance reports for assigned clients.
Support client communication and service needs.
Conduct ongoing research for the Tower Select strategy; analyze investment opportunities and market trends and present findings to the investment team.
Prepare information and materials for the formal CCB Investment Committee, and provide data, analysis, and insights to support its decision-making.
Prepare weekly bond purchase reports for Portfolio Managers covering purchases from the previous seven days.
Generate ad hoc reports as requested and maintain and update the monthly Guidance List.
Run monthly fund performance spreadsheets analyzing ETFs and mutual funds on the Guidance List and distribute results to Portfolio Managers.
Prepare and distribute monthly fact sheets.
Compile quarterly strategy trades, update the economic review for Portfolio Manager client presentations, and generate the Firm Wide Assets report with detailed breakdowns by Portfolio Manager and category.
Document and communicate Investment Committee guidance as needed.
Maintain accurate records of trading activity, investment decisions, and client interactions.
Support Portfolio Managers with presentation materials and client-facing documentation, and distribute reports and updates to stakeholders on time.
Expand account management, analytical and presentation duties, Investment Committee involvement, and client-facing activities as responsibilities grow.