Director Portfolio Mgr Senior

City National Bank • Irvine, CA

9d

About The Position

Manage RBC Rochdale client assets. Develop investment strategies and make investment decisions, to achieve clients' investment goals.

Requirements

• Master's Degree
• A minimum of 15 years of investment management experience
• CFA - Charter Financial Analyst
• FINRA Series 7 and 66 securities

Nice To Haves

• CAIA Preferred

Responsibilities

• Relationship Management
• Expand and deepen relationships with financial advisors and clients.
• Act in a leadership role and as technical resource for advisors.
• Ensure that advisors are kept abreast of firm and industry developments.
• Ensure that the transition from the sales process to portfolio management is smooth and accurate.
• Handle advisor and client communication. Serve as the central point of the relationship.
• Prepare client presentations.
• Communicate regularly with advisors to ensure that investment solutions and services are meeting their needs, expectations, and specifications.
• Facilitate and conduct individual meetings and presentations.
• Operate and represent Rochdale with the highest level of integrity and work ethic.
• Account and Portfolio Management
• Manage an assigned group of investment portfolios.
• Work closely with clients and advisors, advising them on strategies to achieve investment goals.
• Structure investment portfolios and rebalance asset allocation within client’s investment objects and risk tolerance.
• Trade implementation and strategic rebalancing for new and existing client accounts.
• Review the assets in each account periodically to ensure that investments meet the intent and strategies of the client.
• Manage cash flow, reinvestment and liquidity requirements.
• Communicate to clients about current market conditions, investment alternatives, asset allocation and portfolio results. Make adjustments to their investment strategies as needed.
• Attend client meetings.
• Business Development
• Partner with Senior Investment Consults, Private Bankers and Business Managers by getting in front of prospective advisors and clients and closing the sale.
• Investment Strategy/Trading and Research
• Demonstrate expert knowledge of both internal and external investment solutions.
• Communicate strategic shifts and changes in the marketplace to clients, advisors, and internal colleagues.
• Analyze alternative investment and risk scenarios (e.g. relative value, overall investment return, interplay of various asset classes, and comparative return of different markets)
• Management
• The lead member of a team, who as Senior PM are responsible for a client/advisor assets over $1.0B and leads a team portfolio associates and/or analysts teammates.
• Demonstrate Senior Leadership skills to develop portfolio managers and junior teammates.
• Consistent commitment to supporting the learning and development of all team colleagues in conjunction with the learning and development group.Lead each team member to perform at a high level; monitors, reviews and establish performance attributes for each team colleague annually.
• Consistently demonstrates and Outward Mindset, focused on the needs of the client and the firm as a priority over self or the team. As demonstrated by the priorities and actions being consistent with the mission, values, purposes of CNB and Rochdale.
• Top Grade Performer as viewed by his/her clients, advisor/banker/business manager partners, peers and firm leadership. The Team Consistently achieves highly satisfying levels of services as determined by advisors/bankers/business partners and clients.
• Risk Management and Compliance
• Follow appropriate Regulation 9 process.
• Accurately complete various compliance related reporting in a timely manner.
• Maintain all appropriate training and continuing education requirements for both internal programs and external licenses and certifications.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees