Investment Associate

Old National Bank•Evansville, IN

1d•Onsite

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

Bachelor’s degree preferred
1-3 years’ experience working with portfolio managers
Strong administrative/organizational skills
Strong verbal and written communication skills
Ability to work with little oversight

Responsibilities

Partners with other Wealth Management employees to develop and retain high net worth clients.
Work closely with portfolio managers to specific create a successful client experience.
Work with Portfolio Managers in obtaining investment policy objectives and setting the right asset allocation.
Assist with modeled strategies that require analytical and strong decision-making skills.
Assist with managing risk across the book of business.
Recommend and implement changes to the holdings and asset allocation to maintain compliance with strategies and policies.
Assist in ensuring assigned portfolios are managed consistently, including maintaining the proper asset allocation, portfolio rebalancing, implementing investment changes, and raising cash.
Assist in transitioning non-compliant portfolios to approved strategies.
Assist in managing account liquidity to provide for ongoing cash demands and distributions and risk management.
Assist in completing all special requests on assigned accounts to maintain cash needs based on client requests.
Assist in creating performance books for presentation to clients
Assist in analyzing model strategies and updating the strategies to the relevant asset allocation
Assist in tracking the volume of modeled investment strategies and performance
Assist in performing annual Reg 9 Investment reviews for assigned accounts and ensure full compliance with regulations.
Partners with Wealth associates in client presentations, review of portfolio structure and investment performance reporting.
Prepares and presents detailed investment information that PMs will share with clients.
May provide investments thoughts to PMs and investment associates.
May participate in weekly Portfolio Manager meetings.
Work individually or with a team on assigned projects.