Investment Officer I

NBT Bank•Albany, NY

About The Position

Responsible for administering trust accounts and meeting with customers to provide periodic account reviews. Constructs portfolios from cash and adjusts holdings of new portfolios to comply with departmental guidelines with regard to asset allocation, sector weightings and security composition in accordance with account investment objectives. Monitors portfolios of accounts and makes adjustments as needed. Prepares investment proposals for a new business accounts and maintains a clear understanding of their objectives while making recommendations. Understands and stays updated of the current investment climate while ensuring that customers and Trust Division Officers are kept will informed. Reviews accounts annually to warrant that all are managed in accordance with the objectives of the account. Serves as a member of the Trust Investment Committee.

Requirements

Bachelors degree in Business or Finance , or equivalent education and experience
2 Years experience in managing investment accounts
Courses in economics and finance helpful
Ability to absorb information and reach conclusions about appropriate actions
Effective interpersonal skills to work with individual clients and organization committees
Proficient in Excel, Word and PowerPoint
Ability to develop and present sales proposals
Knowledge of investment markets, portfolio management, securities trading and trust industry

Nice To Haves

Anticipate that person in this position would be working toward or have attained Accredited Fiduciary Investment Manager (AFIM) or similar designation.

Responsibilities

Administer trust accounts and meet with customers to update investment performance. Conduct portfolio management on all assigned accounts.
Monitor the current investment climate and keep both customers and Trust Division Officers informed of any relevant changes. Cooperates as a team player when interacting with departmental, divisional and company peers.
Assist in monitoring the organization’s investment portfolio, Prepare month end reports as required.
Execute securities trades and customer securities transactions.
Prepare investment proposals for prospective clients. Meets with new business customers to ascertain investment objectives and makes recommendations.
Review all trust accounts annually to ensure accounts are being managed correctly and in accordance with the objectives of the account.
Other duties as assigned.

Benefits

Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
Parental Leave: Six weeks of paid leave at 100% of your salary.
Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
Dental and Vision Coverage: Ensuring your overall health and well-being.
Flexible Spending Accounts: For healthcare and dependent care expenses.
Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.
Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
Voluntary Benefits: Including hospital, accident, and critical illness coverage.
Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
Adoption Assistance: Supporting your growing family.
Tuition Reimbursement: Invest in your education and career growth.
Employee Assistance Program (EAP): Access to support and resources.
Pet Insurance: For all your furry friends.
Financial and Banking Services: Various banking services benefits and financial planning assistance.