Municipal Portfolio Manager-Investment Management Group

Rockland Trust•Lowell, MA

32d

About The Position

Rockland Trust Company's fast-growing Investment Management Group (IMG), with approximately $9B in assets under advisement, is seeking a motivated and collaborative Portfolio Manager to join our team. This position is ideal for an investment professional who is eager utilize their portfolio management skills while working closely with senior investment leaders in a highly supportive, team-based environment. As a Portfolio Manager, you will partner with Relationship Managers and other internal specialists to deliver a seamless and integrated investment management experience to municipalities and other governmental and quasi-governmental entities. Additionally, this role will play a meaningful part in relationships with our municipal/government clients, ensuring consistent, responsive service and alignment with their investment guidelines and needs. The role combines hands-on portfolio management with meaningful exposure to client relationship management and the broader investment process.

Requirements

Minimum 10+ years of experience in portfolio management, investment management, wealth management, or a related analytical/investment role.
Bachelor's degree in Finance, Economics, Business, or a related field.
Strong analytical skills, exceptional attention to detail, and the ability to manage multiple priorities.
Excellent verbal and written communication skills with the ability to explain complex concepts clearly.
Demonstrated ability to work collaboratively in a team-based environment.
Ethical, dependable, intellectually curious, and committed to serving clients as a fiduciary.
Highly organized with strong problem-solving skills and the ability to identify and resolve discrepancies with minimal supervision.
A team player who thrives in a collaborative, client-first culture.

Nice To Haves

CFA designation, MBA, or CFP preferred.
Experience with investment platforms such as Bloomberg, FactSet, Morningstar, TradeWeb, MarketAxess, Moxy, or SEI Strategy Manager.
Broad knowledge of finance, accounting, and economics.
Strong organizational and presentation skills with proven follow-through.

Responsibilities

Manage portfolios for a group of municipal/government clients in compliance with their specific Investment Policy Statements and any regulatory constraints.
Actively involved in equity and fixed-income security selection, asset allocation decisions, and investment manager due diligence.
Build new portfolios, invest new cash, raise liquidity, and regularly rebalance portfolios to target asset allocations.
Monitor daily cash positions, overdrafts, and uninvested balances; coordinate appropriate actions.
Work across a variety of systems to implement investment models that may include individual equities, fixed income securities, and funds.
Participate in client meetings supporting municipal/government client relationships through clear communication, portfolio updates and service coordination.
Maintain proactive communication with municipal/government clients to ensure portfolios remain aligned with guidelines, liquidity needs and policy requirements.
Build strong working relationships with Relationship Managers and other internal partners to deliver coordinated, client-centered service.
Review client and prospect materials, reporting packages, and data for clients, prospects, actuaries, audits, and planning discussions.
Serve as a trusted resource for investment-related questions and analysis within the broader IMG team.
Engage with the broader IMG Investment Team to support research initiatives, model portfolio development, and committee discussions.
Maintain accurate documentation of portfolio decisions, client interactions, and investment rationales.