Key Private Bank Wealth Services - Portfolio Manager

KeyBank • Brooklyn, OH

3d • Hybrid

About The Position

The Portfolio Manager manages and constructs investment portfolios in accordance with clients’ investment goals and objectives. The role advises clients on appropriate strategies and customizes portfolios to meet their needs and preferences, collaborating closely with the relationship team to deliver effective strategies, solutions, and service that exceed client expectations. The position is expected to offer the full breadth and depth of the Wealth Segment’s capabilities and may manage Portfolio Advisor Associates or mentor less-experienced Portfolio Managers.

As part of the relationship management team, the Portfolio Manager helps execute client strategies and meet Wealth Segment goals. The role manages large and complex investment accounts with discretionary latitude for advising, planning, and executing strategies; contributes to relationship strategy; and structures, reviews, and monitors portfolios in accordance with client objectives and investment policies. It also supports client relationships and business development, including assigned individual sales goals.

Requirements

• Undergraduate degree in a business-related field.
• At least 5 years of experience in investment management.
• Excellent written and verbal interpersonal and communication skills.
• Strong client focus.
• Strong presentation skills.
• Ability to work as part of a sales and client-servicing team.
• Experience and proven success in an open-architecture environment.
• Progress toward an advanced degree or professional certification.
• Demonstrated track record of sales success.
• Experience managing a high-net-worth book of business.
• Ability to use office equipment, a trust accounting system, and a portfolio management system.

Responsibilities

• Manage large and complex investment accounts with discretionary latitude for advising, planning, and executing investment strategies.
• Evaluate client goals and objectives, contribute to relationship strategy, and construct portfolios that execute the strategy.
• Review and structure portfolios in accordance with client objectives and investment policy; initiate investment programs and execute transactions consistent with investment strategy.
• Advise clients and execute strategies consistent with the principles of an open-architecture platform.
• Pursue and implement broad asset-allocation strategies consistent with Wealth Segment investment guidance.
• Review portfolios and analyze investment performance.
• Maintain compliance with internal policies and procedures.
• Maintain expertise in financial markets and related areas, and participate in or contribute to investment committees.
• Manage portfolios within a fiduciary framework.
• Assist the relationship management team in developing investment policy and strategy.
• Participate in relationship reviews and offer ideas and strategies to advance client aspirations and position Key as the client’s trust advisor.
• Interface with Wealth Segment advisors and sales team members to provide client service.
• Provide the Relationship Manager timely feedback on important or critical client events and discussions.
• Consult with clients’ other advisors on asset allocation and execution of overall investment strategy.
• Introduce existing clients to Wealth Segment products and services to support business development.
• Explain the competitive advantages of the Key Private Bank platform and process as a portfolio advisor.
• Meet or exceed individual sales goals, which may include expanding existing client business, referrals, and new business growth.
• Meet and communicate with clients, prospective clients, and centers of influence to foster business relationships, develop referrals, and enhance the Community Bank’s image.
• May manage Portfolio Advisor Associates and/or mentor less-experienced Portfolio Managers.

Benefits

• Eligible for incentive compensation, which may include production, commission, and/or discretionary incentives.
• Eligible for benefits; specific benefits are not listed in the posting.
• Flexible options for working in a mobile environment where the role can be performed effectively.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior