Portfolio Manager (Private Asset Management)

TIAA • Fairfax, VA

3d • Hybrid

About The Position

Portfolio Manager, Private Asset Management The Portfolio Manager, Private Asset Management serves as a central point of contact for high net worth clients and is responsible for overseeing investment portfolios and delivering personalized advice. This role involves direct portfolio oversight, regular engagement with clients, and thoughtful implementation of asset allocation strategies. Key Responsibilities and Duties Builds successful investment portfolios informed by market conditions and economic trends. Maintains accurate records and documentation for audits and client reporting. Recommends portfolio adjustments to grow client’s net worth based on industry trends identified through market and risk analysis. Executes securities transactions in client portfolios to maintain a specific investment strategy or to reach an investment objective. Determines acceptable risk levels with clients based on time frames, risk preferences, return expectations, and market conditions. Evaluates the performance of investment portfolios and ensures compliance with standards provided by regulatory organizations including conformance with investor disclosures, privacy laws, anti-money laundering requirements, and anti-fraud measures. Maintains new and existing client relationships, including informing clients of market conditions, updating them on investment research and economic trends, and meeting with them to discuss their portfolio performance and investment objectives. Maintains and informs team of updated knowledge of capital markets and the investment management industry to make informed decisions and implement best practices. Provides input into investment models and allocation frameworks. Supports business development and client retention initiatives. Additional Responsibilities All licenses must be obtained within 120 days from start date. PLEASE NOTE: TIAA's Portfolio Manager - Private Asset Management is an individual client-facing, investment manager opportunity (wealth management). Candidates should possess individual client-facing level of experience for further consideration. Location: This position is deemed Hybrid Flex which means this position will not be a fully remote position but will allow for some flexibility. Target location(s) for this opportunity is Fairfax, VA or Washington, DC.

Requirements

• 5+ Years Required; 7+ Years Preferred
• FINRA Registrations SRC Indicator: Series 65
• All licenses must be obtained within 120 days from start date.
• Candidates should possess individual client-facing level of experience for further consideration.

Nice To Haves

• University (Degree) Preferred

Responsibilities

• Builds successful investment portfolios informed by market conditions and economic trends.
• Maintains accurate records and documentation for audits and client reporting.
• Recommends portfolio adjustments to grow client’s net worth based on industry trends identified through market and risk analysis.
• Executes securities transactions in client portfolios to maintain a specific investment strategy or to reach an investment objective.
• Determines acceptable risk levels with clients based on time frames, risk preferences, return expectations, and market conditions.
• Evaluates the performance of investment portfolios and ensures compliance with standards provided by regulatory organizations including conformance with investor disclosures, privacy laws, anti-money laundering requirements, and anti-fraud measures.
• Maintains new and existing client relationships, including informing clients of market conditions, updating them on investment research and economic trends, and meeting with them to discuss their portfolio performance and investment objectives.
• Maintains and informs team of updated knowledge of capital markets and the investment management industry to make informed decisions and implement best practices.
• Provides input into investment models and allocation frameworks.
• Supports business development and client retention initiatives.

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees