Relationship Management Officer, Portfolio Management

Glenmede•Philadelphia, PA

10d•Hybrid

About The Position

The Relationship Management Officer, Portfolio Management serves designated private client relationships by providing comprehensive investment advice and ongoing portfolio management consistent with client objectives, goals, and the firm’s investment practices. The role works closely with experienced relationship managers, wealth advisors, and financial planning colleagues to deliver integrated investment solutions for clients’ goals-based needs. The position requires working knowledge of financial, estate, and tax planning, as well as fiduciary and trust administration. The officer identifies issues, develops ideas, and communicates solutions to relationship managers and client service teams. It is intended for a career-oriented professional seeking to integrate investment and financial planning knowledge while developing relationship management skills. The position is based in a hybrid work environment, with three days per week in the Philadelphia, Pennsylvania office.

Requirements

Bachelor’s degree.
4–6 years of experience in a financial services organization, primarily performing portfolio management duties.
Demonstrated ability to articulate views and navigate conversations about financial markets and portfolio management.
Working knowledge of private equity, hedge funds, and other specialized investment strategies.

Nice To Haves

Advanced degree (MBA) or certification (CFA or CFP), demonstrating solid wealth-management knowledge and portfolio-management expertise.
Experience managing investment portfolios for investment management accounts and fiduciary accounts, including irrevocable or revocable trusts.
Strong knowledge of and interest in capital markets.
Excellent communication and interpersonal skills, with the ability to clearly articulate key messages to clients and colleagues.
Ability to work collaboratively with private clients in a team-based environment.
Understanding of the firm’s values, processes, products, services, and strategies.
Ability to manage multiple tasks or projects with varying timelines and stakeholders from inception through completion.

Responsibilities

Independently develop, implement, and actively manage investment plans aligned with client objectives, goals, and the firm’s practices.
Lead client conversations and respond to inquiries about portfolio management and investment strategy consistently with the firm’s views.
Help clients identify and articulate their goals.
Develop and implement asset allocation and investment plans, including documented investment policy statements.
Initiate and execute trades to keep portfolios aligned with client goals, risk tolerance, and Investment Policy Committee recommendations.
Conduct investment research as needed and review daily transaction reports for potential investment actions.
Serve as a client contact alongside the Relationship Manager and/or Wealth Advisor, meeting firm client-contact standards with relationship decision makers.
Collaborate with the service team on asset sufficiency and basic WealthView/Goals-Based Wealth reports.
Participate in client meetings and provide expertise on investment-related issues.
Contribute as a client service team member and assist with client onboarding.
Respond to client inquiries and initiate or coordinate client communications when appropriate.
Collaborate with professionals on client teams and across the firm to bring relevant wealth-management expertise to clients.
Identify financial and non-financial considerations for integration into investment plans and implement resulting conclusions.
Ensure required portfolio management compliance reporting and oversight requirements are met.
Maintain client information using the CRM system and other required technology platforms in accordance with documentation-retention practices.
Approve transaction requests in compliance with regulatory policies and procedures, including disbursements, trades, and cash transfers via ACH or wire.
Participate in new business development when appropriate and attend Glenmede-sponsored events.
Identify opportunities to expand existing business or obtain qualified client referrals.
Build knowledge of the firm’s investment processes and philosophy through Investment Policy Committee meetings, Manager Research meetings, and other venues.
Develop in-depth knowledge of trading and investment/portfolio management systems to improve day-to-day management efficiency across client relationships.
Build depth and breadth of experience through varied roles or assignments, professional designations, or internal recognition.
Participate in firm-wide and private client group initiatives and projects, including technology integration, enhanced client service, and increased productivity.
Contribute to firm thinking on investment issues and processes.
Perform other duties and responsibilities as required by the business.