Relationship Management Officer, Portfolio Management

Glenmede Trust Co•Philadelphia, PA

9d•Hybrid

About The Position

The Relationship Management Officer, Portfolio Management serves designated private client relationships by providing comprehensive investment advice and ongoing portfolio management aligned with client objectives, goals, and the firm’s investment practices. The role works closely with experienced relationship managers, wealth advisory colleagues, and financial planners to deliver integrated investment solutions for clients’ goals-based needs. It requires working knowledge of financial, estate, and tax planning, as well as fiduciary and trust administration. The officer identifies issues, develops ideas, and articulates solutions to relationship managers, client service teams, and clients. This role is intended for a career-oriented individual who wants to integrate investment and financial planning knowledge while developing relationship management skills. The position operates in a hybrid work environment, with three days per week in the Philadelphia, Pennsylvania office. Responsibilities span portfolio management and investments, relationship management and client service, portfolio and account administration, business development, business acumen, and firm-building initiatives.

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.
Excellent communication and interpersonal skills to clearly articulate key messages to clients and firm 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.

Nice To Haves

Advanced degree (MBA) or certification such as CFA or CFP, demonstrating specific portfolio management expertise.
Demonstrated ability to manage investment portfolios for investment management accounts and fiduciary accounts, including irrevocable or revocable trusts.
Strong knowledge of and interest in capital markets.

Responsibilities

Independently develop, implement, and actively manage investment plans consistent with client goals and the firm’s investment practices.
Navigate client conversations and inquiries about portfolio management and investment strategy in a manner consistent 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 maintain alignment 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 and help ensure client contact standards are met with every decision maker in the relationship.
Collaborate with the service team to formulate and deliver asset sufficiency and basic WealthView/Goals-Based Wealth reports.
Participate in client meetings and provide expertise on investment-related issues.
Contribute as a member of client service teams and assist with client onboarding.
Respond to client inquiries and initiate and coordinate client communications when appropriate.
Work with client relationship professionals and colleagues across the firm to provide clients with relevant wealth management expertise.
Identify financial and non-financial considerations for the overall investment plan and take responsibility for implementing conclusions.
Ensure portfolio management compliance reporting and oversight requirements are met.
Maintain client information in accordance with documentation retention practices and procedures using the CRM system and other required technology platforms.
Approve transaction requests, including disbursements, trades, and cash transfers via ACH or wire, in compliance with regulatory policies and procedures.
Participate in new business development when appropriate, attend Glenmede-sponsored events, and identify opportunities to expand existing business or obtain qualified referrals.
Develop in-depth knowledge of the firm’s investment processes and philosophy by participating in Investment Policy Committee meetings, Manager Research meetings, and other forums.
Develop in-depth knowledge of trading and investment or portfolio management systems to improve day-to-day investment management efficiencies across multiple 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, improved client service, and increased productivity.
Contribute to the firm’s thinking on investment issues and processes.
Perform other duties and responsibilities as required by the business.