Securities Analyst

Washington Trust Bank Careers • Spokane, WA

11d • $28 - $43

About The Position

As a member of the Wealth Management and Advisory Services Investments (WMASI) team, the Securities Analyst analyzes investment securities and client portfolios; prepares reports; and assists in ongoing investment management. Essential Functions: Assists Portfolio Managers in management of investment securities or investment portfolios for individuals, employee benefit plans and institutions in a manner consistent with the Wealth Management & Advisory Services philosophy and discipline. Prepares reports as directed by Securities Portfolio Managers or requested by Relationship Managers. Prepares analysis of investment securities for prospective and existing client investment portfolios. Monitors investment securities or client accounts and alerts Securities Portfolio Managers including but not limited to the following: Changes to investment ratings are needed, Changes to the inclusion of or removal from investment performance groups, Any other change the analyst is initiating for an account. Initiates investment security or client account changes under the direction of Securities Portfolio Managers. Supports the Portfolio Manager of Selection & Trade Execution in the evaluation, monitoring and analysis of external investment managers, including mutual funds and other third‑party strategies, and assists with asset allocation research and implementation. Monitors accounts for inclusion or removal into or out of performance strategies Identifies potential investment securities that meet the criteria established by the Securities Portfolio Managers. Participates in the development of investment and risk management strategies for the WMASI team. Actively participates in WMASI meetings and strategy discussions. Stays current on news related to investment markets, investment securities or client accounts by reading and monitoring research subscriptions used within WMASI and acts as a resource for Portfolio Managers on these topics. Provides market commentary via daily team market update meeting. Ensures that their work is in compliance with all regulations and laws or internal policies and procedures. Actively represents Washington Trust Bank in community activities and organizations in a professional and confidential manner and promotes customer relations. Performs compliance and risk management duties as required or assigned. Regular, reliable attendance is required. Gathers company/municipal financial quarterly and annual reports and prepares written review. Updates and maintains databases used to support the portfolio management process.

Requirements

• Bachelor’s degree in finance, accounting, business preferred or relevant experience.
• Knowledge of various investment instruments and strategies.
• Demonstrates proficiency with financial and investment systems, including Bloomberg Professional, FactSet, Morningstar, portfolio management and reporting systems, and related investment analysis tools.
• Knowledge of fiduciary or investment procedures, documentation and processing requirements.
• Strong technical skills, with proven professional experience utilizing the Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook) Internet, and PC-based business applications.
• Strong analytical skills; ability to review and present complex data in an organized, logical format.
• Strong organizational skills with the ability to work effectively in a small team environment with multiple tasks and deadlines occurring on a regular basis.
• Strong attention to detail with high levels of accuracy as needed to deliver a quality product.
• Strong written and verbal communication skills, including the interpersonal ability to deal tactfully and effectively with diverse groups of people.

Responsibilities

• Assists Portfolio Managers in management of investment securities or investment portfolios for individuals, employee benefit plans and institutions in a manner consistent with the Wealth Management & Advisory Services philosophy and discipline.
• Prepares reports as directed by Securities Portfolio Managers or requested by Relationship Managers.
• Prepares analysis of investment securities for prospective and existing client investment portfolios.
• Monitors investment securities or client accounts and alerts Securities Portfolio Managers including but not limited to the following: Changes to investment ratings are needed, Changes to the inclusion of or removal from investment performance groups, Any other change the analyst is initiating for an account.
• Initiates investment security or client account changes under the direction of Securities Portfolio Managers.
• Supports the Portfolio Manager of Selection & Trade Execution in the evaluation, monitoring and analysis of external investment managers, including mutual funds and other third‑party strategies, and assists with asset allocation research and implementation.
• Monitors accounts for inclusion or removal into or out of performance strategies
• Identifies potential investment securities that meet the criteria established by the Securities Portfolio Managers.
• Participates in the development of investment and risk management strategies for the WMASI team.
• Actively participates in WMASI meetings and strategy discussions.
• Stays current on news related to investment markets, investment securities or client accounts by reading and monitoring research subscriptions used within WMASI and acts as a resource for Portfolio Managers on these topics.
• Provides market commentary via daily team market update meeting.
• Ensures that their work is in compliance with all regulations and laws or internal policies and procedures.
• Actively represents Washington Trust Bank in community activities and organizations in a professional and confidential manner and promotes customer relations.
• Performs compliance and risk management duties as required or assigned.
• Regular, reliable attendance is required.
• Gathers company/municipal financial quarterly and annual reports and prepares written review.
• Updates and maintains databases used to support the portfolio management process.

Benefits

• Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees