Senior Investment Manager

Truist • Nashville, TN

1d

About The Position

The Senior Investment Manager partners with Wealth Advisors to deliver investment management services to new high-net-worth clients with $5 million or more in assets under management and ultra-high-net-worth clients with $25 million or more in assets under management, while deepening existing relationships in the Reserve and GenSpring segments of Truist Wealth. The role provides proactive advice grounded in financial planning and a holistic understanding of clients’ circumstances. A typical portfolio consists of approximately 40–75 client relationships, with average assets under management of $800 million and average revenue responsibility of $5 million. The Senior Investment Manager is expected to be a trusted source of investment expertise and client solutions for peers and coworkers.

As a key member of the client-facing team, the Senior Investment Manager supports business development, portfolio strategy and management, client onboarding, ongoing advice and communication, and compliance. The role manages discretionary, non-discretionary, and trust-based portfolios and works collaboratively to provide investment solutions tailored to clients’ goals and circumstances.

Requirements

• Bachelor’s degree, equivalent education, or related training.
• Ten years of investment experience, including work as an investment advisor, portfolio manager, or in other investment-related activities focused on high-net-worth and ultra-high-net-worth clients.
• Superior investment skills and knowledge and expert interpersonal capabilities.
• Strong portfolio management skills and business development capabilities; client-focused, detail-oriented, and skilled in interpersonal communication.
• Ability to work across a multi-product range that includes equities, fixed income, foreign exchange products, derivatives, structured products, alternative investments, private equity, and hedge fund strategies.
• Track record working with clients with at least $10 million, and often more than $25 million, in investible net worth.
• Ability to synthesize complex investment and economic strategy from internal and external sources to inform portfolio management decisions.
• Ability to communicate sophisticated investment and economic concepts in a straightforward, thoughtful, relatable, and client-centric manner.
• Ability to identify and explain the investment implications of sophisticated financial solutions, including GRATs, CRUTs, IDGTs, and complex insurance strategies.
• Ability to navigate organizational complexity, coordinate resources, solve problems, and deliver a high level of client service.
• Demonstrated ability to build relationships and credibility internally and externally, represent Truist in the community, and participate in external networking.
• Ability to speak occasionally at Truist-sponsored events about market and economic issues.
• Executive presence that supports perceptions of expertise, trustworthiness, credibility, and sensitivity to others.
• Entrepreneurial approach and strong business acumen, with an understanding of how individual behavior connects to Truist Wealth’s business strategy.
• Leadership among peers and ability to engage prospects in the client acquisition cycle.
• Series 65 license. Candidates have 60 days from their start date to transfer, or 100 days from their start date to acquire, all registrations and licenses required for the position.

Nice To Haves

• MBA, CFA, and/or equivalent professional designation.
• Combination of buy-side and sell-side experience.

Responsibilities

• Partner with Wealth Advisors on new business development and serve as a primary source of investment communication; assist in acquiring prospective Reserve and GenSpring clients.
• Support prospective-client information discovery and goal identification; analyze investment portfolios and develop strategies covering asset allocation, implementation, and portfolio construction.
• Assess balance-sheet complexity, including limited partnerships and business interests, and explain its effect on investment recommendations.
• Articulate the firm’s investment process and recommendations effectively.
• Develop and deepen client relationships through proactive communication and advice; assess engagement needs for family office services and provide investment education to multiple generations of families.
• Assist with client onboarding and develop Investment Policy Statements tailored to each client’s circumstances.
• Execute strategic and tactical asset allocation.
• Manage daily trading activities in discretionary, non-discretionary, and trust-based portfolios.
• Build rapport with client families before deploying capital to support long-lasting client and trusted-advisor relationships.
• Implement investment recommendations and transition new clients into ongoing portfolio management and client communication.
• Recommend, establish, monitor, and adjust investment strategies and solutions to meet account-specific investment goals and objectives.
• Follow and document risk management practices and comply with relevant regulatory policies and procedures.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment coverage
• Tax-preferred savings accounts
• 401(k) plan
• At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
• 10 sick days, prorated
• Paid holidays
• Depending on position and division, a defined benefit pension plan, restricted stock units, and/or deferred compensation plan may also be available

What This Job Offers

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