Sr. Client Portfolio Manager

Washington Trust Bank•Bellevue, WA

16h•$134,466 - $282,471

About The Position

Under the supervision of the Director of Investments, the Sr. Client Portfolio Manager partners with the WMAS Investments Team and WMAS Relationship Managers (RMs), handling investment matters and client investment inquiries for assigned accounts. The role serves as the primary contact for fully managed accounts, including IMAs, IRAs, Revocable Trusts, Charitable Trusts, and Nonprofits, in alignment with WMAS Investments’ philosophy and discipline. The position is eligible for candidates based in Bellevue, Washington, or Boise, Idaho.

Requirements

Bachelor’s degree in finance, accounting, business, or a related field.
7–10 years of progressive analytical, portfolio management, or client relationship experience and responsibilities.
Extensive knowledge of investment instruments and strategies.
Experience in client service, including identifying and meeting client needs, client communications, and participating in client meetings.
Proven ability to present information concisely and understandably to executives, management, employee groups, and clients.
Excellent written and verbal communication skills, including the ability to analyze, synthesize, and articulate complex ideas to colleagues, team members, and clients.
Excellent interpersonal skills and the ability to collaborate effectively with diverse groups, manage conflict, negotiate for results, and develop working relationships with potential and current clients.
Proven analytical skills, including the ability to review and interpret complex data, determine risk, and assess account complexity.
Proven organizational skills to meet deadlines and manage multiple projects simultaneously, with strong attention to detail and accuracy.
Familiarity with state and federal regulations and Washington Trust Bank policies relating to wealth management.

Nice To Haves

Chartered Financial Analyst (CFA), Certified Investment Management Analyst (CIMA), and/or Certified Financial Planner (CFP) designation, or working toward one or more of these designations.

Responsibilities

Handle investment aspects and client investment inquiries on assigned accounts.
Act as the primary point of contact for fully managed accounts, including IMAs, IRAs, Revocable Trusts, Charitable Trusts, and Nonprofits, consistent with WMAS Investments’ philosophy and discipline.
Assist Client Development and Front Office teams in acquiring new clients and expanding and retaining existing relationships.
Help retain client relationships after the initial sale and participate in client meetings with Relationship Managers as appropriate.
Provide information and education to Relationship Managers to support value-added client service.
Provide recommendations and research to Client Development and Front Office teams; obtain the Director of Investments’ approval for variances from WMAS Investments’ style, philosophy, or portfolio construction.
Monitor client accounts for compliance with established investment strategies, style, and philosophy, and coordinate with analysts on changes needed to keep accounts within tolerance bands.
Oversee the creation of proposals and presentations for prospects and clients as needed.
Review Annual Account Investment Reviews, excess cash, and bond maturities with Relationship Managers; communicate recommended changes and their rationale, and obtain appropriate approval before executing changes.
Participate in WMAS Investments team meetings and strategy discussions.
Assist the Director of Investments with developing and implementing investment and risk management strategies and developing fee-based products for individual, business, and institutional clients.
Coordinate with the Director of Investments to conduct education sessions, produce educational materials, and conduct seminars.
Work with the Director of Investments to mentor Client Portfolio Managers and Associate Client Portfolio Managers where appropriate.
Ensure activities comply with applicable laws, regulations, internal policies, and procedures.
Represent Washington Trust Bank professionally in community activities and organizations to promote the Bank and client relationships.
Perform compliance and risk management duties as required or assigned.