Trust Portfolio Manager 1

City National Bank of WV • Staunton, VA

8h

About The Position

City National Bank is seeking a Trust Portfolio Manager 1 to work closely with Portfolio Managers in supporting the investment function and executing investment programs for assigned relationships. The position manages a book of portfolios within investment policy guidelines and compiles research from various resources to contribute to the Trust Investment Committee.

The role includes working with clients and prospective clients to review financial objectives and accounts, supporting new business development through proposal preparation and presentations, and assisting with special projects. The employee must adhere to regulatory compliance policies and procedures and participate in community-based activities. Work is generally performed indoors in environmentally controlled conditions. The role is scheduled Monday through Friday, with limited overnight travel potentially necessary.

Requirements

• Bachelor’s degree in a related field.
• Familiarity with a broad range of trust and investment services.
• Familiarity with overall investment markets.
• Willingness to attend Trust School.
• Strong attention to detail.
• Computer proficiency with Word, Excel, Access, and PowerPoint.
• Excellent written and verbal communication skills.
• Familiarity with tax and regulatory issues.

Nice To Haves

• Three to five years of relevant experience is preferred.

Responsibilities

• Direct the purchase, sale, and redemption of investment securities.
• Work with portfolio managers on asset allocation for client portfolios.
• Monitor the Division’s approved securities daily.
• Support and maintain the Division’s approved equity, mutual fund, and exchange-traded fund securities lists, including preparing for Trust Investment Committee meetings.
• Perform due diligence on the Division’s closely held securities lists.
• Conduct annual Reg 9 reviews in collaboration with Trust Administrative Officers.
• Meet with prospective and existing clients to review financial objectives and accounts.
• Support new business development officers by preparing proposals, including client presentations.
• Assist Trust Portfolio Managers with special projects as assigned.
• Adhere to regulatory compliance policies and procedures.
• Participate in community-based activities.

Benefits

• Paid time off.
• Paid parental leave.
• Medical coverage.
• Dental coverage.
• Vision coverage.
• 401(k) match.
• Comprehensive training programs and ongoing professional development.

What This Job Offers

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