Wealth Management Portfolio Manager, Sr

United Bank•Washington, DC

12d

About The Position

The Senior Portfolio Manager position requires a broad and deep understanding of sophisticated wealth management, fiduciary practices and investment strategies. The Senior Portfolio Manager actively participates in the retention of existing clients, including assisting in the preparation and presentation of client proposals and reconciling account assets. The ideal candidate will have extensive investment expertise and will be able to operate in a semi-autonomous and entrepreneurial environment while maintaining a sales and client-centered focus. Senior Portfolio Managers are team players and methodical business builders with experience and expertise as trusted portfolio managers serving the sophisticated needs of high net worth individuals, families, and institutions. The position requires an exceptional understanding of the full range of investment expertise in wealth management, fiduciary and related products, services, and processes.

Requirements

Bachelor's degree required
Minimum of seven (7) years of investment management and fiduciary portfolio management experience required
CFA, CFP, CIMA or other advanced accreditations required.
Advanced understanding of fiduciary wealth management required
Strong, successful track record that meets or exceeds goals set consistently required
Ability to foster teamwork and motivate colleagues required
Client-centered focus with excellent strategic thinking ability and consultative skills
Expert proficiency in Microsoft Office products (Microsoft Word, Excel, and PowerPoint) required
Strong proficiency with research/analytics tools (Bloomberg, FactSet, Morningstar, Investor’s View, FirstRate)
Demonstrated experience in effective relationship management required
Excellent verbal and written communication and interpersonal skills required
Ability to work with challenging clients and diverse groups of people
Ability to travel up to 25% required
Flexibility to accommodate work outside normal business hours

Nice To Haves

MBA or advanced degree in Finance or related fields preferred

Responsibilities

Lead in-depth discussions on asset allocation, risk, investment performance, economic, and financial market trends with clients.
Meet with clients on a quarterly basis, or as needed, to review portfolio performance and present appropriate recommendations.
Prepare and present in-depth materials to prospective clients.
Evaluate financial products and services on the Wealth Management platform and recommend changes when necessary.
Analyze investment performance of designated accounts and third-party portfolio managers utilized within the Wealth Management department.
Design and implement investment strategy within the Wealth Management division
Buy, sell, and trade securities for accounts in accordance with policies established by the Investment Committee.
Complete assigned account annual reviews (“Reg-9” reviews) and related paperwork and records maintenance.
Guide and mentor less experienced portfolio managers.
Maintain a high service level by working closely with Private Wealth Advisors, Trust Officers, and department managers.