Wealth Portfolio Manager

PrimeLending•Fort Worth, TX

About The Position

PlainsCapital Bank is hiring a Wealth Portfolio Manager to manage and implement investments for an assigned group of clients, primarily affluent individuals and families, corporations, or charitable organizations. The role uses approved investment strategies, asset allocations, and model portfolios established by the Investment Policy Committee and Chief Investment Officer. It includes monitoring and rebalancing investments, implementing tactical decisions, managing tax strategy, and attributing performance where applicable. The Portfolio Manager is integral to client relationships. An assigned Administrator often serves as the Relationship Manager, while the Portfolio Manager's client communications are determined by each relationship's needs. The position reports directly to the Chief Investment Officer and follows the Investment Policy Committee's guidelines. It also contributes to client acquisition, business development, retention, investment research, portfolio analysis, client reviews, and other projects as assigned.

Requirements

Bachelor's degree in Finance, Accounting, Economics, or a related field.
At least 5 years of relevant financial services experience, preferably with a bank, or 3 years of experience directly managing investments.
Understanding of Modern Portfolio Theory, Adaptive Market Theory, fiduciary responsibilities, and investment policy implementation.
Excellent analytical, time-management, organizational, and problem-solving skills, including the ability to multitask in a deadline-driven environment.
Excellent verbal, written, and interpersonal communication skills.
Excellent PC skills, including Microsoft Office word processing and spreadsheet products, as well as custom applications and systems.
Self-motivated professional able to exercise sound judgment with appropriate supervision and guidance.
Willingness to travel on a limited basis for new opportunities and/or client meetings.

Nice To Haves

Master's degree.
Accreditation from the CFA Institute or Chartered Market Technician (CMT), or willingness to work toward achieving one.
Interest in emerging investment technologies, artificial intelligence applications, automation tools, and data-driven analytical techniques.

Responsibilities

Perform trading, rebalancing, and other portfolio management services in accordance with Investment Policy Committee guidelines.
Support client acquisition, business development, and retention through participation in prospect meetings and relationship reviews as requested.
Participate in investment meetings and contribute research, analysis, observations, and recommendations on approved investments, portfolio construction, market developments, and investment strategies.
Review and interpret portfolio and benchmark performance results and identify key performance drivers.
Analyze portfolio attribution and performance dispersion to improve portfolio implementation and client outcomes.
Use approved performance and risk reports in ongoing portfolio management and client communications.
Monitor the monetary, fiscal, and economic environment and assess implications for financial markets.
Present portfolio reviews, investment recommendations, and market commentary to clients and internal stakeholders as assigned.
Conduct research projects as needed.
Complete annual account reviews.
Complete ad hoc projects as determined by management.