portfolio manager in wilmington

posted
contact
chris chaput, tatum executive services
job type
permanent
salary
US$ 90,000 - US$ 140,000 per year
apply now

job details

posted
location
wilmington, delaware
job category
Financial Services
job type
permanent
working hours
8 to 6
salary
US$ 90,000 - US$ 140,000 per year
experience
5 Years
reference number
498840
contact
chris chaput, tatum executive services
phone
4845885583

job description

job summary:

Our client, a dynamic, collaborative family of individuals, is looking for an ambitious Portfolio Manager to join their team. This person would be responsible for supporting their continued growth and to help manage existing client relationships.

A career with our client is the opportunity to do work that matters. It's the chance to use your knowledge to shape what's ahead. To share, to innovate, to learn at a firm that taps into the power of collective thinking.

If you're someone who's looking toward the future, we'd love to hear from you.

 
location: Wilmington, Delaware
job type: Permanent
salary: $90,000 - 140,000 per year
work hours: 8 to 6
education: Bachelor's degree
experience: 5 Years
 
responsibilities:

Client and Team Planning:

  • Analyze prospective client portfolios and identify gaps
  • Create a comprehensive asset allocation/asset location for each client household
  • Serve as the primary investment contact for larger, complex client or prospect relationships with significant investment focus and/or customization
  • Create an Investment Policy Statement (IPS) for each client household and tie to the engagement agreement
  • Create new concept pieces to be used in the financial planning/wealth management process

Investment Strategy:

  • Ensure investment models are sufficiently tracked and performing as expected
  • Lead investment meetings with clients, ensuring meetings are held follow up is completed
  • Participate in firm's Investment Committee, with the goal of leading this committee
  • Review, monitor and propose changes as necessary to asset allocation models
  • Conduct performance monitoring and due diligence on SMAs
  • Create and prepare quarterly updates for models and managers
  • Monitor performance dispersion and risk characteristics for suitability
  • Meet with investment wholesalers as they visit to develop a deeper understanding of how their products fit into an overall allocation
  • Stay abreast of new industry developments and potential enhancements to our investment systems and/or processes, attending industry conferences and conference calls as identified
  • Create quarterly updates and outlook for internal and client distribution
  • Participate in client and/or strategic alliance events

Administration:

  • Monitor daily cash alerts and note disposition plan of cash available for investment
  • Monitor monthly ACHs and DCAs
  • Execute trades to raise cash based on client direction/liquidity needs within a timely fashion
  • Ensure no excess cash positions in any account (unless intentional), and track set-aside amounts
  • Ensure all discretionary, funded accounts are managed to the appropriate model while noting, tracking and reporting on any exceptions
  • Review account allocations and trade as necessary to avoid significant drift from target allocations
  • Assign discretionary accounts managed to a model to the appropriate performance
  • Create and maintain performance composites
  • Update trading systems to reflect changes in overall investment policy/client implementation details (incl. general exceptions, assets that should not be traded, etc.) as appropriate, rebalancing as appropriate
  • Manage and administer the billing of all client accounts, ensuring accuracy in terms of householding and fee schedule assignment while noting, tracking and reporting exceptions

Infrastructure:

  • Recommend and manage the appropriate infrastructure to execute the investment strategy in the most effective and efficient manner
  • Work with team on new initiatives for investment technology
  • Build new custodial or vendor relationships as appropriate to support growth and development of new business lines

Other:

  • Provide investment direction to team members, ensuring all team members are aware of the organization's investment strategy
  • Maintain an all hands-on-deck mentality to support the growth of the organization
 
qualifications:
  • Bachelor's degree in business, finance, investment or a related field preferred
  • CFA certification preferred
  • Proven experience in investment and financial assets management as an analyst or assistant manager in a financial institution environment
  • Strong understanding of investment strategies and risk management
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • High interest in and enthusiastic about economic and financial market trends
  • Exceptional customer service with a client focus

For immediate consideration, please send your resume to chris.chaput@tatum-us.com.

 
skills: Certified Financial Analyst

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

skills

Certified Financial Analyst

qualification

  • Bachelor's degree in business, finance, investment or a related field preferred
  • CFA certification preferred
  • Proven experience in investment and financial assets management as an analyst or assistant manager in a financial institution environment
  • Strong understanding of investment strategies and risk management
  • Excellent verbal and written communication skills
  • Strong analytical and problem-solving skills
  • High interest in and enthusiastic about economic and financial market trends
  • Exceptional customer service with a client focus

For immediate consideration, please send your resume to chris.chaput@tatum-us.com.

responsibilities

Client and Team Planning:

  • Analyze prospective client portfolios and identify gaps
  • Create a comprehensive asset allocation/asset location for each client household
  • Serve as the primary investment contact for larger, complex client or prospect relationships with significant investment focus and/or customization
  • Create an Investment Policy Statement (IPS) for each client household and tie to the engagement agreement
  • Create new concept pieces to be used in the financial planning/wealth management process

Investment Strategy:

  • Ensure investment models are sufficiently tracked and performing as expected
  • Lead investment meetings with clients, ensuring meetings are held follow up is completed
  • Participate in firm’s Investment Committee, with the goal of leading this committee
  • Review, monitor and propose changes as necessary to asset allocation models
  • Conduct performance monitoring and due diligence on SMAs
  • Create and prepare quarterly updates for models and managers
  • Monitor performance dispersion and risk characteristics for suitability
  • Meet with investment wholesalers as they visit to develop a deeper understanding of how their products fit into an overall allocation
  • Stay abreast of new industry developments and potential enhancements to our investment systems and/or processes, attending industry conferences and conference calls as identified
  • Create quarterly updates and outlook for internal and client distribution
  • Participate in client and/or strategic alliance events

Administration:

  • Monitor daily cash alerts and note disposition plan of cash available for investment
  • Monitor monthly ACHs and DCAs
  • Execute trades to raise cash based on client direction/liquidity needs within a timely fashion
  • Ensure no excess cash positions in any account (unless intentional), and track set-aside amounts
  • Ensure all discretionary, funded accounts are managed to the appropriate model while noting, tracking and reporting on any exceptions
  • Review account allocations and trade as necessary to avoid significant drift from target allocations
  • Assign discretionary accounts managed to a model to the appropriate performance
  • Create and maintain performance composites
  • Update trading systems to reflect changes in overall investment policy/client implementation details (incl. general exceptions, assets that should not be traded, etc.) as appropriate, rebalancing as appropriate
  • Manage and administer the billing of all client accounts, ensuring accuracy in terms of householding and fee schedule assignment while noting, tracking and reporting exceptions

Infrastructure:

  • Recommend and manage the appropriate infrastructure to execute the investment strategy in the most effective and efficient manner
  • Work with team on new initiatives for investment technology
  • Build new custodial or vendor relationships as appropriate to support growth and development of new business lines

Other:

  • Provide investment direction to team members, ensuring all team members are aware of the organization’s investment strategy
  • Maintain an all hands-on-deck mentality to support the growth of the organization

educational requirements

Bachelor's degree