The Portfolio Manager is responsible for managing individual securities (stocks, bonds, SBICs, etc...) Once the strategies are established and documented in an Investment Policy Statement, they are responsible for monitoring the portfolios and rebalancing to ensure alignment of asset allocation with the investment objectives and risk tolerances.
Essential Duties and Responsibilities
- Support the SVP Finance and Planning, CFO, Portfolio Committee and ALCO. Effectively communicating investment philosophy and regularly participate in management meetings
- Respond to management requests
- Recommend investment solutions to management
- Handle trade order entry for portfolio transactions & administration of custody account trades & performance
- Ensure timely investment of funds into new accounts
- Analyze and make appropriate recommendations to the SVP of Finance and Planning
- Independently conduct portfolio review meetings
- Rebalance existing portfolios according to management guidelines
- Attend various, business critical internal and team meetings
- Ensures all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.
- Performs other duties and responsibilities as assigned.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Ability to read, write, and comprehend simple instructions, procedures, business correspondence, reports, and memorandums.
- Ability to read, analyze and interpret documents such as financialreports, legal documents, procedures manuals, general business correspondence and/or journals or government regulations.
- Ability to effectively present information in one-on-one and small group situations, to customers, clients, management, board of directors, other employees in the organization, and the general public.
- Understanding of Bond Accounting
Education and/or Experience
- BS/BA Degree in Finance, Accounting, Economics or a related field,
- 10 plus years of bond portfolio experience.
- Knowledge of fiduciary and financial products and services
- MS Office programs
Certificates, Licenses, Registrations
- One or more of the following certifications preferred: CPA , CFA