Job Description

Manages individual and/or trust account assets and investment relationships consistent with the established investment objectives and strategies of the company and/or the client. Strong focus on managing client account retention to meet Net Portfolio growth objectives of the company. Shared responsibility for soliciting, developing, managing, and retaining client relationships for Private Wealth Management (PWM).

Serve as the discretionary investment manager for assigned PWM client accounts, including taxable, tax-advantaged, trust, and fiduciary portfolios.
Construct and manage diversified portfolios across equities, fixed income, alternatives, and other approved investment strategies in alignment with PWM investment philosophy and platform offerings.
Monitor portfolio performance, risk exposures, asset allocation, and adherence to client investment guidelines; make tactical and strategic adjustments as appropriate.
Utilize approved PWM systems and tools to execute trades, manage holdings, monitor concentrations, and document investment decisions in accordance with policy and procedure.

Client & Advisor Collaboration

Partner closely with Private Wealth Advisors, Trust Officers, and other relationship team members to support client acquisition, retention, and expansion.
Participate in client meetings to explain portfolio strategy, performance, and market conditions in a clear and professional manner.
Provide investment insights and thought leadership to relationship teams and clients, including commentary on markets, asset allocation, and portfolio positioning.

Risk Management & Compliance

Ensure portfolios comply with internal investment policies, regulatory requirements, and fiduciary standards.
Identify and address portfolio exceptions, including concentration limits, restricted securities, conflicts of interest, and required approvals.
Maintain accurate and timely documentation related to investment decisions, portfolio changes, and required reviews.

Leadership & Expertise

Serve as a senior investment resource within the market or region, mentoring less experienced portfolio managers and contributing to best-practice sharing across PWM.
Contribute to broader PWM initiatives related to investment process improvement, platform enhancements, or product evaluation as requested.
Maintain advanced investment knowledge and professional credentials consistent with senior portfolio management responsibilities.

Base pay for this role usually falls within $170,000 to $225,000. Additional considerations regarding base pay levels are based on candidate qualifications. Your compensation expectations will be discussed with a U.S. Bank recruiter if you are contacted to discuss the role further.

Basic Qualifications

- Bachelor's degree

- 10 or more years of investment experience

Preferred Skills/Experience

- CFA or MBA preferred

-Thorough understanding of investment management

- Strong knowledge of finance, economics and general business

- Strong sales and relationship management/client services skills

- Ability to effectively present investment strategies to clients

- Ability to make critical decisions independently

- Excellent interpersonal and verbal and written communication skills

Location:

This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

Posting may be closed earlier due to high volume of applicants.