Position Title:
Wealth Management Portfolio Manager
FLSA Status:
Exempt
Reports to:
WM-Trust Director of Portfolio Management
Job Summary: Has an integral role in executing and maintaining investment strategies across client accounts, monitoring accounts for adherence to investment policies, and collaborating on client relationships alongside Wealth Management & Trust Officers.
Essential Functions:
- Assists in resolving client investment and financial planning related issues, problems and questions as an investment specialist member of our team.
- Assists Senior Portfolio Managers with investment research, performance reporting, and compliance reviews.
- Analyzes portfolios of prospective and current clients. Prepares proposals for prospective clients and/or client meetings.
- Oversees implementation of initial investment of new client assets and re-balancing of client assets in accordance with department and client investment policy.
- Meets periodically with outside constituencies on investment and financial planning related matters as necessary, such as prospects, clients and investment partners.
- Executes trades (fixed income, equity and mutual funds) and completes compliance reviews, as needed.
- Manages a book of business to include all account types, including but not limited to, investment management accounts and IRAs.
- Manages client relationships as a relationship officer in conjunction with the Wealth Management & Trust Officers, providing exceptional service to clients and outside professional advisor partners.
- Focuses on working effectively with prospective clients and those referring clients to us.
- Maintains confidentiality of all sensitive Bank information.
- Maintains a positive and caring atmosphere for customers and employees consistent with Southside Bank's mission, CORE Values, and Blue Book culture guide.
- Provides enthusiastic, professional, and courteous service to Southside Bank customers and employees.
- Participates in proactive team efforts to achieve departmental and company goals.
- Understands and agrees to abide by the policies and procedures established at Southside Bank.
- Responsible for complying with audit policies and procedures as they pertain to this position.
- Performs duties in compliance with applicable laws and regulations, including but not limited to the Bank Secrecy Act (BSA) and related anti-money laundering laws, and in accordance with the Bank's Information Security Program.
- Must comply with all applicable laws and regulations.
Additional Functions:- Provides leadership to others through example and sharing of knowledge/skill.
- Complies with all safety policies, practices, and procedures. Report all unsafe activities to supervisor and/or Human Resources.
- Performs additional duties, as assigned or directed.
Required Education/Experience:
- Bachelor's degree in finance, accounting and/or a business-related field.
- Professional designation(s) relevant to job duties is preferred.
- Strong interpersonal, written and verbal skills.
- Exceptional analytical and critical thinking skills.
- Demonstrated project management skills and superior Microsoft Office skills.
- Prior investment portfolio experience preferred.
Necessary Skills:
- Ability to read, analyze, and interpret common financial reports, and legal documents.
- Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
- Ability to write speeches and articles for publication that conform to prescribed style and format.
- Ability to present investment information effectively to clients and prospects, top management, public groups, and/or boards of directors.
- Ability to define problems; collect data, establish facts, and draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
- Proficient personal computer skills including electronic mail, record-keeping, routine database activity, word processing, spreadsheet, graphics, etc.
Physical Activity/Dexterity:- Manual dexterity sufficient to reach/handle items and work with fingers. Works with fingers and perceives attributes of objects and materials.
Physical Environment Demands:- Must be able to remain in a stationary position 90% of the time.
- The person in this position needs to occasionally move about inside the office to visit other internal and external offices, conference rooms, office machinery, etc.
- Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and telephone.
- Constantly positions self to operate on a computer.
- The person in this position frequently communicates with other people throughout each day. Must be able to exchange accurate information when conversing.
Working Conditions/Environment:- Well-lighted, heated and/or air-conditioned indoor office setting with adequate ventilation.
- Moderate noise (e.g. business office with computers and printers, light traffic).
Work Schedule/Hours:- Monday through Friday; 8:00am - 5:00pm.
- Available for overtime, as needed.
Travel:- Minimal overnight travel (up to 10%) by land and/or air.
