The Senior Investment Portfolio Manager's (SIPM) primary responsibility is client service and account administration for Citizens. Trust (CT) investment management clients. The SIPM manages client portfolios in accordance with directions from CT Asset Management or open architecture investment management platform. The SIPM is responsible for all activities that occur in the client's account and for all client communication. The SIPM is also responsible for assisting in the business development p... more detailsrocess in developing and presenting the asset allocation and portfolio management approach for the prospective client.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Complies with and stays abreast of all policies and procedures, federal and state laws applicable to the job. Oversees all activities and communications for their assigned accounts. On at least an annual basis meets with clients to review all aspects of the client's accounts including a review of asset allocation, account objectives, performance, and any other client service matters as appropriate. Implements portfolio changes that originate both from internal and external investment managers in an accurate and timely manner in accordance with the client's investment policy statement. Develops and analyzes client's needs and resources. Sets up system diaries for accounts to ensure proper execution of client expectations. Assists in transfer and funding of new accounts. Confers with IMA clients and their advisors regarding investment policy, requests for distributions , tax matters and other matters as requested by clients. Ability to market and sell Wealth Management Services referred from business development officers and other referral sources and assist in their effort to close business. Knows, and ensures compliance with, Wealth Management's policies and procedures. Completes all initial and periodic regulatory account reviews. Establishes and maintains relationships with professional, community and other Centers of Influence to foster the division's long-term goals and enhance the position of CBB and CT. Develops position of "trusted advisor" with clients through timely, accurate and professional client service. Provides financial planning for client beyond asset allocation to include, but not limited to, estate planning, retirement planning, gifting programs, and education savings. Serve as a mentor and resource for other Relationship Managers. Provide, present and promote The Citizens Experience to all external and internal customers .4. Other duties as assigned. SUPERVISORY RESPONSIBILITIES - This job has no supervisory responsibilities. EDUCATION and/or EXPERIENCE - Bachelor's degree (B. A. or B. S.) from four-year college or university; 10 years of relevant experience and/or training; or equivalent combination of education and experience. An advanced degree in business, finance, accounting, economics, or taxation is desirable. LANGUAGE SKILLS - Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. MATHEMATICAL SKILLS - Ability to work with mathematical concepts such as probability and statistical inference. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations and interpret and create bar graphs. REASONING ABILITY - 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. CERTIFICATES, LICENSES, REGISTRATIONS:CFA or similar designation is desired. COMPUTER AND SOFTWARE SKILLS - Understanding of trust software and report generation is required along with a working knowledge of Excel, Bloomberg and other industry related programs. OTHER SKILLS AND ABILITIES - Being well organized, ability to speak in front of senior officers, multi-task with ongoing interruptions.
