Address
Form of work
The Portfolio Manager partners with other Wealth employees to develop and retain high net worth clients. Serves as the Portfolio Manager to create client specific investment policy objectives and asset allocation goals. Facilitates the investment and maintenance of investment management strategies within client portfolios.
Key Accountabilities
Management of investment portfolios:
- Provide ongoing oversight of assigned investment management accounts. Recommend and implement changes to the holdings and asset allocation to maintain compliance with strategies and policies.
- Ensure assigned portfolios are managed consistently, including maintaining the proper asset allocation, portfolio rebalancing, implementing investment changes, and raising cash.
- Transition non-compliant portfolios to approved strategies.
- Manage account liquidity to provide for ongoing cash demands and distributions.
- Complete all special requests on assigned accounts to maintain cash needs based on client requests.
- Perform annual Reg. 9 Investment Reviews for assigned accounts and ensure full compliance with regulations.
Relationship management and development:
- Partners with Wealth associates in client presentations, review of portfolio structure and investment performance reporting.
- Serves as the relationship expert for investment capabilities, economics, and market environment.
- Prepares and presents detailed investment information to clients.
- Assists Trust and Asset Management associates with business development efforts.
Team participation:
- May provide leadership through interaction and mentoring of other investment associates.
- Participate in weekly Portfolio Manager meetings.
- Work individually or with a team on assigned projects.
Key Competencies for Position
- Technical Knowledge – Demonstrated experience with investment platforms (IE: FIS, Charles River, Morningstar, First Rate, and Microsoft Office.)
- Critical Thinking and Decision Making - Maintain an in-depth knowledge of current economic and financial market conditions.
- Influencing Others - Maintain in-depth knowledge of the company’s investment strategies and the ability to present and explain the use of appropriate strategy to clients and team members.
- Communicating with Impact - Special projects and presentations as assigned.
Qualifications and Education Requirements
- Bachelor’s degree – Business, finance, economics. or relevant degree.
- CFA or other advanced certification desired for more senior levels.
- Years of experience commensurate with position level. (Level I, 0-3; Level II, 3-7; Level III, 5-10+)
- Ability to multitask, work with little supervision, and effective time management.
- Strong presentation and organizational skills.
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!
