Portfolio Specialist

The Portfolio Specialist manages client portfolios and fosters meaningful relationships by delivering comprehensive investment planning and overseeing the day-to-day administration of client accounts. This role involves developing tailored investment strategies and managing client portfolios in alignment with established goals and objectives, while adhering to all internal and regulatory investment and fiduciary guidelines. Key responsibilities include creating investment proposals and conducting transition analysis. The Portfolio Specialist exercises independent judgment in managing, monitoring, and mitigating fiduciary and investment risks, contributing to the retention and growth of client relationships. This position requires a high degree of discretion and decision-making authority in carrying out responsibilities that impact client outcomes and organizational objectives.

Principal Duties & Responsibilities:

• Independently manages client portfolios and administers accounts in accordance with established investment and fiduciary guidelines, governing documents, and all relevant federal and state laws and regulations.
• Conducts comprehensive analyses of clients’ financial situations to independently develop a deep understanding of their unique investment goals and objectives, leading to the construction and implementation of tailored investment portfolios.
• Engages prospective clients to create customized investment proposals and thoughtful transition analyses when needed, ensuring alignment with their objectives.
• Determines client risk profiles and educates clients about investment risks and risk/reward trade-offs, providing insights that facilitate informed decision-making.
• Maintains ongoing communication with clients, independently monitoring and rebalancing portfolios to adapt to changing circumstances and ensure that goals and objectives are consistently met.
• Continuously conducts investment research, staying informed about developments in security markets and current economic conditions to support effective portfolio management.
• Cultivates new client relationships both internally and externally, independently identifying opportunities for growth and business referrals.
• Works collaboratively with the team to deliver a diverse set of financial solutions, ensuring that client relationships are deepened and retained.
• Independently implements portfolio changes and rebalancing strategies, utilizing existing tools and procedures to optimize client outcomes.
• Handles client-directed trades as necessary, ensuring responsiveness to client needs and preferences.
• Creates and prepares relationship review materials, including portfolio reports, attribution analysis, and strategy updates, to facilitate meaningful client discussions.
• Engages with the performance reporting platform to ensure the accuracy and integrity of client performance reports, independently verifying data as needed.
• Interacts directly with custodians and technology partners as part of day-to-day responsibilities to ensure seamless operations.
• Prepares the agenda and supporting materials for the monthly Trust Investment Committee meeting, ensuring comprehensive presentation of relevant information.
• Manages a select group of client relationships with a strong emphasis on prudent fiduciary risk management, focusing on relationship growth and exceeding client expectations through high-value interactions.
• Actively participates in business development activities, prospecting new clients and securing additional assets from existing clients to maximize relationships.
• Identifies and contributes to the design of new wealth management solutions that align with client preferences and CNB’s risk and compliance policies.

• 8-10 years of experience in portfolio management within investment management, specifically focusing on asset allocation, proposal development, trading, and rebalancing.

• Working knowledge of portfolio theory and a foundational understanding of fiduciary law.

• Proficiency in Microsoft Office Suite, including Outlook, Word, and Excel.

• Strong analytical skills combined with effective relationship management abilities, demonstrating a capacity for independent judgment and decision-making.

• Excellent written and verbal communication skills, complemented by strong interpersonal skills.

• Willingness to obtain Series 7 and Series 66 licenses within 180 days of employment.

• Demonstrated ability to work collaboratively as a team player while exercising discretion in handling complex client situations.

• Proven track record of managing significant client relationships and influencing investment strategies that align with client goals.

Licenses & Certifications:

• FINRA License(s) preferred: Willing to obtain S7 and S66 licenses within 180 days

• Bachelor's Degree in Business administration or finance.

• Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
• Please view Equal Employment Opportunity Posters provided by OFCCPhere.
• The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
• Reasonable accommodation may be made to assist individuals with disabilities to complete the online application process. Please contact our Human Resources Department at 305-577-7680 or by e-mail at employment@citynational.com.