What are the responsibilities and job description for the Investment Management Officer - Wealth Management position at fnbalaska?
GENERAL PURPOSE SUMMARY
Initiates, develops, directs and maintains investment management business relationships and oversees the administration, management and servicing of investment management accounts by performing the following essential duties and responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
SUPERVISORY RESPONSIBILITIES
May supervise employees. In the supervisory role, carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Trains employees: plans, assigns, and directs work; addresses complaints; resolves problems, and may be requested to make hiring, evaluating, and terminating recommendations.
Initiates, develops, directs and maintains investment management business relationships and oversees the administration, management and servicing of investment management accounts by performing the following essential duties and responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Regularly executes all the activities set forth in the bank’s Business Development Program, including scheduling proactive meetings with customers, prospective customers and Centers of Influence (COIs), tracking and reporting calls and pipeline details, participating in bank-sponsored events designed to strengthen customer relationships and networks, and engaging in relevant community organizations and events.
- Acquires, expands and retains customer relationships by identifying banking opportunities, strategizing proactive business development activities, cultivating referral networks, and focusing on viable target markets.
- Represents the Wealth Management Section in the community and maintains business relationships with customers, attorneys, and beneficiaries relating to the management of investment accounts; analyzes the needs of existing and potential customers considering account profitability and other related factors to market the appropriate bank products/services; manages account investments and composition for optimal performance.
- Administers, manages, and services investment management accounts, and ensures compliance with enabling documents, department policies and procedures, applicable regulations, statutes and legal precedents.
- Directs and coordinates the compilation of information required for investment management, making recommendations to the Wealth Management Trust Committee. Ensures all outstanding items are completed and files are up to date for audit purposes.
- Performs the function of Portfolio Manager with investment tools approved by the Wealth Management Trust Committee, calculating the maturity, duration, and performance of portfolios, comparing to established benchmarks, and presenting reports of portfolio performance upon request.
- Ensures investment portfolios are managed according to Investment Policy Statements or to bank discretionary allocations.
- Conducts investment reviews and client meetings based on Wealth Management Trust Committee annual review schedule.
- Prepares investment and business development presentations, and writes proposals for presentation to management, bank customers, potential clients, or governmental entities.
- Performs other work-related duties as assigned by supervisor.
SUPERVISORY RESPONSIBILITIES
May supervise employees. In the supervisory role, carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Trains employees: plans, assigns, and directs work; addresses complaints; resolves problems, and may be requested to make hiring, evaluating, and terminating recommendations.
