What are the responsibilities and job description for the Portfolio Manager position at Hometown National Bank?
Job Description: Bank Trust Department Portfolio Manager
Position Title: Portfolio Manager
Department: Investment Management & Trust Department
Location: Joliet/LaSalle
Reports To: Department Head
Position Summary:
We are seeking a highly skilled and experienced Portfolio Manager to join our team. The successful candidate will be responsible for managing a diverse portfolio of estate, guardianship, trust and agency accounts, ensuring the highest level of service and fiduciary responsibility. This role requires a deep understanding of investment strategies and asset types, financial markets, and trust regulations.
Key Responsibilities:
- Portfolio Management: Oversee and manage a portfolio of accounts, ensuring alignment with clients' financial goals and objectives.
- Investment Strategy: Develop and implement investment strategies for the Department as a whole and also tailored to the needs of each account, considering risk tolerance, time horizon, and financial goals.
- Client Relations: Maintain strong relationships with clients, providing regular updates and addressing any concerns or inquiries.
- Compliance: Ensure all accounts comply with relevant laws, regulations, and company policies.
- Performance Monitoring: Regularly review and analyze portfolio performance, making adjustments as necessary to optimize returns.
- Reporting: Prepare and present detailed reports on portfolio performance to clients and senior management.
- Collaboration: Work closely with other departments, including legal, tax, and estate planning, to provide comprehensive financial solutions.
Qualifications:
- Education: Bachelor's degree in Finance, Economics, Business Administration, or a related field. A Master's degree or professional certification (e.g., CFA, CFP) is desirable.
- Experience: Minimum of 5 years of experience in portfolio management, preferably within a trust department or similar financial institution, and utilizing multiple asset types including mutual funds, ETFs and individual stocks and bonds.
- Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
- In-depth knowledge of financial markets, investment strategies, and trust regulations.
- Proficiency in portfolio management software and financial analysis tools.
- Personal Attributes:
- High level of integrity and ethical standards.
- Detail-oriented with strong organizational skills.
- Ability to work independently and as part of a team.
Benefits:
- Competitive salary and company-based bonuses.
- Comprehensive health, dental, and vision insurance.
- Retirement plan with company match.
- Professional development opportunities.
- Generous paid time off and holidays.
Application Process:
Interested candidates are invited to submit their resume and cover letter to aroark@myhtnb.bank . Please include "Trust Department Portfolio Manager Application" in the subject line.
We are an equal opportunity employer and welcome applications from all qualified individuals. We thank all applicants for their interest; however, only those selected for an interview will be contacted.
Job Type: Full-time
Pay: $90,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- 401(k) 2% match
- 401(k) matching
- Dental insurance
- Gym membership
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- Day shift
- Monday to Friday
Work Location: In person
Salary : $90,000 - $120,000
