Portfolio Manager

Description

Job Title: Portfolio Manager 

Reports To:  EVP, Managing Director

Work Location: 10700 Research Drive, Milwaukee WI; This position offers flexibility in work locations.  The candidate can work from any of our Midwest Trust Company office locations, or remote as an additional option.  

Purpose

The Portfolio Manager (PM), Trust Investments is responsible for the delivery of investment management services to Midwest Institutional Trust (MITS) clients. The PM is a member of a team that provides comprehensive fiduciary investment advisory services to multiple types of clients including, but not limited to: defined benefit pension plans, Taft-Hartley plans, healthcare organizations, corporate operating funds, endowments, foundations, and specialized trusts.

Essential Duties/Responsibilities to be performed with or without accommodation

· Build and maintain strong relationships with clients by understanding their specific needs and providing advice on regulatory issues and investment design. 

· Retain and grow existing client relationships.

· Conduct periodic client investment review meetings including market and economic updates, asset allocation reviews, performance updates, attribution analysis, and confirmation that investments are operating within client investment policy guidelines. 

· Drive proactive meetings with clients, focusing on pre meeting preparation, planning and execution, as well as establishing next steps with clients.

· Generate new business revenue objectives and participate in RFPs as needed.

· Re-balancing client portfolios to maintain alignment with investment strategies, placing mutual fund trades as needed, coordinating cash flows with third-party managers and other members of the service team. Documenting re-balancing activities in each client folder in support of business line compliance standards and policies. 

Other Duties/Responsibilities

· Working with designated internal partners relating to trade orders for individual stocks, bonds, and exchange traded funds. 

· Providing oversight for client life cycle events, including onboarding and working closely with the transitions team. 

· Promoting strong risk management and governance across the organization through committee membership/involvement and following established policies and procedures.

· Completing personal compliance requirements and training on a timely basis.

· Managing expense account in compliance with company policies and budgetary restrictions.

· Completing annual investment reviews, peer reviews, and other compliance systems reporting on a timely basis.

· Other duties as assigned.

Requirements

  Experience, Education, Certifications, Licenses required to perform essential functions

· 5-10 years of industry experience, primarily working in investments, client relationships or consulting

· Excellent communication and presentation skills, with the ability to collaborate and influence positively. 

· CIMA or CFA designation preferred, or a desire to obtain one.

· MBA preferred.

Knowledge, Skills, Abilities required to perform essential functions

· Comprehensive understanding of equity and fixed income markets and the tools institutional clients need to meet their investment objectives

· Ability to understand and represent complex investment products and solutions, must be able to lead investment discussions and strategy both internally and externally. 

· Travel may be required, depending on client base.

Work Environment and Physical Demands required to perform essential functions

· Moderate noise (business office with computers, phone, printers, light traffic)

· Ability to sit at a computer for an extended period of time

· Regularly required to sit, stand, talk, hear, and use hands and fingers to operate a computer keyboard and telephone

· Specific vision abilities include close vision requirements due to computer work

Preferred Qualifications 

· Comprehensive understanding of markets and the tools institutional clients need to meet their investment objectives

· Client minded, focused on execution client investment objectives, able to manage client expectations and to leverage organization resources to meet client objectives. 

· Self-starter with personal responsibility and accountability. 

· Results-oriented with an ability to execute and complete complex deliverables in a timely manner.

· Proven team player and inclusive leader. 

· Risk focused, ability to balance company goals and client goals while mitigating risk appropriately.