What are the responsibilities and job description for the Senior Portfolio Manager position at Northwestern Mutual Careers?
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Primary Duties & Responsibilities :
- Provide a discretionary investment capability for the most sophisticated advisors and clients of the Wealth Management Company (WMC).
- Responsible for portfolio analysis, initial investment recommendation and ongoing management of Private Client Services accounts.
- Builds relationships with internal stakeholders such as Concierge Planning and Regional Sales Directors to increase awareness of PCS and the value it brings to advisors and end clients.
- Works exclusively with a handful of top advisors and their very best clients to construct portfolios in accordance with investment objectives of high-net worth clients with sophisticated situations. These clients tend to be business owners, C-suite executives, professional athletes, and other very affluent individuals in both the accumulation and distribution phases of their financial lives.
- Provide the most senior level of market and economic thought leadership to our field and their clients. This is done advisor by advisor or client by client, as part of broader client events held by an advisor, presenting in a number of venues such as network office days or home office-sponsored conferences.
- Responsible for delivery and execution of all complexities related to managing an existing book of business (typically $$1 billion or more Assets under Management), including but not limited to, assessing and delivering market and economic information as well as performance and portfolio construction information during the proposal stage and ongoing reviews with the top advisors and their end clients.
- Work with Wealth and Investment Management leadership on cross-departmental initiatives designed to enhance the overall investment offerings
- Leads a regional portfolio management team focused growing AUM, clients, and number of advisors using the program. Responsible for goal setting and career development for anywhere between two and five team members.
- Monitor and manage portfolio allocations relative to investment policy, including trading and implementing the desired security selection strategy.
- Create, communicate and execute transition plans for complex tax and investment situations.
- Educate advisors and their teams on how to best position the Private Client offering within their practices. The role may require a certain level of travel to effectively deliver on the above accountabilities.
Qualifications :
This position has been classified as an Associated Person under NMIS guidelines and requires fingerprinting and completion of required form.
Required Certifications :
Non-Registered Fingerprinted - FINRA
Compensation Range : Pay Range - Start :
121,030.00
Pay Range - End : 224,770.00
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additional information relating to location-based pay structures.
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We are an equal opportunity / affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
FIND YOUR FUTURE
We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.
PandoLogic. Category : Finance, Keywords : Investment Manager, Location : Milwaukee, WI-53205
Salary : $224,770
