Job Title: Portfolio Manager
Status: Officer
Reports To: Senior Investment Manager
Summary
To monitor, analyze, and assist in the management of the investment portfolio of Trust clients of First Financial Bank. To provide proactive management services to meet the needs of high-net-worth individuals. To establish and implement objectives on a client-by-client basis. To manage customized portfolios. To provide proactive value-added client service by identifying investment related wealth-building ideas to clients. To prepare and make investment presentations to individual clients as well as groups.
This position involves providing quantitative and analytical support for First Financial Bank and First Financial Corporation’s investment management, client reporting, product development, and marketing efforts. Responsibilities include compiling, calculating, and analyzing financial information for the analysis and implementation of our investment strategy, performance measurement and attribution, portfolio analysis, and market studies, and assist in the delivery of above-mentioned results through client presentations to a wide range of audiences. This position is responsible for maintaining current client relationships.
Typical Job Entry Requirements
(To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.)
Minimum of 3 years of investment management experience required. College degree required. Interest in attaining an MBA, CFP or CFA credential preferred. Strong math skills, and knowledge of investments with an emphasis on modern portfolio theory and investment performance attribution. Excellent computer, oral and written communication skills required. Power Point, Word, Excel experience a plus.
Primary Activities
(Essential duties and responsibilities include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)
- Service Bank Trust clients for their investment needs.
- Counsel with client and or partner with client’s Personal Trust Officer to meet their particular needs.
- Assist in the development of an investment portfolio.
- Make appropriate purchases and sales for the individual portfolio.
- Suggest other investment alternatives.
- Analyze and monitor the investment portfolio to maximize return while minimizing risk.
- Utilize Bloomberg Investment System to perform analysis of investment portfolio. Keep abreast of new developments and functions in Bloomberg system through use of training material and seminars.
- Utilize Morningstar and FI360 to analyze mutual funds and make recommendations.
- Help convey economic outlook and interest rate forecasts to the Investment Committee.
- Utilize total rate of return calculation systems.
- Conduct presentations to existing clients.
- Maintain active and up-to-date client files for assigned clients and prospective clients.
- Assist clients in meeting personal and professional goals by identifying and recommending appropriate bank product(s).
- Ability to help develop new business a plus.
- Network with other Bank staff to further enhance client relationships and refer clients to appropriate product experts.
- Network with community leaders through extensive community involvement by attending community meetings and volunteering as an active member of community groups.
- Keep abreast of changes in investment regulations affecting fiduciary accounts in order to provide the best service to current and potential new clients.
Performance Measurements
- Resolution of client complaints, and problem issues.
- Investment performance of portfolio.
- Accuracy of administration.
Competency/Skill Level
(The behaviors, knowledge, and motivations important to success in the job.)
- Written and Oral Communication Skills
- Initiative
- Client Service Orientation
- Problem Assessment and Solving Skills
- Attention to Detail
- Planning and Organizing Skills
- Adaptability
- Energy
- Teamwork
Key Behaviors
- Knowledge of Competitors
- Knowledge of Products
- Sales Planning Skills
- Conducts Effective Sales Interviews
- Identifies Opportunities for Customer Referrals
- Develop and Maintain Customer Relationships
- Effective Sales Administrator
- Personal Development Established with Manager
Bank Secrecy Act
- Maintain sufficient knowledge and understanding of the Bank Secrecy Act, Anti-Money Laundering/Anti-Terrorist Financing/PATRIOT Act and OFAC regulations.
- To be able to fulfill applicable requirements and responsibilities under the bank’s related policies and programs.
Critical Job Elements
(Essential duties and responsibilities include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)
- Generally good working environment with little exposure to noise, extreme temperatures, or other adverse factors.
- Limited physical effort required.
- Above average amount of pressure to work efficiently and accurately.
- Considerable effort and eye strain from continued checking on the accuracy of all work leaving department.
- Above average mental effort consisting of beyond normal levels of concentration, memory, complexity of decision making, time pressure, analytical thinking.
