Job Listing
|
|
| Job ID: 14006742 |
|
| |
| Job Location: |
|
| |
|
|
| |
| How to Apply: | To see employer contact information, log in or register. |
| |
| Job Title: | Instut & OCIO Port Mgr, Sr |
| Work Type: | Work Days: Work Vary: Yes , Shift: Other, Hours Per Week: 40, Work Type: Regular |
| |
| Salary Offered: | Unspecified |
| Benefits: | Unspecified. |
| |
| Physical Required: | Unspecified |
| Drug Testing Required: | Unspecified |
| Education Required: | Bachelor's Degree |
| |
| Experience Required: | Unspecified |
| |
| Required Skills: | Please see the job description for information about required job skills. |
| Preferred Skills: |
|
| |
| |
| |
|
| Job Description: |
Instut & OCIO Port Mgr, Sr
Job Locations
US-MN-St Louis Park
Category/Function Trust/Wealth Management Position Type Regular Full-Time Requisition ID 2023-13895 Workplace Type On Site
Overview
Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.
We are currently seeking a Senior OCIO Portfolio Manager. This position will collaborates with other disciplines within Wealth Management to develop and retain institutional relationships through the delivery of an exceptional and cohesive client experience. The Senior OCIO Portfolio Manager manages investment activities for fee revenue producing accounts including Foundations, Endowments, Businesses and Charitable Organizations. They provide investment expertise and oversight on large complex accounts that often incorporate a customized Investment Policy Statement (IPS), separately managed internal and external strategies, portfolio construction studies, and spending policies. The Senior OCIO Portfolio Manager works directly with individuals, business owners, boards, finance committees, and consultants.
Key Accountabilities
Management of investment portfolios:
Develops and recommends a client centric investment portfolio leveraging all of Wealth Management's investment solutions to achieve client's investment objectives as memorialized in their IPS. Reviews and analyzes investment portfolios to develop the appropriate asset allocation and select underlying investment strategies with an understanding of the client's risk/return objectives.
Provide ongoing oversight, recommending and implementing changes to the holdings and asset allocation to maintain compliance with strategies and policies.
Ensure assigned portfolios are managed consistently, including maintaining the proper asset allocation, portfolio rebalancing, implementing investment changes, and raising cash.
Analyzes and plans the overall investment strategy with continuous revision as goals and objectives change and in the context of client needs working closely and proactively with the broader client service team to identify and execute on areas of opportunity.
Transition non-compliant portfolios to approved
Manage account liquidity to provide for ongoing cash demands and distributions and risk
Performs annual Reg 9 Investment reviews for assigned accounts and ensures full compliance with regulations. Provides guidance to Associate Portfolio Managers and Portfolio Manager through Reg 9 reviews.
Relationship management and development:
Partners with Wealth Management client team in client presentations, review of portfolio structure and investment performance reporting.
Serves as the relationship expert in the areas of 1834 a Division of Old National investment capabilities, portfolio performance, the economy, and market environment.
Prepares and presents detailed investment information to
Participates in business development efforts with Wealth Advisors, Trust Officers and other relationship managers.
Collaborates with other disciplines and partners to deliver an exceptional and cohesive client
Maintains an integral and influential presence within the local client facing team, clients, consultants, the bank's legal area and outside attorneys to ensure communication of client requirements and coordinate portfolio activity.
Meet with clients and consultants to review investment performance and forecast market changes based on economic and industry analysis, including objectives and asset allocation models, and ensuring current allocations are appropriate.
Respond to client requests for information, advice, and service, including proactive client outreach and creating and building investment content for prospect and client presentations, client investment reviews, prospecting events, thought leadership articles and investment updates, and documenting account activities and client interaction.
May provide leadership through interaction and mentoring of other investment associates.
Participate in weekly Portfolio Manager
Work individually or with a team on assigned
Develops and maintains current industry knowledge and expertise
Engages in thought leadership publications, educational opportunities, and practice hosted symposiums and events.
Accountable for personal execution of initiatives, new capability rollouts, and required
Consistently demonstrates expertise with new investment strategies, tools and capabilities, and portfolio research and investment methodologies.
Provides feedback on areas for improvement to leadership on national initiatives, changes, and
Stays current with current general economic data, equity and credit markets, specific company coverage, active and passive mutual funds/exchange traded funds and tactical asset allocations investment decisions.
Qualifications
Minimum 8 years of investment experience, which may include research, in which consistent long term investment performance has met objectives.
May lead functional teams or projects with moderate resource requirements, risk, and/or
Knowledge of investment and portfolio management theory, accounting and financial principles, associated investment strategies and instruments, and characteristics of various marketplaces, usually acquired through formal education and work experience, is required to manage
Decision making, sales, and negotiating skills are required to contribute to the market's revenue generation and guide sensitive or difficult situations through to agreement.
Requires specialized depth and/or breadth of expertise in own job discipline or
Interprets internal/external business challenges and recommends best practices to improve products, processes, or services.
Communicates difficult concepts and negotiates with others to adopt a different point of
Skills and Education Requirements
Bachelor's degree - Business, finance, economics or relevant
CFA or other advanced designation such as CPA or CFP
Graduate degree such as MBA or JD
Technical experience in investment software (IE: FIS, Charles River, Morningstar, Factset, First Rate, Salesforce and Microsoft Office.)
10+ years of investment decision making and financial consulting experience working with high-net-worth clients.
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, to fill a specific position
Our culture is firmly rooted in our core values.
We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.
We are Old National Bank. Join our team!
Need help finding the right job?
We can recommend jobs specifically for... For full info follow application link.
EOE/Minorities/Females/Vet/Disability
Refer to ID 77707881_1 when applying |
|