Location City: Grand Rapids
Location State: MI
Base Salary: 100,000 -110,000
Position Responsibilities: Develops, recommends, and directs execution of investment programs designed to achieve the objectives of a group of large and complex client accounts. Acts independently within established investment policy guidelines. Will manage approximately 20 to 25 relationship accounts, averaging 20 to 25 million dollars each. Experience with customizing specialty investments, research equity analysis, institutional funds management and private client experience. Experience in funds management and creative investment strategies, (i.e. REITS, private exchange funds, derivative strategies, interest rate swaps, and arbitrage strategies). Develops clients and new sources of investment business through frequent contact, usually for portfolios/relationships of a substantial size and complexity. Ensures a maximum rate of return from investments consistent with an acceptable level of risk. Directs the activities of Junior Portfolio managers who make daily investment decisions concerning portions of the bank's investment portfolio. Stays informed of market trends and analyzes the effect of these trends on the assigned portion of the investment portfolio. Mentors less experienced Portfolio Managers. Consults with major clients to develop investment objectives. Keeps current on the legal and tax issues with respect to investment decisions by consulting attorneys, accountants and other resources as needed. May also have some of the following supervisory duties: makes and approves decisions, within policy, regarding employment, performance ratings, promotions, salary recommendations, transfers, and terminations.
Education and Certifications/Licenses: Bachelors, CFA designation is required
Mandatory Minimum Qualifications: Bachelor's degree required. CFA designation is required 10 or more years of investment experience required. Proven relationship management experience desired. Strong written, verbal and presentation skills necessary.
Preferred Qualifications: MBA preferred.
Overnight Travel: Limited
Relocation Assistance: Yes
Special Note: Please respect our recruiting members' time by only replying to positions where your experience meets the qualifications specified. Due to the large volume of responses we receive we regret we are unable to respond to every applicant.
To apply for this Job: please send your resume to <[email protected]> and reference the job number.