Portfolio Manager Associate

2 days ago


Houston, Texas, United States City National Bank Full time
Job Title: Portfolio Manager Associate

City National Bank is seeking a highly skilled Portfolio Manager Associate to join our team. As a key member of our investment management team, you will be responsible for implementing proprietary strategies and asset allocation for City National Rochdale Financial Advisors and clients.

Key Responsibilities:
  • Partner with portfolio managers to recommend initial strategic asset class allocation for new clients, and recommendations for trades and allocation changes for existing clients.
  • Client calls and inquiries: be able to discuss both economic and client portfolio topics, including introductory and ongoing review calls, building client relationships, and discussing economic outlook and portfolio goals.
  • Manage the Book: analyze and track new clients and specific actions to take across the Book and for specific clients.
  • Trade execution: buy and sell securities to implement asset allocations for client portfolios, based on clients' investment mandates, cash needs, firm strategy changes, and general rebalancing.
  • Monitor client portfolios for deviations from specified strategy or to provide investment recommendations.
  • Create and/or review client portfolio review presentations and portfolio risk/return analysis presentations.
  • Manage the workflow and development of teammates, including training, growth of responsibilities, and serving clients.
Requirements:
  • Minimum 4 years of experience in Investment Management.
  • FINRA Series 7 and 66 securities or ability to obtain.
  • Master's Degree MBA and/or CFA preferred.
  • Strong analytical skills, ability to translate and implement theoretical into practical, flawless execution and quality, and attention to detail.
  • Ability to work independently and use sound judgment.
  • Extensive knowledge of markets and industry as well as portfolio management expertise.
Benefits and Perks:

City National Bank offers a competitive salary range of $92,114 - $156,880 per year, with the potential for bonus and/or commissions. We also offer a comprehensive benefits package, including health insurance, retirement plans, and paid time off.

City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable, and inclusive working environment where differences are valued and encouraged.



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