Associate II, Portfolio Manager

Firstnational; Kansas City (MO); On-site; USD 85,000 - 125,000; Full time

Job summary

Firstnational in Kansas City is seeking an Associate II, Portfolio Management to support the investment team with trade execution, client relationship management, research, and reporting across equity and fixed income portfolios. The role includes discretionary investment authority and expanding responsibilities throughout the year.

Responsibilities also include trade execution, performance reporting, and active involvement with investment committee processes while balancing client service and

Qualifications

• Experience in portfolio management and discretionary trading.
• Proven ability to manage client relationships and communicate investment updates.
• Strong research, analytical, and presentation skills.

Responsibilities

• Support investment team through trade execution and reporting across equity and fixed income portfolios.
• Manage client relationships and produce monthly/quarterly performance reports.
• Conduct ongoing research and present findings to the investment team; assist Investment Committee materials.

Skills

Portfolio management

Discretionary trading

Client relationship management

Research

Performance reporting

Tools

Axys

Moxy

Genesis

Black Diamond

Job description

Summary of the Job:

The Associate II, Portfolio Management supports the investment team through trade execution, client relationship management, research activities, and comprehensive reporting across equity and fixed income portfolios. This role includes discretionary investment authority for assigned accounts with expectations for expanded responsibilities throughout the year. The position balances investment professional responsibilities of client management, trading, and research with operational support functions. This role includes clear expectations for expanding responsibilities including:

• Increased account management responsibilities
• Enhanced analytical and presentation duties
• Greater involvement in Investment Committee processes
• Expanded client-facing activities
• Potential shift in time allocation toward investment professional activities as operational efficiency improves

About This Role:

Portfolio Management & Investment Discretion

Manage investment accounts with trading authority within established guidelines and risk parameters

Execute investment decisions including trade timing, security selection, and portfolio rebalancing

Exercise discretion on cash management strategies, including raising cash in accounts and determining optimal sources

Expected to assume responsibility for additional accounts throughout the year

Make independent investment decisions within established guidelines and risk parameters

Trade Execution & Operations

Execute equity and fixed income trades with accuracy and timeliness

Troubleshoot and resolve operations and systems issues across multiple platforms (Axys, Moxy, Genesis, Black Diamond, etc.)

Maintain operational efficiency and system integrity

Client Relationship Management

Manage a small portfolio of client relationships

Communicate investment information and updates directly with clients

Generate monthly performance reports, style tilts, look-throughs, and USCCB compliance checks

Produce quarterly performance reports for assigned clients

Support client communication and service needs

Research, Analysis & Presentation

Conduct ongoing research for the Tower Select strategy

Analyze investment opportunities and market trends, presenting findings to the investment team

Expected to expand analytical and presentation responsibilities throughout the year

Prepare information and materials for the formal CCB Investment Committee

Prepare weekly bond purchase reports for Portfolio Managers detailing purchases from the previous 7 days

Generate ad-hoc reports as requested by the investment team

Maintain and update the monthly Guidance List

Performance Reporting & Analytics

Monthly: Run fund performance spreadsheets analyzing ETFs and Mutual Funds on the guidance list and distribute to Portfolio Managers

Monthly: Prepare and distribute fact sheets

Quarterly: Compile strategy trades for the preceding quarter

Quarterly: Update the economic review for Portfolio Manager use in client presentations

Quarterly: Generate Firm Wide Assets report with detailed breakdowns by Portfolio Manager across various categories, including alternative exposure and duration analysis

Investment Committee Support

Prepare materials and information for the CCB Investment Committee

Provide data, analysis, and insights to support Investment Committee decision-making

Document and communicate Investment Committee guidance as needed

Documentation & Communication

Maintain accurate records of all trading activity, investment decisions, and client interactions

Support Portfolio Managers with presentation materials and client-facing documentation

Ensure timely distribution of reports and updates to stakeholders

Investment Professional Activities (40-50%)

Portfolio management and discretionary trading

Client relationship management and communication

Investment research and analysis

Operational Support Activities (50-60%)

• Systems and operations support
• Report generation and distribution
• Data management and analytics
• undefined

Key Skills:

Technical Knowledge

• Strong understanding of equity and fixed income securities, including valuation principles and market dynamics
• Working knowledge of portfolio management concepts including asset allocation, diversification, and risk management
• Familiarity with performance measurement and attribution analysis
• Understanding of investment strategies including ETFs, mutual funds, and individual securities
• Knowledge of regulatory and compliance requirements affecting investment management

Systems & Technical Skills

• Proficiency with portfolio management systems (experience with Axys, Moxy, Genesis, Black Diamond, or similar platforms preferred)
• Advanced Microsoft Excel skills including financial modeling, data analysis, and report automation
• Competency with Microsoft Office Suite