Director, IWM Portfolio Manager

Socket.dev; Pittsburgh (Allegheny County); On-site; USD 180,000 - 260,000; Full time

Job summary

BNY Mellon is seeking a Director, IWM Portfolio Manager for our Wealth Management team in Pittsburgh, PA. The role focuses on managing assets within policy guidelines across large, complex accounts and implementing strategies aligned with client goals.

You will collaborate with research and portfolio teams, meet with clients and prospects, and contribute to policy development through the investment committee. Strong leadership and communication will support client retention and business growth.

Qualifications

• Bachelor's degree or equivalent combination of education and experience required; advanced or graduate degree preferred.
• 10+ years of total work experience preferred; MBAs or CFAs preferred.
• Applicable local or regional licenses and certifications as required by the business.
• Bi-lingual capabilities and understanding of local/cultural nuances are helpful to build client trust.
• Strong interpersonal skills to engage effectively with clients and internal teams.
• Ability to work independently and collaboratively within a team environment.

Responsibilities

• Independently manage assets within investment policy guidelines for large, complex accounts/funds.
• Implement investment strategies aligned with client goals and risk tolerance.
• Collaborate with research, strategy, and portfolio teams to optimize decisions.
• Meet with clients and prospects to discuss strategies and market conditions.
• Serve on the investment committee to refine policies and strategies.
• Evaluate performance and adjust portfolios to meet objectives.

Skills

Interpersonal skills

Independent worker

Team collaboration

Client engagement

Bi-lingual capabilities

Education

Bachelor's degree or equivalent

MBA or CFA preferred

Job description

We're seeking a Director, IWM Portfolio Manager for our Wealth Management team in Pittsburgh, PA.

In this role, you'll make an impact in the following ways:

• Independently manage a significant amount of assets within investment policy guidelines, including medium to large and complex accounts/funds.
• Implement investment strategies aligned with client financial goals and risk tolerance, adhering to investment policies, philosophies, procedures, and applicable regulations.
• Collaborate with research, strategy, and portfolio team members to optimize investment decisions.
• Meet with clients and new business prospects to communicate investment strategies, discuss market performance, and review current market conditions.
• Serve on the investment committee, contributing to the development and refinement of policies and strategies to enhance business performance.
• Evaluate investment performance regularly and make timely portfolio adjustments to meet investment objectives and allocation guidelines.
• Gather stakeholder input and leverage data to support business tracking of key performance indicators and informed decision-making.
• Build and maintain processes that enable executive leadership to make informed decisions impacting the portfolio.
• Provide guidance to less experienced Portfolio Managers and may manage a small junior team.
• Contribute to team and firm profitability by supporting client retention and expansion through superior investment performance and client service.

To be successful in this role, we’re seeking the following:

• Bachelor's degree or equivalent combination of education and experience required; advanced or graduate degree preferred.
• 10+ years of total work experience preferred- preferred for candidates holding MBAs or CFAs.
• Applicable local or regional licenses and certifications as required by the business.
• Bi-lingual capabilities and understanding of local/cultural nuances are helpful to build client trust.
• Strong interpersonal skills to engage effectively with clients and internal teams.
• Ability to work independently and collaboratively within a team environment.

At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.

Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.