Hybrid Private Wealth Portfolio Manager (Mid‑Office)

Citizens; Boston (MA); Hybrid; USD 100,000 - 126,000; Full time

Benefits offered by this job

Medical, dental & vision coverage

Retirement benefits

Flexible work arrangements

Education reimbursement

Wellness programs

Job summary

Citizens Private Bank in Boston seeks a Portfolio Manager to oversee day-to-day management of high net worth and institutional client portfolios. You will rebalance according to the Investment Policy Statement and coordinate with Investment Managers to meet risk/return objectives.

This is a middle-office, nonclient facing role focused on liquidity, compliance, and performance monitoring, with 40 hours/week and a 4-day in-office schedule plus 1 day remote.

Qualifications

• 3-5+ years of experience in portfolio management, investment operations, or asset management within a Private Bank, Wealth Management, or Institutional environment.
• Demonstrated experience managing high-net-worth and/or institutional portfolios, including asset allocation, rebalancing, and liquidity management.
• Strong knowledge of Investment Policy Statements (IPS) and risk/return objectives.

Responsibilities

• Rebalance accounts according to the Investment Policy Statement with guidance from the asset allocation team.
• Invest client portfolios to meet risk/return objectives with Investment Managers and Bankers.
• Handle initial funding, annual reviews, and regulatory requirements (Reg 9).
• Monitor asset allocation, benchmarks, and performance deviations against models and grids.
• Prepare monthly composites and reports; support with client-specific targets and tracking errors.

Skills

Portfolio management

Attention to detail

Analytical skills

Education

Bachelor's degree in Finance/Business

CFA/CAIA/CFP preferred

Tools

Microsoft Excel

Portfolio management systems

Job description

Citizens Private Bank in Boston seeks a Portfolio Manager to oversee day-to-day management of high net worth and institutional client portfolios. You will rebalance according to the Investment Policy Statement and coordinate with Investment Managers to meet risk/return objectives.

This is a middle-office, nonclient facing role focused on liquidity, compliance, and performance monitoring, with 40 hours/week and a 4-day in-office schedule plus 1 day remote.