Investment Strategist Sr

UMB Bank; Plano (TX); Hybrid; USD 141,000 - 208,000; Full time

Job summary

UMB Bank is seeking a Senior Investment Strategist for its Private Wealth Management team in Plano, TX, hybrid work arrangement. You will lead investment strategy development, oversee asset allocation, and provide expert guidance to ultra-high-net-worth clients with discretionary accounts.

You will collaborate with Portfolio Construction Desk, Wealth Advisors, and Partners to deliver tailored investment solutions aligned with IPS, risk tolerance, and client goals.

Qualifications

• Eight years’ experience in Investment Management, Financial Planning, or Brokerage that includes communicating complex and detailed information related to investment management process and portfolio construction.
• Must have, or possess ability to obtain, the Series 65 registration within 120 days of employment

Responsibilities

• Open investment advisory accounts for high-net-worth clients and manage their investment strategy on a discretionary basis.
• Collaborate with Wealth Advisors and Managing Partners with IPS-based strategies.
• Serve as the investment expert during client meetings and discuss strategy options and performance.
• Oversee investment policies, reporting, and asset allocation for assigned clients.
• Participate in or lead investment committees and drive portfolio reviews.

Skills

Emotional intelligence

Relationship building

Communication skills

Portfolio modeling

Leadership

Job description

Hybrid

Clayton MO

Plano TX

Full time

R-9394

Duties & Responsibilities

Every step of the UMB Private Wealth Management investment process is overseen and executed by dedicated teams of research and portfolio specialists. From both a top-down and bottom-up perspective — from the global macro-economic environment down to individual security selections and concluding with Strategic and Policy oversight — teams of experts develop and implement the guiding investment themes and the fulfillment strategies to optimally leverage the division’s outlook for the upcoming cycle, in the manner best suited to the clients’ goals and objectives.

The Senior Investment Strategist works directly with our most sophisticated and complex high-net-worth clients to create custom investment solutions that harness the power of the investment process outlined above. In this role, you will serve as the investment management subject matter expert within a team of professionals that have an overarching goal of providing financial clarity through a robust financial planning process. You will play a crucial part in the development, maintenance, and oversight of the investment strategy and asset allocation for clients serviced by the Private Wealth Management team. This role will focus on serving individuals and families with at least $3 million in investable assets. The position involves working within the firm's Portfolio Management Division, where you will leverage your expertise to oversee the management of investment advisory accounts on a discretionary basis.

Portfolio Construction Desk

Collaborate with the firm's Portfolio Construction Desk (PCD) to open investment advisory accounts for high-net-worth clients and manage their investment strategy on a discretionary basis.

Relationship Management and Sales Support

Assist Wealth Advisors and Managing Partners with analyzing portfolios and developing advanced Portfolio Management solutions and strategies based on the unique Investment Policy Statement (IPS) for each individual client and parameters provided via Request for Proposal (RFP) opportunities.

Client Service

Serve as the investment expert during client meetings. Lead the discussion around investment strategy options and performance. Articulate firm messaging about key macro-economic and market factors. Participate and on occasion lead sales presentations. Collaborate with Client Service Specialist and Relationship Manager to ensure that administrative tasks are processed in an accurate and timely manner.

Investment Oversight

Develop and oversee investment functions, including policies, procedures, reporting, required Regulation 9 review and performance metrics, utilizing firm-approved resources. This includes the deployment of firm approved asset allocation models and the implementation of strategy.

Asset Allocation

Make asset allocation recommendations and set up portfolios in collaboration with PCD. Critically examine current portfolio and provide rebalance instructions to PCD.

Benchmark and Investment Policy Recommendations

Review and develop recommendations for appropriate benchmarks for the current asset allocation. Provide initial and ongoing review of client IPS.

Investment Committees

Active participation or leadership of assigned investment committee within the investment division.

Other duties as assigned.

Requirements

MINIMUM:

• College degree or relevant experience
• 8 years’ experience in Investment Management, Financial Planning, or Brokerage that includes communicating complex and detailed information related to investment management process and portfolio construction.
• Must have, or possess ability to obtain, the Series 65 registration within 120 days of employment

Knowledge & Skills

MINIMUM:

• Demonstrate a high degree of emotional intelligence when interacting with clients and internal partners
• Demonstrates ability to develop, expand, and close relationships with clients and external professionals (attorneys, financial advisors, accountants) to enhance business opportunities
• Demonstrates strong communication skills (verbal, written, listening, presentation)
• Demonstrates trust, investment, and trading knowledge of portfolio modeling, platforms, policies and procedures, state and federal laws/regulations
• Demonstrates strong leadership skills

Compensation Range

$141,354 - $207,900

The posted compensation range on this listing represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?

You’re more than a means to an end—a way to help us meet the bottom line. UMB isn’t comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You’ll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to [e-mail] to let us know the nature of your request.

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Who we are

We are more than a company. We are advisors, consultants, problem solvers, friends, community members, experts, and we are here to help you make the best of every moment with a financial foundation that can help you succeed.

Learn more about UMB's vision (https://p1.aprimocdn.net/umb/8cf58ce2-e9d6-4621-b60a-b09f01638943/UMB_Tuce_Book_Original_file.pdf)