Key Private Bank Senior Portfolio Strategist

0100 KeyBank National Association; Cleveland (OH); Hybrid; USD 116,000 - 216,000; Full time

Benefits offered by this job

Hybrid work model

Incentive compensation

Job summary

KeyBank in Cleveland is seeking a senior Wealth Advisor to manage large discretionary portfolios for ultra-high-net-worth clients. You will design customized strategies, monitor performance, and ensure fiduciary compliance while aligning with client goals and risk tolerance.

You will collaborate with Relationship Managers and other Wealth Segment advisers to review client plans, communicate market insights, and expand the client base through strategic referrals and service excellence.

Qualifications

• Bachelor's degree or equivalent experience required.
• 10 years of experience in investment management required.
• Experience managing UHNW client relationships preferred.

Responsibilities

• Manage large, complex discretionary portfolios for ultra-high-net-worth clients.
• Evaluate goals and risk tolerance to tailor strategies and asset allocation.
• Collaborate with Relationship Managers to align client strategy.
• Ensure compliance with regulatory requirements and fiduciary standards.
• Engage in client reviews and expand relationships to drive growth.

Skills

Interpersonal skills

Written and verbal communication

Client focus

Presentation skills

Team collaboration

Open architecture experience

Sales achievement

UHNW portfolio management

Office equipment proficiency

Trust accounting system

Portfolio management system

Education

Bachelor's Degree in related field

Job description

Location

127 Public Square, Cleveland Ohio

Job Summary

Manages and constructs investment portfolios in accordance with client investment goals and objectives. Advises clients on appropriate strategies and constructs and customizes portfolios according to client needs or preferences. Maintains a high level of collaboration with relationship team to provide effective strategies, solutions and optimal levels of service that exceeds client expectations. Position is expected to offer the complete breadth and depth of the Wealth segment suite of capabilities. This position collaborates and performs as part of the relationship management team to assure that the Wealth segment goals are met by executing the client strategy.

Essential Functions

Manage large, complex discretionary investment portfolios for ultra-high-net-worth clients within a fiduciary framework. Evaluate client goals and risk tolerance, contribute to relationship strategy, and design customized portfolios consistent with investment policy statements and Wealth Segment investment guidance. Implement and manage asset allocation strategies using an open architecture platform; execute transactions and investment programs aligned with client objectives. Monitor portfolio performance, assess results, and recommend adjustments based on market conditions and client needs. Maintain deep expertise in financial markets and investment strategies; participate in or contribute to investment committees as appropriate. Ensure compliance with all regulatory requirements, internal policies, and fiduciary standards. Partner closely with Relationship Managers and other Wealth Segment advisors in client reviews, strategy discussions, and ongoing relationship management. Confer with clients and their internal and external advisors to coordinate overall investment strategy and asset allocation. Communicate timely and material client developments to the Relationship Manager. Articulate the value proposition and competitive advantages of the Key Family Wealth platform and introduce clients to the broader Wealth Segment capabilities. Meet or exceed individual growth objectives through relationship expansion, referrals, and new business development; engage with prospective clients and centers of influence as part of the relationship team. May advise investment management and trust client relationships. Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key’s clients and Key.

Education

Bachelor's Degree in related field. (preferred) OR equivalent experience (required)

Work Experience

10 years of experience in the investment management field. (required)

Skills

Excellent interpersonal and communications skills (both written and verbal). Strong client focus. Strong presentation skills. Ability to work as part of a sales and client servicing team. Experience and proven success in an open architecture environment. Demonstrated track record of sales success. Experience managing an ultra-high-net-worth book of business. Ability to use office equipment, Trust accounting system, and portfolio management system.

Core Competencies

All KeyBank employees are expected to demonstrate Key’s Values and sustain proficiency in identified Leadership Competencies.

Physical Demands

General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Travel

Occasional travel to include overnight stay.

Driving Requirements

Ability to occasionally operate a motor vehicle with a valid driver's license.

Work Location Category

Hybrid (3+ days)

Compensation and Benefits

This position is eligible to earn a base salary in the range of $116,000.00 - $216,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives. Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date

12/20/2026

Equal Employment Opportunity

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [e-mail].

KeyBank Brand

#LI-Hybrid KeyBank is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You’ll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.