National Portfolio Manager (II)

Fifth Third; Cincinnati, Northern (OH, KY); Hybrid; USD 120,000 - 230,000; Full time

Job summary

Fifth Third Bank in Cincinnati, OH seeks an experienced Portfolio Manager to lead investment strategy, client service and new business efforts across a diverse client base. You will manage portfolios within policy guidelines, develop IPS with clients/advisors, and present proposals to deliver competitive returns while controlling risk.

This role emphasizes collaboration with partners and growth of asset management revenue.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or Business Administration preferred.
• Five or more years of professional experience in money management, investment research or financial services.
• CFA, CFP or MBA encouraged.

Responsibilities

• Develop satisfied clients and new sources of asset management revenue through frequent contact with relationships of increasing complexity and size.
• Collaborate with partners and participate in One Bank activities to win new business opportunities.
• Consult with clients/advisors to develop investment objectives and IPS, and present investment plans.
• Coordinate with Trust/Account Officers to align policies with client objectives.
• Invest assets according to policy guidelines to deliver competitive returns within risk parameters.
• Engage with peers to communicate client objectives and portfolio changes.

Skills

Client development

Communication

Analytical thinking

Strategy knowledge

Education

Bachelor’s degree in Finance, Accounting, Economics, or Business Administration

Tools

Microsoft Office

Excel

PowerPoint

CoPilot

Job description

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

ABOUT THE ROLE:

Acts within established investment policy guidelines to recommend and execute investment programs designed to achieve the objectives of a significant volume of client accounts and/or relationships. Delivers an exceptional client experience while achieving sales and retention goals. As the Portfolio Manager, primary functions include investment management, client service and support of new business efforts. Client interactions are generally limited to phone, video and e-mail interactions.

YOUR RESPONSIBILITIES:

• Client Development: Develop satisfied clients and new sources of asset management revenue through frequent contact with relationships of increasing complexity and size.
• Business Collaboration: Work with business partners and participate in One Bank activities, including One Bank meetings, pre-call planning, and post call follow-up to win new business opportunities, when applicable.
• Investment Planning: Consult with clients and advisors to develop investment objectives and implement a suitable investment plan, maintaining an Investment Policy Statement (IPS) for each client relationship.
• Proposal Presentation: Meet with prospects and clients, preparing and presenting proposals for investment management.
• Account Administration Coordination: Work with Trust and/or Account Officers to learn the intentions of the trust, IRA, or agency agreement and identify the most appropriate investment policy to accomplish client objectives.
• Portfolio Management: Invest assets according to investment policy guidelines to deliver a competitive rate of return within the given level of risk and best interest of the client.
• Team Engagement: Regularly engage with peers and business partners to ensure effective communication regarding client objectives and coordination of portfolio changes.
• Market Awareness: Maintain awareness of new investment strategies, techniques and products through regular contact with other industry professionals and through internal and external research.
• Trend Analysis: Keep informed of market trends and analyze the effect of these trends on clients’ investment portfolios.
• Policy Compliance: Follow established investment policies and procedures including annual account reviews and working to minimize and/or document exceptions.
• Continuous Improvement: Support efforts to enhance internal processes and contribute to building efficiencies within the team. Share best practices and provide functional and process insights when appropriate.
• Talent Development: Assist with mentoring junior Portfolio Managers and Associate Portfolio Managers and help facilitate onboarding and training activities.
• Other Duties: Performing other duties as assigned, adapting to new tasks or shifts in priorities as necessary to support your team’s and the company’s mission.

MINIMUM REQUIREMENTS:

Bachelor’s degree; a major in Finance, Accounting, Economics, or Business Administration preferred. Five or more years of professional experience; money management, investment research or financial services experience preferred. Additional credentials such as CFA, CFP or MBA are encouraged.

REQUIRED SKILLS:

• Qualified candidates will possess an intermediate degree of proficiency (typically from 3+ years of work or practical experience), in: Communication: Demonstrated strong interpersonal, written and verbal communication skills, and presentation skills.
• Problem Solving & Analytical Thinking: Applies strong analytical skills to evaluate investment options, solve complex client challenges, and make data-informed decisions.
• Strategy Knowledge: Strong knowledge of the firm’s investment strategies, products, and portfolio construction methodologies.
• Software Proficiency: Proficient in the use of Microsoft Office software including Word, Excel PowerPoint, and CoPilot.

SKILLS FOR SUCCESS:

• Client Experience: Delivers an exceptional client experience while achieving sales and retention goals.
• Team Collaboration: Works effectively with internal and external partners to achieve shared goals and support client needs.
• Organization: Demonstrates exceptional organizational skills to manage multiple client accounts and priorities efficiently.
• Adaptability: Adapts quickly to changing priorities, market conditions, and client needs with a flexible and proactive approach.

DOING THE RIGHT THING:

Our employees take pride in doing the right thing for customers and colleagues as well as being accountable for risk by openly exchanging ideas and opinions, elevating concerns, and following policies and procedures that protect all our valuable assets — including you.

National Portfolio Manager (II)

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location.

In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION -- Cincinnati, Ohio 45202

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.