Senior Investment Manager

Socket.dev; Nashville (TN); On-site; USD 180,000 - 350,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

AD&D insurance

Tax-advantaged savings accounts

401k plan

Vacation days

Sick days

Paid holidays

Job summary

Truist Wealth seeks a seasoned investment leader to partner with Wealth Advisors and manage portfolios for high and ultra-high net worth clients. You will develop strategies, communicate proactively, and guide client education while coordinating with multi-product investment solutions.

The role emphasizes risk management, compliance, and building trusted advisor relationships across families and generations.

Qualifications

• Bachelor’s Degree and equivalent education or related training is required.
• Ten years of investment experience with high net worth and ultra-high net worth clients.
• Strong portfolio management and robust business development skills with a multi-product focus.
• Expert-level investment professional with experience with very high investable net worth and sophisticated strategies.
• Series 65 licenses required; ability to transfer/acquire licenses within 60–100 days.

Responsibilities

• Partner with Wealth Advisors to deliver Investment Management Services to high net worth clients.
• Analyze client portfolios, develop asset allocation, and implement investment strategy.
• Develop and deepen client relationships through proactive communication and education.

Skills

Investment communication

Portfolio management

Business development

Interpersonal communication

Multi-product investment

Client relationships

Team leadership

Executive presence

Networking

Education

Bachelor’s Degree and equivalent education or related training

MBA/CFA and/or equivalent professional designation

Job description

Regular or Temporary: Regular

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description:

Responsible for partnering with Wealth Advisors to deliver Investment Management Services to new High Net Worth ($5+MM in AUM) and Ultra High Net Worth ($25+MM in AUM) clients and deepen existing client relationships in the Reserve and GenSpring segments of Truist Wealth. Deliver advice proactively based upon financial planning and a holistic view of the client’s circumstances. Will typically manage a client base of approximately 40-75 relationships with assets under management averaging $800 million and revenue responsibility averaging $5 million. They should be sought out by peers and co-workers for advice and assistance relating to investment expertise and client solutions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Critical partner in new business development and acts as a primary source for investment communication. Assists the Wealth Advisor in acquiring Reserve and GenSpring level, prospective clients.
2. Assist Wealth Advisors with information discovery and client goal identification for prospective clients. Analyze prospective client investment portfolios; develop investment strategy - inclusive of asset allocation, investment implementation, and portfolio construction. Assess added complexity across the balance sheet, including limited partnerships and business interests, and impact on investment recommendations. Effectively articulate our investment process and recommendations.
3. As a key member of the Truist Wealth client facing team, share responsibility for developing and deepening client relationships through the delivery of proactive communication and advice. Ascertain the engagement level for family office services and provide investment education to multiple generations within families.
4. Actively assist in the client onboarding experience and develop the Investment Policy Statement in accordance with the client’s unique situation. Execute on strategic and tactical asset allocation.
5. Manage the daily trading activities in discretionary, non-discretionary, and trust-based portfolios.
6. Responsible for building a rapport with each of his or her base of client families prior to capital deployment which will help ensure long-lasting client/trusted advisor relationships.
7. Implement investment recommendations and transition new clients into a collaborative and on-going portfolio management and client communication cycle.
8. Based on investment reviews with clients, recommend, establish, monitor and adjust investment strategies and solutions designed to achieve specific account related investment goals and objectives for discretionary and non-discretionary investment, portfolios.
9. Adhere to (and document) risk management and compliance with all relevant regulatory policies and procedures.

QUALIFICATIONS

Required Qualifications:

1. 1. Bachelor’s Degree and equivalent education or related training
2. 2. Ten years of investment experience, which should include experience as an investment advisor, portfolio manager, or other investment-related activities with a focus on high net worth and ultra-high net Worth clients. Demonstrates superior investment skills and knowledge and displays expert interpersonal capabilities.
3. 3. Possesses both strong portfolio management skills as well as robust business development capabilities. A Senior IM is client-focused, detail-oriented, and excels at interpersonal communication. The role requires a multi-product focus that incorporates equities, fixed income, foreign exchange products, derivatives, structured products, alternative investments, private equity and hedge fund strategies.
4. 4. An expert-level investment professional, who: Has a track record of working with clients with at least $10MM and often greater than $25MM in investible net worth. Is able to synthesize complex investment and economic strategy from internal and external sources to inform portfolio management decisions. Is able to communicate sophisticated and complicated investment and economic concepts in a client-centric manner that is straight-forward, thoughtful, and relatable. Is an active team player in identifying the need for and articulating to clients and teammates the investment implications of sophisticated financial solutions, such as GRATs, CRUTs, IDGT, and complex insurance strategies. Is able to navigate the complexity of the organizational structure to coordinate resources, problem solve, and deliver to clients the highest level of client service. Is intensely focused on building brand internally and externally. a. Builds rapport, relationships, and credibility internally and externally. b. Is a visible bank presence within the immediate community and is recognized as a representative of Truist investment thought leadership. c. Engages consistently and frequently in external networking opportunities. d. Speaks occasionally at Truist sponsored-events about market and economic issues. Is recognized as possessing an appropriate executive presence that facilitates a perception of expertness, trustworthiness, credibility, and sensitivity to others. Is entrepreneurial in approach and displays a high-level of business acumen in recognition of one’s own behaviors and the connection to Truist Wealth’s business strategy. Is viewed as a leader among peers. Successfully engages prospects in the client acquisition cycle.
5. 5. Series 65 licenses. Candidates will have 60 days from their Start Date to transfer, or 100 days from their Start Date to acquire all of the registrations and licenses required for this position.

Preferred Qualifications:

1. 1. MBA/CFA and/or equivalent professional designation
2. 2. Combination of buy and sell-side experience

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work

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