Senior Portfolio Manager

Franklin Templeton; Pennsylvania; On-site; USD 200,000 - 250,000; Full time

Job summary

Fiduciary Trust International in Radnor, PA seeks a Senior Portfolio Manager to develop and execute investment strategy for a diverse client base, including HNW individuals and families. You will profile clients, implement firm investment policy, and oversee asset allocation across equity, fixed income, and funds.

The role requires deep fixed income and equity knowledge, tax-aware investing, and collaboration with business development to grow the book of business.

Qualifications

• Bachelor's degree required; advanced degree and certifications preferred.
• 10+ years' finance experience required.
• Minimum 5 years' portfolio management and investment research experience required.
• Experience as a Portfolio Manager and Relationship Manager with a team.
• Superior communication skills and analytical ability.
• Willingness to travel to client locations.

Responsibilities

• Develop and implement broad investment strategy and client profiles.
• Assess and analyze portfolio returns and risk to rebalance on an after-tax basis.
• Determine valuations and construct portfolios across asset classes.
• Manage accounts to maximize performance and present to clients and referrals.
• Collaborate with strategy and research teams to implement recommendations.

Skills

Portfolio management

Client relationships

Investment research

Financial planning

Communication

Macro analysis

Education

Bachelor's degree

CFA/CFP/MBA

Job description

Senior Portfolio Manager

Fiduciary Trust International is hiring a Senior Portfolio Manager to join the team in Radnor, PA (Greater Philadelphia Area).

The Sr. Portfolio Manager (PM) develops and implements overall client portfolio investment strategy, as well as selection of equity, fixed income, or funds for a highly customized book of business. Client portfolios may range from balanced portfolios, multi-asset class to single asset class portfolios. The PM will profile clients to determine their goals and investment objectives and will have responsibility to implement and execute our firm’s investment policy and broad investment strategies, including asset allocation and recommended securities and various investment vehicles. This requires the monitoring of global macro events and assessing the implications on global financial markets to make investment decisions for clients.

The PM evaluates research information to make decisions on individual stocks for client portfolios with an after-tax approach. A strong understanding of fixed income securities as well as other financial securities is required, in order to evaluate relative value and build investment portfolios to meet client objectives in an after-tax framework. In working with high-net-worth clients (HNW), an understanding of tax, trust, and estate planning knowledge is important. The PM works with a team to provide additional services for clients, including financial planning, tax, trust, and estate services to build client relationships for diverse clients, including domestic and international individuals, families, and foundations. The role requires working with our business development team to strategize approach in acquiring new business. Fiduciary Trust is a highly collaborative firm that brings together all levels of expertise to support our client relationships. Our culture is built on our commitment to delivering dynamic, proactive, and excellent client service and outcomes at all levels of the relationship.

Key Responsibilities

Investment Management –

• Develop and implement broad investment strategy: Develop client profiles and investment objectives while monitoring global macro events and assessing the implications on global financial markets.
• Assess and analyze portfolio returns & risk to rebalance as needed on an after-tax basis.
• Determine absolute and relative valuations of investment securities in client portfolios. Integrate both global macro and market valuation into a well-defined investment view, rationale, strategy, and portfolio construction applied across a diverse client base.
• Manage assigned accounts according to specific client investment objectives and constraints including idea generation; the execution and the monitoring of the assets held in the portfolio to ensure maximization of portfolio performance; and through marketing efforts, make presentations to existing clients, prospective clients, and referral sources.
• Interface with the strategy teams and research groups to understand and implement the firm’s recommendations; monitor cash balances; review portfolio investment results; communicate strategy and results to clients.

Client Servicing –

• Manage and oversee a highly customized dedicated book of business.
• Articulate current economic and market views, outlook, portfolio positioning and construction.
• Create presentation materials, providing clients with an understanding of the investment strategy and returns for their portfolios.
• Articulate the firm’s overall capabilities, philosophy, and approach generally, including asset allocation, equity, fixed income, alternative assets, and related manager selection processes.
• Work with business development teams to cultivate new business for the firm. Foster client additions by providing added value and building strong relationships.

Ideal Qualifications

• Bachelor's degree required. Advanced degree and certifications preferred (i.e. CFA, CFP and/or MBA)
• 10 + years' finance experience required
• Minimum 5 years' portfolio management and investment research experience required
• Experience serving as a Portfolio Manager and Relationship Manager, working with a team to provide excellent service to clients (individuals and multi-generational families)
• Superior communication skills
• Excellent analytical skills and strong attention to detail
• Willingness to travel to various client and business locations

Learn More:

• The Story of Fiduciary Trust International

Compensation

Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary—designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the base salary for this position to range between $200k - $250k, depending on level of relevant experience, plus discretionary bonus.

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.

By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

• Most benefits vary by location. Ask your recruiter about benefits in your country.

Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.

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