Senior Portfolio Manager - Nottingham Trust (On-Site)

Benefit Plans Administrative Services, Inc.; Williston (VT); On-site; USD 72,000 - 124,686; Full time

Benefits offered by this job

11 paid holidays

Medical, Vision & Dental insurance

401K with generous match

Tuition Reimbursement

Banking discounts

Job summary

A financial services firm in Vermont is seeking a Trust Investment Officer with over 7 years of experience. Responsibilities include managing complex accounts, developing investment policy statements, and ensuring high-quality customer service. The ideal candidate has a degree in Business or related field and relevant certifications. Competitive compensation includes benefits like 401K matching and paid holidays. This is an opportunity to advance professionally in a supportive environment.

Qualifications

• 7+ years of experience as a Trust Investment Officer or related field.
• 5+ years in the investment field.
• Experience with customer service goals and managing complex accounts.

Responsibilities

• Manage significant account relationships and develop investment policy statements.
• Monitor investments and respond to client inquiries.
• Provide personal trust and employee benefit services to division clients.

Skills

Strong reading skills

Strong writing skills

Strong interpersonal relations

Knowledge of investments

Knowledge of trust services

Knowledge of employee benefit services

Education

B.S. or B.A. in Business, Economics, Finance or Accounting

Chartered Financial Analyst or related certification

Tools

Financial analysis software

Job description

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

Responsibilities

General Responsibilities:

• Work with the division’s more significant and/or complex account relationships
• Work with account administrators and clients to develop investment policy statements (IPS)
• Select and monitor both individual investments and overall client portfolios
• Maintain appropriate records and documentation to support investment decisions
• Participate in divisional committees
• Build relationships with other WMG personnel to identify and develop additional business opportunities
• Establish and develop relationships with division clients and their other professional advisors
• Establish and develop relationships with COI’s to generate new business
• Respond to inquiries or requests for information
• Provide personal trust and employee benefit services to division clients
• Achieve customer service goals as established in the Bank’s annual operating plan
• Supervise assigned personnel
• Provide guidance and training/support to division peers and subordinates

Essential Duties:

• Stay current with debt and equity markets as well as economic developments that may affect investment decisions.
• Manage assigned divisional accounts including but not limited to the following:
• Analyzing requirements of assigned accounts by reviewing account agreements and/or legal instruments, determining cash requirements, and anticipating tax consequences;
• Preparing complete account analysis and documentation.
• Monitoring the cash and investments of each account with consideration of objectives, the needs of beneficiaries, and cash requirements for taxes and distributions
• Monitoring and researching/analyzing substantial price changes in division-held investments to establish an appropriate course of action
• Monitoring the quality of client investments, making changes when appropriate
• Reviewing the investment of new and existing accounts
• Establishing, monitoring and updating account investment objectives and IPS
• Performing account investment reviews in accordance with regulatory and fiduciary requirements.
• Executing trades.
• Actively pursue and maintain professional relationships with other professionals within the financial and business communities to maximize business development opportunities.
• Communicate and respond to investment-related inquiries from division personnel, clients, attorneys, accountants, and other appropriate parties.
• Develop additional business with both new and existing clients
• Maintain an active awareness of changes in legal and regulatory requirements which may affect accounts.
• Provide quality service to customers, whether internal or external.
• Comply with established operating policies and procedures in order to maintain adequate controls and to support the Bank’s adherence to outside regulatory requirements.
• Communicate with management and Bank/Trust personnel to help integrate goals and activities.

Qualifications

Education/ Training:

• B.S. or B.A. degree with a major in Business, Economics, Finance or Accounting preferred.
• Advanced level of technical knowledge, as evidenced by the completion of Chartered Financial Analyst, Certified Financial Planner, Certified Financial Advisor, or related accreditation in order to obtain and analyze financial information in order to forecast business, industry and economic trends as a basis for making investment decisions.
• Specialized personal trust and employee benefit education and training.

Skills:

• Strong reading, writing, grammar, computer, and mathematics skills; strong interpersonal relations and communicative skills; a thorough knowledge of investments, trust services, and employee benefit services; valid drivers license.

Experience:

• Minimum of seven (7) years’ experience as a Trust Investment Officer or related field normally required, with at least five (5) years’ experience in investment field.

Other Job Information

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

The Company is an Affimative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.

The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.

Minimum

USD $72,000.00/Yr.

Maximum

USD $124,686.00/Yr.