Senior Trust Portfolio Manager

Columbia Banking System; Portland (OR); On-site; USD 120,000 - 215,000; Full time

Benefits offered by this job

Healthcare coverage (medical, dental,

401(k) retirement plan with company匹配

Life insurance

Disability insurance

Tuition assistance

Mental health resources

Identity theft protection

Legal support

Discount marketplace access

Paid vacation and holidays

Job summary

Columbia Bank seeks an experienced Senior Portfolio Manager to lead UHNW client acquisition and tailor bespoke portfolios for family offices. You will be the lead advisor and relationship manager, delivering proactive reviews and strategic rebalancing within fiduciary guidelines.

Grow the firm’s UHNW footprint by leveraging networks, partners, and cross-functional teams in a trusted advisory role while ensuring regulatory compliance and thoughtful wealth planning.

Qualifications

• Bachelor's degree in Finance, Economics, or related field; MBA, CFA, CFP, or CTFA preferred.
• 7+ years of industry work experience is required.
• Proficient in interpreting accounting literature, regulations, and theory.
• Strong MS Office skills, especially Excel; able to run analyses.

Responsibilities

• Lead client acquisition and portfolio management for UHNW individuals and family offices.
• Design and manage highly customized portfolios with multi-generational planning.
• Provide proactive reviews, performance reporting, and strategic rebalancing.
• Act as lead advisor and relationship manager for UHNW clients and families.
• Ensure compliance with fiduciary laws and coordinate with legal/tax teams.

Skills

UHNW client acquisition

Portfolio management

Financial analysis

Communication skills

Relationship management

Education

Bachelor's degree

MBA or CFA preferred

Tools

Microsoft Excel

Office Suite

Job description

About the Role:Senior Portfolio Manager to lead client acquisition and portfolio management for ultra-high-net-worth individuals and family offices. This role requires deep investment acumen, a strong understanding of fiduciary trust laws, and expertise in alternative investments. The ideal candidate will be instrumental in growing the firm’s franchise by attracting and retaining sophisticated clients and delivering bespoke investment solutions.Develop and execute strategic initiatives to acquire UHNW clients and family offices.Leverage personal networks, centers of influence, and strategic partnerships to expand the client base.Collaborate with marketing and business development teams to position the firm as a trusted advisor to UHNW families.Develop and execute strategic initiatives to acquire UHNW clients and family offices.Design and manage highly customized portfolios tailored to complex client needs, including multi-generational wealth planning.Integrate traditional and alternative investments to optimize risk-adjusted returns.Provide proactive portfolio reviews, performance reporting, and strategic rebalancing.Serve as the lead advisor and relationship manager for UHNW clients and family offices.Conduct in-depth discovery to understand family dynamics, legacy goals, and investment preferences.Deliver white-glove service and maintain long-term, trust-based relationships.Apply comprehensive knowledge of fiduciary trust laws in advising on trust structures, estate planning, and wealth transfer strategies.Coordinate with legal, tax, and estate planning professionals to ensure compliance and optimal outcomes.Advise on governance frameworks and fiduciary responsibilities for family office structures.Source, evaluate, and incorporate alternative investments such as private equity, venture capital, hedge funds, and real assets.Conduct rigorous due diligence and risk analysis on non-traditional investment opportunities.Educate clients on the role of alternatives in portfolio diversification and long-term wealth preservationContribute to the firm’s UHNW strategy, investment platform development, and thought leadership.Mentor junior advisors and portfolio managers, fostering a culture of excellence and innovation.Stay current on market trends, regulatory developments, and family office best practices.Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.May be asked to coach, mentor, or train others and teach coursework as subject matter expert.Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.Takes personal initiative and is a positive example for others to emulate.Embraces our vision to become “Business Bank of Choice”May perform other duties as assigned.About You:Bachelor’s degree in Finance, Economics, or related field; MBA, CFA, CFP, or CTFA preferred7+years — of industry work experience (Required)Thorough understanding and ability to interpret moderately complex accounting literature and accounting pronouncements, regulations, practice, and theory, as well as the ability to apply this knowledge to day-to-day activitiesIntermediate computer skills with an emphasis on Microsoft Office products, including Excel and Word Organizational and project management skillsEffective team playerEffective verbal and written communication skillsAbility to meet bonding requirements for employment purposeStays informed of developments in security marketsPerforms investment researchHigh level of understanding of asset allocation strategiesSkills and knowledge to manage individual equity or fixed income strategiesOccasionalThe base pay range for this role is $120,000.00 to $215,000.00.The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.Evergreen:This posting is part of an evergreen requisition to create a pipeline of talent. If you are interested in potential opportunities in this area, we encourage you to apply. While we may not have an immediate opening at this time, we are always looking for top talent and will reach out as positions become available in the posted locations.Our Benefits:We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.Our Commitment to Diversity:Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [e-mail] .To Staffing and Recruiting Agencies:Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.