Trust Portfolio Management Associate

Burke & Herbert Bank & Trust; Beckley (WV); On-site; USD 60,000 - 80,000; Full time

Job summary

Burke & Herbert Bank & Trust is seeking an Investment Management professional to support and execute activities related to the investment process. You will assist Administrators and clients, prepare account reviews, and coordinate with Trust Officers on portfolio construction and performance reviews.

The role emphasizes analytical rigor, knowledge of financial markets, and adherence to policies. The position is non-exempt and office-based with in-person interactions; travel within the bank

Qualifications

• 2+ years of progressively responsible experience in investment management positions.

Responsibilities

• Prepare account reviews and provide recommendations with Trust Officers.
• Serve as a member of the Trust Investment Committee.
• Prepare periodic reviews of equity holdings and develop asset allocations with Trust Officers.
• Construct investment portfolios and coordinate trade execution.
• Execute periodic rebalancing to align with investment objectives.
• Support Trust Officers in client meetings to discuss portfolio performance and changes in circumstances.
• Ensure compliance with policies and procedures.

Skills

Oral and written communication

Analytical skills

Attention to detail

Investment markets knowledge

Tools

Spreadsheet software

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Beckley, WV, US

CLASSIFICATION:Non-exempt

JOB DESCRIPTION

Summary/Objective

Supports and executes activities related to the investment management process as well serving as a resource to Administrators and clients.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Prepares account reviews and provides account recommendations in coordination with Trust Officers
• Trust Investment Committee member
• Prepares periodic quality reviews of equity holdings
• Develops specific asset allocations for individual clients in collaboration with assigned Trust Officers
• Constructs investment portfolios and coordinates the execution of trades as required
• Executes periodic rebalancing trades for client accounts to ensure consistency with states investment objective
• Addressing specific challenges within client portfolios such as asset concentrations and liquidity needs
• Maintains lists for preferred buys, potential sales, and other analytical data
• Validates trades have properly executed
• Addresses securities notices as received (reorg, etc.)
• Supports Trust Officers in meeting with clients regularly to review the performance of portfolios and to understand changing client circumstances that could impact the construction of the portfolio
• Performs individual account analysis
• Maintains and communicates research information
• Helps to ensure compliance with all policies and procedures

Other Duties

• Support Trust Officers in new business development and client retention
• Perform other duties as assigned.

Skills/Abilities

• Strong oral and written communication skills.
• Excellent analytical skills.
• Attention to detail and executional excellence.
• Comprehensive knowledge of financial markets, securities and portfolio management.

Supervisory Responsibility

This position has no supervisory responsibility

This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and opening cabinets. This position requires bending, stooping or standing as necessary.

Travel

Travel within Bank footprint may be requiredfor this position.

Education and Experience

• 2+ years of progressively responsible experience in investment management positions.
• Knowledge of trading and trust accounting process along well as familiarity with basic word processing and spreadsheet applications.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.