Vice President, IWM Portfolio Manager I - Remote

Hispanic Technology Executive Council; United States; Remote; USD 68,000 - 110,000; Full time

Job summary

An established industry player is seeking a Vice President, IWM Portfolio Manager I to oversee fiduciary accounts and closely held business assets. This role involves financial statement analysis, corporate governance, and collaboration with sales teams for new business proposals. The company values innovation and inclusivity, offering a competitive compensation package and a supportive work environment. Join a team that empowers you to grow and succeed while making a significant impact in wealth management.

Benefits

Flexible Global Resources

Generous Paid Leaves

Paid Volunteer Time

Health and Wellbeing Programs

Qualifications

• 3-5 years of investment experience preferred.
• Advanced degree preferred for higher-level roles.

Responsibilities

• Oversee closely held business assets in fiduciary accounts.
• Perform annual reviews and valuations of business assets.

Skills

Investment Analysis

Financial Statement Analysis

Corporate Governance

Bilingual Capabilities

Education

Bachelor's Degree

Advanced/Graduate Degree

Job description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worlds financial system we touch nearly 20% of the worlds investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

As a leading wealth manager, BNY Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles. Through a unique service model focused on five Active Wealth practices Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies they help clients in the U.S. and abroad achieve stronger after-tax performance to help maintain their wealth over generations.

Were seeking future team member to join our team as a Vice President, IWM Portfolio Manager I. Remote work offered.

In this role, youll make an impact in the following ways:

• Responsible for the oversight of closely held business assets that are held in fiduciary accounts where BNY is acting as trustee or in a similar capacity.
• Oversee and monitor the activities of the closely held business asset, including but not limited to processing dividends made by the entity, oversight of the governing agreement, ensuring the proper insurance coverage is maintained, managing proxies and collection of financial statements on a regular basis.
• Perform an annual review of each closely held business asset, incorporating knowledge in financial statement analysis, investment valuation methodologies, certain trust and fiduciary matters, corporate organizational documents and all aspects of corporate governance.
• Complete a valuation of each asset in the annual review using generally accepted valuation methods, such as the income, market or asset-based approach.
• Works with the sales and fiduciary teams who are proposing new business that includes a closely-held asset. Evaluates ability to accept the asset and helps determine the best plan of administration.
• Works with various internal partners to help support the acquisition, accurate reporting and sale of assigned closely held assets. Involved in the more complex sales of assets and related legal issues.

To be successful in this role, were seeking the following:

• Bachelors degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
• 3-5 years of investment experience preferred or over 2 years of investment experience preferred for MBAs or CFAs.
• Applicable local/regional licenses or certifications as required by the business.
• As global firm, bi-lingual capabilities are helpful as is an understanding of local/cultural nuances important for client trust.

At BNY, our culture speaks for itself. Heres a few of our awards:

• Americas Most Innovative Companies, Fortune, 2024
• Worlds Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN 100% score, 2023-2024
• Most Just Companies, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloombergs Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your lifes journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team one that is representative and inclusive of the diverse talent, clients and communities we work with and serve and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $110,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.