Wealth Portfolio Strategist

PlainsCapital Bank; Austin (TX); On-site; USD 150,000 - 230,000; Full time

Job summary

PlainsCapital Bank is seeking a Wealth Portfolio Manager in Austin, TX to oversee day-to-day investments for a select group of affluent clients, families, and institutions, applying approved strategies, asset allocations, and model portfolios established by the Investment Policy Committee and Chief Investment Officer.

You will monitor, rebalance, implement tax strategies, and communicate performance and market outlook to clients and internal stakeholders, while participating in meetings and

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics or a related field required.
• 5 years of financial services experience, preferably with a bank, or 3 years of experience directly managing investments.
• CFA Institute accreditation or Chartered Market Technician CMT, or willingness to work to achieve is strongly preferred.
• Understanding of Modern Portfolio Theory, Adaptive Markets theory, fiduciary responsibilities, and investment policy implementation.
• Excellent verbal, written and interpersonal communication skills.
• Willingness to travel on a limited basis for new opportunities and/or client meetings.

Responsibilities

• Reports directly to and accepts direction from the Chief Investment Officer.
• Performs trading, rebalancing and other portfolio management services in strict accordance with guidelines established by the Investment Policy Committee.
• Supports client acquisition, business development, and retention efforts through participation in prospect meetings and relationship reviews as requested.
• Participates in investment meetings and contributes research, analysis, observations, and recommendations regarding approved investments, portfolio construction, market developments, and investment strategies.
• Review and interpret portfolio and benchmark performance results and identify key drivers of performance. Analyze portfolio attribution and performance dispersion to improve portfolio implementation and client outcomes.
• Utilize approved performance and risk reports in ongoing portfolio management and client communications.
• Stays up to date on the current monetary, fiscal, and economic environment and their implications on various financial markets.
• Present portfolio reviews, investment recommendations, and market commentary to clients and internal stakeholders as assigned.
• Research projects as needed.
• Completion of annual account reviews.
• Ad hoc projects, as determined by management.

Skills

Analytical thinking

Time management

Communication skills

Problem solving

Attention to detail

Multi-tasking

Education

Bachelor of Finance/Accounting/Economics or related field

Master's degree preferred

Tools

Microsoft Office

Job description

PlainsCapital Bank is seeking a Wealth Portfolio Manager in Austin, TX to oversee day-to-day investments for a select group of affluent clients, families, and institutions, applying approved strategies, asset allocations, and model portfolios established by the Investment Policy Committee and Chief Investment Officer.

You will monitor, rebalance, implement tax strategies, and communicate performance and market outlook to clients and internal stakeholders, while participating in meetings and