Description
Job Description Summary:
The Portfolio Management Associate will support a Senior Advisor in delivering comprehensive wealth management services to high-net-worth clients. This role is designed for a financial professional with strong investment and portfolio management capabilities who can oversee ongoing client portfolio needs, conduct client reviews, and provide thoughtful advice. The position allows the Senior Advisor to focus on strategic relationships and business development while ensuring disciplined portfolio management and exceptional client service.
Job Description:
JOB RESPONSIBILITIES
Performance Monitoring
Oversee portfolio allocation and implementation for a segment of existing client households, ensuring alignment with investment objectives and firm strategy.
Monitor client portfolios, rebalance allocations as appropriate, and identify opportunities to improve portfolio positioning.
Track and analyze business performance metrics, ensuring delivery of growth targets and identifying areas for improvement.
Oversee account administration including client requests, transfers, and distributions while maintaining a high level of service.
Strategic Partnership
Partner with the Senior Advisor to maintain a high-touch client experience for existing relationships.
Risk Management and Compliance
Strictly adhere to all risk and control policies, regulatory guidelines and security measures
Conduct annual and periodic client reviews focused on portfolio performance, asset allocation, and investment strategy.
Provide guidance on portfolio construction, diversification, and liquidity management for client accounts.
Recommend and implement cash management and treasury strategies consistent with client objectives.
Coordinate investment implementation, including trading requests and portfolio adjustments, in collaboration with internal teams.
Prepare portfolio analytics, performance summaries, and client review materials.
Maintain accurate client records and ensure adherence to regulatory and firm compliance standards.
ADDITIONAL ACCOUNTABILITIES
Performs special projects, and additional duties and responsibilities as required.
Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
Education level required: Undergraduate Degree (4 years or equivalent)
Minimum experience required: 4+ Years in portfolio management
Preferred Qualifications:
Education level preferred: Undergraduate Degree (4 years or equivalent) in Business or Finance
Fifteen plus years of work experience in Private Banking or Financial Services
Bachelor’s Degree required.
Series 7/Series 65/66 Preferred or ability to get in 6 months
Proven sales success and strong business acumen
Strong community presence with an established network
Experience or demonstrated understanding of investments, wealth planning, credit and banking concepts.
Focuses on the client’s experience and works tirelessly on the client’s behalf
Job Competencies:
Physical demands (ADA): The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting.
Proactive, takes initiative, and uses critical thinking to solve problems
Dynamic and credible professional who communicates with clarity
Demonstrates strong organizational skills and apply a disciplined and organized approach throughout their business
Flagstar is an Equal Opportunity Employer
We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank